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MarylandHB 04722026 Regular SessionHouseWALLET

Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension

Sponsored By: Jessica Feldmark (Democratic)

Signed by Governor

Taxes - IncomeArt, Music, and Cultural Affairs -see also- EthAff; Mus; etcCommerce, Department ofIncome TaxSunsetTax CreditsTheaters

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Theater credit extended with carryover

Maryland offers a refundable income tax credit for qualified theatrical productions performed in the State. The Secretary of Commerce issues a tax credit certificate that sets your credit amount. If less than $5 million in credits are issued in a year, the unused room carries forward, up to $20 million total. These carryover rules take effect July 1, 2026. The credit applies to tax years that begin after December 31, 2021 and before January 1, 2032. The program ends June 30, 2032.

Tighter caps on theater tax credits

Starting July 1, 2026, the Secretary cannot issue more than $5 million in credit certificates statewide each fiscal year. Any single production cannot receive more than $2 million in total credits. These caps apply to productions performed in Maryland. The caps end June 30, 2032.

Sponsors & Cosponsors

Sponsor

  • Jessica Feldmark

    Democratic • House

Cosponsors

  • Gabriel Acevero

    Democratic • House

  • Nick Allen

    Democratic • House

  • Regina T. Boyce

    Democratic • House

  • Derrick Coley

    Democratic • House

  • Terri L. Hill

    Democratic • House

  • Julian Ivey

    Democratic • House

  • Mary A. Lehman

    Democratic • House

  • Robbyn Lewis

    Democratic • House

  • Kim Ross

    Democratic • House

  • Jared Solomon

    Democratic • House

  • Jen Terrasa

    Democratic • House

  • Karen Toles

    Democratic • House

  • Chris Tomlinson

    Republican • House

  • Courtney Watson

    Democratic • House

  • Natalie Ziegler

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 163 • No: 15

Senate vote • 4/3/2026

Third Reading Passed

Yes: 42 • No: 1 • Other: 2

House vote • 3/23/2026

Third Reading Passed

Yes: 121 • No: 14 • Other: 3

Actions Timeline

  1. Approved by the Governor - Chapter 18

    4/14/2026

  2. Returned Passed

    4/3/2026House

  3. Third Reading Passed (42-1)

    4/3/2026Senate

  4. Second Reading Passed

    4/1/2026Senate

  5. Favorable Adopted

    4/1/2026Senate

  6. Favorable Report by Budget and Taxation

    4/1/2026Senate

  7. Hearing 3/31 at 1:00 p.m.

    3/25/2026Senate

  8. Referred Budget and Taxation

    3/23/2026Senate

  9. Third Reading Passed (121-14)

    3/23/2026House

  10. Second Reading Passed with Amendments

    3/21/2026House

  11. Favorable with Amendments {973425/1 Adopted

    3/21/2026House

  12. Favorable with Amendments Report by Ways and Means

    3/21/2026House

  13. Hearing 2/12 at 1:00 p.m.

    1/23/2026House

  14. First Reading Ways and Means

    1/23/2026House

Bill Text

  • Enacted

    4/14/2026

    PDF

  • Third Reading

    3/21/2026

    PDF

  • First Reading

    1/23/2026

    PDF

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