# Maryland SB 0440: Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension

Maryland SB 0440, Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension, is a 2026 Regular Session Senate bill sponsored by Guy Guzzone (Democratic); status signed, last action 2026-04-14 (Approved by the Governor - Chapter 19); PRIA reads it as touching household money (as of 2026-10-11).

- Canonical: https://policyrisk.com/state-bill/MD-SB0440-2026RS
- As of: 2026-10-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland SB 0440
- State: Maryland
- Session: 2026 Regular Session
- Title: Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension
- Status: signed
- Chamber: Senate
- Introduced: 2026-01-30
- Last action: 2026-04-14, Approved by the Governor - Chapter 19
- Sponsor: Guy Guzzone (Democratic)
- Cosponsors: 6
- Subjects: Taxes - Income, Art, Music, and Cultural Affairs -see also- EthAff; Mus; etc, Commerce, Department of, Income Tax, Sunset, Tax Credits, Theaters
- Touches household money: yes
- Roll calls: 3 (200 yes, 19 no in all)
- Economic provisions PRIA read: 3

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Refundable tax credit for theatrical productions: benefit, high. Qualified theatrical production entities can claim a Maryland income tax credit equal to the amount on their approved certificate. If the credit is larger than the State tax owed, they receive a refund for the extra. These rules apply beginning July 1, 2026 and remain in place until June 30, 2032.
- Theatrical credit extended through 2032: benefit, high. The theatrical production tax credit applies to tax years that start after December 31, 2021 and before January 1, 2032. The program stays in effect until June 30, 2032. This keeps the credit available to eligible productions during those years.
- Caps and carryforward for production credits: mixed, high. Each fiscal year, the State issues up to $5 million in production credit certificates. If less than $5 million is used, the unused amount can be carried forward to later years. The total carried forward from past years cannot exceed $20 million. Any single production is capped at $2 million. These…

## Sponsors and cosponsors

- Sponsor: Guy Guzzone (Democratic), Senate
- Cosponsor: Jack Bailey (Republican), Senate
- Cosponsor: Paul D. Corderman (Republican), Senate
- Cosponsor: Shelly Hettleman (Democratic), Senate
- Cosponsor: Nancy J. King (Democratic), Senate
- Cosponsor: Cory V. McCray (Democratic), Senate
- Cosponsor: Johnny Ray Salling (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-08 | Senate | Third Reading Passed | pass | 42 | 1 | 3 |
| 2026-04-07 | House | Third Reading Passed | pass | 119 | 17 | 2 |
| 2026-03-05 | Senate | Third Reading Passed | pass | 39 | 1 | 3 |

## Actions (18)

- 2026-04-14: Approved by the Governor - Chapter 19
- 2026-04-08: Passed Enrolled (Senate)
- 2026-04-08: Third Reading Passed (42-1) (Senate)
- 2026-04-08: Senate Concurs House Amendments (Senate)
- 2026-04-07: Third Reading Passed (119-17) (House)
- 2026-04-03: Second Reading Passed with Amendments (House)
- 2026-04-03: Favorable with Amendments {193924/1 Adopted (House)
- 2026-04-02: Favorable with Amendments Report by Ways and Means (House)
- 2026-03-25: Hearing 3/25 at 1:30 p.m. (House)
- 2026-03-25: Hearing canceled (House)
- 2026-03-16: Hearing 3/25 at 1:00 p.m. (House)
- 2026-03-06: Referred Ways and Means (House)
- 2026-03-05: Third Reading Passed (39-1) (Senate)
- 2026-03-03: Second Reading Passed with Amendments (Senate)
- 2026-03-03: Favorable with Amendments {153925/1 Adopted (Senate)
- 2026-03-02: Favorable with Amendments Report by Budget and Taxation (Senate)
- 2026-02-03: Hearing 2/11 at 2:00 p.m. (Senate)
- 2026-01-30: First Reading Budget and Taxation (Senate)

## Bill text

- Enacted, 2026-04-14: [PDF](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_19_sb0440e.pdf)
- Enrolled, 2026-04-08: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0440e.pdf)
- Third Reading, 2026-03-03: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0440t.pdf)
- First Reading, 2026-01-30: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0440f.pdf)

## Related bills

- SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - Authorization (became law)
- SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishment (became law)
- SB 0244: Code Revision - Health - Maryland Medical Assistance Program (became law)
- SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-1 Specialists Act) (became law)
- SB 0016: Child Support - Earnings Withholdings Limits (became law)
- HB 0529: Code Revision - Health - Maryland Medical Assistance Program (became law)

## Sources
- [Enacted (PDF)](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_19_sb0440e.pdf)
- [Enrolled (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0440e.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0440t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0440f.pdf)

## Related
- [SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - A…](https://policyrisk.com/state-bill/MD-SB0496-2026RS)
- [SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishm…](https://policyrisk.com/state-bill/MD-SB0366-2026RS)
- [SB 0244: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-SB0244-2026RS)
- [SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-…](https://policyrisk.com/state-bill/MD-SB0148-2026RS)
- [SB 0016: Child Support - Earnings Withholdings Limits](https://policyrisk.com/state-bill/MD-SB0016-2026RS)
- [HB 0529: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-HB0529-2026RS)
- [Maryland bills](https://policyrisk.com/states/maryland/bills)
- [Maryland state hub](https://policyrisk.com/states/maryland)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/MD-SB0440-2026RS (as of 2026-10-11).