To the disappointment of Maryland’s startup community, the Angel Investor Tax Credit Bill is still in committee in both the House and the Senate and is likely to stay there as the 2016 session ends next week.
House bill sponsor Del. Brooke Lierman declined to comment on the record about the bill’s fate last week. Sources familiar with the bill said it will not come out of committee this year.
Committee hearings were held in both chambers in February and March but discussion on the bill did not go beyond that.
Click here to read the rest of the article written by Anamika Roy over at the Daily Record