2019 Legislative Priorities
The Maryland Tech Council is committed to ensuring Maryland is competitive as compared to other states. We are committed to supporting legislation to increase tax credits for research and development, lowering taxes for companies doing business in Maryland and defending against any legislation that negatively impacts our technology and life science companies' ability to compete.
LIFE SCIENCES INNOVATION
The Maryland Tech Council is committed to making Maryland a hub for life science innovation and opposes any legislation that inhibits this innovation.
The Maryland Tech Council is committed to supporting legislation that encourages innovative products including cyber security, biotechnology, advanced manufacturing and artificial intelligence.
INTERNSHIP AND APPRENTICESHIPS
The Maryland Tech Council supports any legislation or budget allocations that support the inMD statewide internship and apprenticeship platform and encourage companies to employ interns and apprentices in innovation jobs.
In order to remain competitive, Maryland must have the proper infrastructure including 5G infrastructure deployment and advanced telecommunication services. The Maryland Tech Council supports legislation that supports this.
INCREASE INVESTMENT IN INNOVATIVE GROWTH COMPANIES
While Maryland saw a spike in angel and venture investment in innovative companies, there is still a large shortfall. The Maryland Tech Council supports legislation that encourages equity investment into innovation companies including the biohealth investor tax credit, angel investor tax credit and legislation reducing estate planning taxes that cause exited entrepreneurs to move out of Maryland.
INNOVATION JOB GROWTH
The Maryland Tech Council supports legislation and budget allocations that incentivize our innovative companies to increase the number of employees in the state of Maryland.