Maryland Research and Development Tax Credit
Provides a state tax credit for Maryland companies conducting qualified experimental work in the state.
About
The Maryland Research and Development Tax Credit, under the Maryland Department of Commerce, rewards companies that spend on qualified research inside Maryland. It is a state tax credit, not a cash grant, and it is designed to lower the cost of experimental work that meets the federal definition of R&D. The program runs each year and carries a statutory sunset of June 30, 2027 unless lawmakers ext…
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Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.