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Busch says tax credit for cybersecurity may expand

Tuesday - 12/31/2013, 5:10am  ET

Associated Press

ANNAPOLIS, Md. (AP) -- Maryland House Speaker Michael Busch says lawmakers may expand a tax credit aimed at boosting jobs in the growing cybersecurity industry around the nation's capital.

Busch said in an interview with The Associated Press on Monday that a work group on cybersecurity is due to submit recommendations soon on how to meet growing demand in the field.

The speaker says he hopes a separate work group of House members that has focused on enhancing the state's business climate has laid the groundwork to take advantage of incentives such as tax credits to increase jobs in cybersecurity.

The Democrat from Anne Arundel says he is interested in acting on any directions that lawmakers can get from the cybersecurity task force in the upcoming legislative session, which begins next week.

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