Altering the uses and composition of the Enterprise Fund in the Department of Business and Economic Development; authorizing the Department to acquire an ownership interest exceeding 25% when making an equity investment in one or more venture or private equity firms; restricting to a specified percentage the Department's allocation of designated capital in specified side car funds under the Invest Maryland Program; expanding specified prohibitions to apply to a specified purchaser of tax credits; etc.
Bill File Type: Pre-Filed
Effective Date(s): Upon Enactment
By Request of the Governor
( 5-602, 5-603, 6-501, 6-511, 6-518, 6-520, 6-521, 6-522, 6-529 )
Last Updated: 2/3/2020 2:27 PM