Legislation - SB0439

Title: Higher Education - High Impact Economic Development Activities - Alterations
Sponsored by: Senator Lam (By Request - Joint Audit and Evaluation Committee)
Status: In the Senate - Second Reading Passed with Amendments
Analysis: Fiscal and Policy Note

Synopsis

Altering the definition of "high impact economic development activity" to exclude cost savings related to the reduction in the number of University System of Maryland employees; requiring the Board of Regents of the University System of Maryland to report certain information relating to high impact economic development activities; making a high impact economic development activity subject to State procurement law; etc.

Committees

Original:: Finance Click to view Recorded Media; Education, Energy, and the Environment

Committee Testimony

Witness List

Details

Cross-filed with: HB1054

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber Senate Calendar Date 1/22/2025 Legislative Date 1/21/2025 Action First Reading Finance and Education, Energy, and the Environment Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Higher Education - High Impact Economic Development Activities - Alterations Proceedings
Chamber Senate Calendar Date 1/22/2025 Legislative Date 1/22/2025 Action Hearing 2/06 at 1:00 p.m. (Finance) Proceedings
Chamber Senate Calendar Date 1/29/2025 Legislative Date 1/29/2025 Action Hearing 2/06 at 1:00 p.m. (Finance) and Hearing 2/19 at 1:00 p.m. (Education, Energy, and the Environment) Proceedings
Chamber Senate Calendar Date 1/30/2025 Legislative Date 1/30/2025 Action Hearing 2/06 at 1:00 p.m. (Finance) and Hearing canceled (Education, Energy, and the Environment) Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Education, Energy, and the Environment Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/13/2025 Legislative Date 3/13/2025 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 3/13/2025 Legislative Date 2/24/2025 Action Favorable with Amendments {413120/1 Adopted Proceedings 44 Click to view Recorded Media
Chamber Senate Calendar Date 3/13/2025 Legislative Date 2/24/2025 Action Second Reading Passed with Amendments Proceedings 44 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/22/2025	1/21/2025	First Reading Finance and Education, Energy, and the Environment
			Text - First - Higher Education - High Impact Economic Development Activities - Alterations
Senate	1/22/2025	1/22/2025	Hearing 2/06 at 1:00 p.m. (Finance)
Senate	1/29/2025	1/29/2025	Hearing 2/06 at 1:00 p.m. (Finance) and Hearing 2/19 at 1:00 p.m. (Education, Energy, and the Environment)
Senate	1/30/2025	1/30/2025	Hearing 2/06 at 1:00 p.m. (Finance) and Hearing canceled (Education, Energy, and the Environment)
			Vote - Senate - Committee - Finance	Click to view Recorded Media
			Vote - Senate - Committee - Education, Energy, and the Environment	Click to view Recorded Media
Senate	3/13/2025	3/13/2025	Favorable with Amendments Report by Finance
Senate	3/13/2025	2/24/2025	Favorable with Amendments {413120/1 Adopted	44 Click to view Recorded Media
Senate	3/13/2025	2/24/2025	Second Reading Passed with Amendments	44 Click to view Recorded Media

File Code

Subjects

Statutes