SENATE BILL 961

Sponsored By:

Senator Pugh

Entitled:

Maryland Biotech SBIR and STTR Bridge Program

Synopsis:

Establishing a Maryland Biotech SBIR and STTR Bridge Program to be administered by the Maryland Technology Development Corporation for specified purposes; authorizing the Program to provide grants to specified eligible biotechnology businesses; stating the purpose of the Program; establishing the Maryland Biotech SBIR and STTR Bridge Fund as a special, nonlapsing fund for specified purposes; providing for the administration, sources, and use of the Fund; requiring a specified audit of the Fund; etc.

History by Legislative and Calendar Date

Senate Action

2/15

First Reading Senate Rules

2/20

Re-referred Finance

3/1

Hearing 3/21 at 1:00 p.m.

3/7

Hearing cancelled

Hearing 3/13 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

Appropriations

Auditors and Audits

Commerce and Business -see also- Dealers; Elec. Comm.; etc

Federal Government

Grants

Industry and Technology

Medical Research

Public Corporations and Instrumentalities

Reports

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Rules and Regulations

Bill affects the following Statutes:

Economic Development

( 10-401 , 10-401 )

Education

( 21-601 through 21-604 )

State Finance and Procurement

( 6-226 , 6-226 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered