Legislation - HB0487

Title: Maryland Technology Development Corporation - Investments - Alterations
Sponsored by: Delegate Feldmark
Status: In the Senate - Favorable Report by Finance
Analysis: Fiscal and Policy Note

Synopsis

Requiring the Maryland Technology Development Corporation to adopt certain regulations regarding the consideration of remedies for investments in certain businesses that no longer meet the definition of a qualified business for purposes of provisions of law governing the Corporation; authorizing, rather than requiring, the Corporation to divest itself of an interest under certain circumstances; and authorizing the Corporation to pursue certain other remedies under those circumstances.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance

Committee Testimony

Witness List

Details

Cross-filed with: SB0248

Introduced in a prior session as: HB0498 Session: 2025 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber House Calendar Date 1/23/2026 Legislative Date 1/23/2026 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Technology Development Corporation - Investments - Alterations Proceedings
Chamber House Calendar Date 1/28/2026 Legislative Date 1/28/2026 Action Hearing 2/17 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 2/24/2026 Legislative Date 2/24/2026 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 2/25/2026 Legislative Date 2/19/2026 Action Favorable Adopted Second Reading Passed Proceedings 28 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Maryland Technology Development Corporation - Investments - Alterations Proceedings
Chamber House Calendar Date 2/26/2026 Legislative Date 2/20/2026 Action Third Reading Passed (134-1) Proceedings 29 Click to view Recorded Media
Chamber Senate Calendar Date 2/27/2026 Legislative Date 2/19/2026 Action Referred Finance Proceedings 30 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/30/2026 Legislative Date 3/30/2026 Action Favorable Report by Finance Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/23/2026	1/23/2026	First Reading Economic Matters
			Text - First - Maryland Technology Development Corporation - Investments - Alterations
House	1/28/2026	1/28/2026	Hearing 2/17 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	2/24/2026	2/24/2026	Favorable Report by Economic Matters
House	2/25/2026	2/19/2026	Favorable Adopted Second Reading Passed	28 Click to view Recorded Media
			Text - Third - Maryland Technology Development Corporation - Investments - Alterations
House	2/26/2026	2/20/2026	Third Reading Passed (134-1)	29 Click to view Recorded Media
Senate	2/27/2026	2/19/2026	Referred Finance	30 Click to view Recorded Media
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/30/2026	3/30/2026	Favorable Report by Finance

File Code

Subjects

Statutes