Legislation - HB1054

Title: Higher Education – High Impact Economic Development Activities – Alterations
Sponsored by: Delegates Wu, Solomon, and Terrasa
Status: In the House - Hearing 3/12 at 1:00 p.m.
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 the amount of State or University funds used on each high impact economic development activity, the net benefit of each activity, and whether the activity is in the best interest of the State; and making a high impact economic development activity subject to State procurement law.

Committees

Original:: Appropriations

Details

Cross-filed with: SB0439

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber House Calendar Date 2/05/2025 Legislative Date 2/05/2025 Action First Reading Appropriations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Higher Education – High Impact Economic Development Activities – Alterations Proceedings
Chamber House Calendar Date 2/21/2025 Legislative Date 2/21/2025 Action Hearing 3/12 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/05/2025	2/05/2025	First Reading Appropriations
			Text - First - Higher Education – High Impact Economic Development Activities – Alterations
House	2/21/2025	2/21/2025	Hearing 3/12 at 1:00 p.m.

File Code

Subjects

Statutes