Legislation

Title: Business and Economic Development - Enterprise Fund and Invest Maryland Program
Sponsored by: Chair, Budget and Taxation Committee (By Request - Departmental - Business and Economic Development)
Status: Approved by the Governor - Chapter 175
Analysis: Fiscal and Policy Note (Revised)

Synopsis

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.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Emergency Bill

Bill File Type: Pre-Filed

Effective Date(s): Upon Enactment

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 12/18/2012 Legislative Date 11/05/2012 Action Pre-filed Proceedings
Chamber Senate Calendar Date 12/18/2012 Legislative Date 1/09/2013 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 1/09/2013 Legislative Date 1/09/2013 Action Hearing 1/30 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 1/23/2013 Legislative Date 1/23/2013 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 1/23/2013 Legislative Date 1/23/2013 Action Hearing 1/30 at 3:00 p.m. Proceedings
Chamber Senate Calendar Date 3/06/2013 Legislative Date 3/07/2013 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/07/2013 Legislative Date 3/07/2013 Action Favorable with Amendments {639136/1 Report Adopted Proceedings 40
Chamber Senate Calendar Date 3/07/2013 Legislative Date 3/07/2013 Action Second Reading Passed with Amendments Proceedings 40
Chamber Senate Calendar Date 3/11/2013 Legislative Date 3/11/2013 Action Third Reading Passed (47-0) Proceedings 42
Chamber House Calendar Date 3/12/2013 Legislative Date 3/12/2013 Action First Reading Ways and Means Proceedings 45
Chamber House Calendar Date 3/15/2013 Legislative Date 3/15/2013 Action Hearing 3/26 at 1:00 p.m. Proceedings
Chamber House Calendar Date 4/04/2013 Legislative Date 4/05/2013 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 4/05/2013 Legislative Date 3/31/2013 Action Favorable with Amendments {305066/1 Report Adopted Proceedings 64
Chamber House Calendar Date 4/05/2013 Legislative Date 3/31/2013 Action Second Reading Passed with Amendments Proceedings 64
Chamber House Calendar Date 4/06/2013 Legislative Date 4/01/2013 Action Motion vote previous question (Delegate Minnick) Adopted Proceedings 65
Chamber House Calendar Date 4/06/2013 Legislative Date 4/01/2013 Action Third Reading Passed with Amendments (107-25) Proceedings 65
Chamber Senate Calendar Date 4/08/2013 Legislative Date 4/02/2013 Action Senate Concur - House Amendments Proceedings 64
Chamber Senate Calendar Date 4/08/2013 Legislative Date 4/02/2013 Action Third Reading Passed (47-0) Proceedings 64
Chamber Senate Calendar Date 4/08/2013 Legislative Date 4/02/2013 Action Passed Enrolled Proceedings 64
Chamber Post Passage Calendar Date 5/02/2013 Legislative Date 5/02/2013 Action Approved by the Governor - Chapter 175 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	12/18/2012	11/05/2012	Pre-filed
Senate	12/18/2012	1/09/2013	First Reading Budget and Taxation
Senate	1/09/2013	1/09/2013	Hearing 1/30 at 2:00 p.m.
Senate	1/23/2013	1/23/2013	Hearing cancelled
Senate	1/23/2013	1/23/2013	Hearing 1/30 at 3:00 p.m.
Senate	3/06/2013	3/07/2013	Favorable with Amendments Report by Budget and Taxation
Senate	3/07/2013	3/07/2013	Favorable with Amendments {639136/1 Report Adopted	40
Senate	3/07/2013	3/07/2013	Second Reading Passed with Amendments	40
Senate	3/11/2013	3/11/2013	Third Reading Passed (47-0)	42
House	3/12/2013	3/12/2013	First Reading Ways and Means	45
House	3/15/2013	3/15/2013	Hearing 3/26 at 1:00 p.m.
House	4/04/2013	4/05/2013	Favorable with Amendments Report by Ways and Means
House	4/05/2013	3/31/2013	Favorable with Amendments {305066/1 Report Adopted	64
House	4/05/2013	3/31/2013	Second Reading Passed with Amendments	64
House	4/06/2013	4/01/2013	Motion vote previous question (Delegate Minnick) Adopted	65
House	4/06/2013	4/01/2013	Third Reading Passed with Amendments (107-25)	65
Senate	4/08/2013	4/02/2013	Senate Concur - House Amendments	64
Senate	4/08/2013	4/02/2013	Third Reading Passed (47-0)	64
Senate	4/08/2013	4/02/2013	Passed Enrolled	64
Post Passage	5/02/2013	5/02/2013	Approved by the Governor - Chapter 175

Documents

Date Posted	Document Name
3/07/2013	Amendments Senate - (Budget and Taxation) {639136/01 Adopted
4/05/2013	Amendments House - (Ways and Means) {305066/01 Adopted
12/20/2012	Text - First - Business and Economic Development - Enterprise Fund and Invest Maryland Program
3/07/2013	Text - Third - Business and Economic Development - Enterprise Fund and Invest Maryland Program
4/08/2013	Text - Enrolled - Business and Economic Development - Enterprise Fund and Invest Maryland Program
5/09/2013	Text - Chapter - Business and Economic Development - Enterprise Fund and Invest Maryland Program
3/06/2013	Vote - Senate - Committee - Budget and Taxation
4/05/2013	Vote - House - Committee - Ways and Means
3/11/2013	Vote - Senate Floor - Third Reading Passed (47-0) - 03/11/13
4/02/2013	Vote - Senate Floor - Third Reading Passed (47-0) - 04/02/13
4/01/2013	Vote - House Floor - Third Reading Passed (107-25) - 04/01/13

File Code

Subjects

Statutes