Legislation - SB0248

Title: Maryland Technology Development Corporation - Investments - Alterations
Sponsored by: Senator Beidle
Status: In the Senate - Hearing 1/29 at 3:00 p.m.
Analysis

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:: Finance

Details

Cross-filed with: HB0487

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber Senate Calendar Date 1/16/2026 Legislative Date 1/16/2026 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Technology Development Corporation - Investments - Alterations Proceedings
Chamber Senate Calendar Date 1/20/2026 Legislative Date 1/20/2026 Action Hearing 1/29 at 3:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/16/2026	1/16/2026	First Reading Finance
			Text - First - Maryland Technology Development Corporation - Investments - Alterations
Senate	1/20/2026	1/20/2026	Hearing 1/29 at 3:00 p.m.

File Code

Subjects

Statutes