Legislation

Title: Maryland Technology Development Corporation - Equitech Growth Fund and Commission
Sponsored by: Senators Augustine, Beidle, Elfreth, Feldman, Griffith, Guzzone, King, McCray, and Zucker
Status: Approved by the Governor - Chapter 461
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Establishing the Equitech Growth Fund in the Maryland Technology Development Corporation to support the economic competitiveness and inclusive growth of emerging and advanced industries in the State through the creation of supporting infrastructure assets, resources, and a diverse workforce that builds the strengths of the State's economy; establishing the Equitech Growth Commission; requiring the Governor in each of fiscal years 2025 through 2033 to include $5,000,000 in the annual budget bill for awards from the Fund; etc.

Committees

Original:: Finance Click to view Recorded Media; Budget and Taxation

Opposite:: Ways and Means Click to view Recorded Media; Appropriations

Committee Testimony

Witness List

Details

Cross-filed with: HB0781

Bill File Type: Regular

Effective Date(s): July 1, 2023

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber Senate Calendar Date 2/06/2023 Legislative Date 2/06/2023 Action First Reading Finance and Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/08/2023 Legislative Date 2/08/2023 Action Hearing 3/07 at 1:00 p.m. (Finance) Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Technology Development Corporation - Equitech Growth Fund and Commission Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/20/2023 Legislative Date 3/20/2023 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 3/20/2023 Legislative Date 3/11/2023 Action Favorable with Amendments {553926/1 Adopted Proceedings 48 Click to view Recorded Media
Chamber Senate Calendar Date 3/20/2023 Legislative Date 3/11/2023 Action Second Reading Passed with Amendments Proceedings 48 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Maryland Technology Development Corporation - Equitech Growth Fund and Commission Proceedings
Chamber Senate Calendar Date 3/20/2023 Legislative Date 3/13/2023 Action Third Reading Passed (39-7) Proceedings 50 Click to view Recorded Media
Chamber House Calendar Date 3/21/2023 Legislative Date 3/13/2023 Action Referred Ways and Means Appropriations Proceedings 50AClick to view Recorded Media
Chamber House Calendar Date 3/21/2023 Legislative Date 3/21/2023 Action Hearing 3/30 at 1:00 p.m. (Ways and Means) Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Appropriations Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/04/2023 Legislative Date 4/04/2023 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 4/04/2023 Legislative Date 3/22/2023 Action Favorable Adopted Second Reading Passed Proceedings 59 Click to view Recorded Media
Chamber House Calendar Date 4/05/2023 Legislative Date 3/25/2023 Action Third Reading Passed (119-16) Proceedings 62 Click to view Recorded Media
Chamber Senate Calendar Date 4/06/2023 Legislative Date 3/24/2023 Action Returned Passed Proceedings 61 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/08/2023 Legislative Date 5/08/2023 Action Approved by the Governor - Chapter 461 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Maryland Technology Development Corporation - Equitech Growth Fund and Commission Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/06/2023	2/06/2023	First Reading Finance and Budget and Taxation
Senate	2/08/2023	2/08/2023	Hearing 3/07 at 1:00 p.m. (Finance)
			Text - First - Maryland Technology Development Corporation - Equitech Growth Fund and Commission
			Vote - Senate - Committee - Finance	Click to view Recorded Media
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/20/2023	3/20/2023	Favorable with Amendments Report by Finance
Senate	3/20/2023	3/11/2023	Favorable with Amendments {553926/1 Adopted	48 Click to view Recorded Media
Senate	3/20/2023	3/11/2023	Second Reading Passed with Amendments	48 Click to view Recorded Media
			Text - Third - Maryland Technology Development Corporation - Equitech Growth Fund and Commission
Senate	3/20/2023	3/13/2023	Third Reading Passed (39-7)	50 Click to view Recorded Media
House	3/21/2023	3/13/2023	Referred Ways and Means Appropriations	50AClick to view Recorded Media
House	3/21/2023	3/21/2023	Hearing 3/30 at 1:00 p.m. (Ways and Means)
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
			Vote - House - Committee - Appropriations	Click to view Recorded Media
House	4/04/2023	4/04/2023	Favorable Report by Ways and Means
House	4/04/2023	3/22/2023	Favorable Adopted Second Reading Passed	59 Click to view Recorded Media
House	4/05/2023	3/25/2023	Third Reading Passed (119-16)	62 Click to view Recorded Media
Senate	4/06/2023	3/24/2023	Returned Passed	61 Click to view Recorded Media
Post Passage	5/08/2023	5/08/2023	Approved by the Governor - Chapter 461
			Text - Chapter - Maryland Technology Development Corporation - Equitech Growth Fund and Commission

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Statutes