Legislation

Title: Maryland Clean Energy Center - Climate Technology Founder's Fund - Establishment
Sponsored by: Senator Feldman
Status: In the Senate - Hearing 3/15 at 3:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Establishing the Climate Technology Founder's Fund in the Maryland Clean Energy Center to provide early-stage funding for start-up companies focused on qualified projects in climate technologies; requiring the Center to report to the Governor and the General Assembly by October 1, each year, on the use of the Fund and outcomes of investments made from the Fund; and requiring the Governor to include in the annual budget bill for fiscal year 2025, $500,000 for the Fund.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0911

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 2/15/2023 Legislative Date 2/15/2023 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Clean Energy Center - Climate Technology Founder's Fund - Establishment Proceedings
Chamber Senate Calendar Date 3/08/2023 Legislative Date 3/09/2023 Action Rereferred to Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/09/2023 Legislative Date 3/09/2023 Action Hearing 3/15 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/14/2023 Legislative Date 3/14/2023 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 3/14/2023 Legislative Date 3/14/2023 Action Hearing 3/15 at 3:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/15/2023	2/15/2023	First Reading Senate Rules
			Text - First - Maryland Clean Energy Center - Climate Technology Founder's Fund - Establishment
Senate	3/08/2023	3/09/2023	Rereferred to Budget and Taxation
Senate	3/09/2023	3/09/2023	Hearing 3/15 at 1:00 p.m.
Senate	3/14/2023	3/14/2023	Hearing canceled
Senate	3/14/2023	3/14/2023	Hearing 3/15 at 3:00 p.m.

File Code

Subjects

Statutes