Legislation

Title: Economic Development – Maryland Technology Development Corporation – Pre–Seed Builder Fund
Sponsored by: Delegate D. Barnes
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 415
Analysis: Fiscal and Policy Note

Synopsis

Establishing the Pre-Seed Builder Fund in the Maryland Technology Development Corporation as a special, nonlapsing fund to support the development of start-up companies run by entrepreneurs from socially or economically disadvantaged backgrounds that hinder access to traditional forms of capital and executive networks at the pre-seed stage; requiring the Governor to include in the annual budget bill a certain appropriation to the Fund; providing for the investment of money in the Fund; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

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

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2021

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber House Calendar Date 2/08/2021 Legislative Date 2/08/2021 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/09/2021 Legislative Date 2/09/2021 Action Hearing 2/26 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development – Maryland Technology Development Corporation – Pre–Seed Builder Fund Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/05/2021 Legislative Date 3/05/2021 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 3/09/2021 Legislative Date 3/01/2021 Action Favorable Adopted Second Reading Passed Proceedings 20BClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Economic Development – Maryland Technology Development Corporation – Pre–Seed Builder Fund Proceedings
Chamber House Calendar Date 3/10/2021 Legislative Date 3/02/2021 Action Third Reading Passed (130-9) Proceedings 21 Click to view Recorded Media
Chamber Senate Calendar Date 3/11/2021 Legislative Date 2/23/2021 Action Referred Finance Budget and Taxation Proceedings 24 Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2021 Legislative Date 3/17/2021 Action Hearing 3/23 at 1:00 p.m. (Finance) 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 4/08/2021 Legislative Date 4/08/2021 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 4/08/2021 Legislative Date 3/18/2021 Action Favorable Adopted Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2021 Legislative Date 3/18/2021 Action Second Reading Passed Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2021 Legislative Date 3/19/2021 Action Third Reading Passed (47-0) Proceedings 44 Click to view Recorded Media
Chamber House Calendar Date 4/09/2021 Legislative Date 3/25/2021 Action Returned Passed Proceedings 44 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/30/2021 Legislative Date 5/30/2021 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 415 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Economic Development – Maryland Technology Development Corporation – Pre–Seed Builder Fund Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/08/2021	2/08/2021	First Reading Ways and Means
House	2/09/2021	2/09/2021	Hearing 2/26 at 1:30 p.m.
			Text - First - Economic Development – Maryland Technology Development Corporation – Pre–Seed Builder Fund
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/05/2021	3/05/2021	Favorable Report by Ways and Means
House	3/09/2021	3/01/2021	Favorable Adopted Second Reading Passed	20BClick to view Recorded Media
			Text - Third - Economic Development – Maryland Technology Development Corporation – Pre–Seed Builder Fund
House	3/10/2021	3/02/2021	Third Reading Passed (130-9)	21 Click to view Recorded Media
Senate	3/11/2021	2/23/2021	Referred Finance Budget and Taxation	24 Click to view Recorded Media
Senate	3/17/2021	3/17/2021	Hearing 3/23 at 1:00 p.m. (Finance)
			Vote - Senate - Committee - Finance	Click to view Recorded Media
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/08/2021	4/08/2021	Favorable Report by Finance
Senate	4/08/2021	3/18/2021	Favorable Adopted	43 Click to view Recorded Media
Senate	4/08/2021	3/18/2021	Second Reading Passed	43 Click to view Recorded Media
Senate	4/09/2021	3/19/2021	Third Reading Passed (47-0)	44 Click to view Recorded Media
House	4/09/2021	3/25/2021	Returned Passed	44 Click to view Recorded Media
Post Passage	5/30/2021	5/30/2021	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 415
			Text - Chapter - Economic Development – Maryland Technology Development Corporation – Pre–Seed Builder Fund

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