Legislation - SB0427

Title: Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act
Sponsored by: The President (By Request - Administration) and Senators Brooks, Charles, Ellis, Gile, Henson, Lam, Watson, and West
Status: In the House - Rereferred to Ways and Means and Appropriations
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Altering the designation, administration, and purposes of and eligibility for certain economic development programs; redesignating the Maryland Economic Development Assistance Authority to be the Maryland Economic Competitiveness Fund; repealing the Maryland Small Business Development Financing Authority and certain related Funds; making the film production activity tax credit transferable; authorizing a qualified film production entity to amend its application for the tax credit under certain circumstances; etc.

Committees

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

Opposite:: Ways and Means; Appropriations

Committee Testimony

Witness List

Details

Cross-filed with: HB0498

Bill File Type: Regular

Effective Date(s): June 1, 2025

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 1/21/2025 Legislative Date 1/20/2025 Action First Reading Budget and Taxation and Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act Proceedings
Chamber Senate Calendar Date 2/05/2025 Legislative Date 2/05/2025 Action Hearing 2/25 at 1:00 p.m. (Budget and Taxation) Proceedings
Chamber Senate Calendar Date 2/07/2025 Legislative Date 2/07/2025 Action Hearing canceled (Budget and Taxation) Proceedings
Chamber Senate Calendar Date 2/07/2025 Legislative Date 2/07/2025 Action Hearing 3/04 at 1:00 p.m. (Budget and Taxation) Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2025 Legislative Date 4/03/2025 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/03/2025 Legislative Date 3/16/2025 Action Favorable with Amendments {973829/1 Proceedings 64 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2025 Legislative Date 3/16/2025 Action Motion Special Order until Next Session (Senator Hershey) Adopted Proceedings 64 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2025 Legislative Date 3/17/2025 Action Favorable with Amendments {973829/1 Adopted Proceedings 65 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2025 Legislative Date 3/17/2025 Action Floor Amendment {733122/1 (Senator McCray) Adopted Proceedings 65 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2025 Legislative Date 3/17/2025 Action Floor Amendment {653429/1 (Senator Rosapepe) Adopted Proceedings 65 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2025 Legislative Date 3/17/2025 Action Floor Amendment {273621/1 (Senator Guzzone) Adopted Proceedings 65 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2025 Legislative Date 3/17/2025 Action Second Reading Passed with Amendments Proceedings 65 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act Proceedings
Chamber Senate Calendar Date 4/04/2025 Legislative Date 3/18/2025 Action Third Reading Passed (39-4) Proceedings 66 Click to view Recorded Media
Chamber House Calendar Date 4/04/2025 Legislative Date 3/21/2025 Action Referred Rules and Executive Nominations Proceedings 61 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Rules and Executive Nominations Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/07/2025 Legislative Date 4/07/2025 Action Rereferred to Ways and Means and Appropriations Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/21/2025	1/20/2025	First Reading Budget and Taxation and Finance
			Text - First - Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act
Senate	2/05/2025	2/05/2025	Hearing 2/25 at 1:00 p.m. (Budget and Taxation)
Senate	2/07/2025	2/07/2025	Hearing canceled (Budget and Taxation)
Senate	2/07/2025	2/07/2025	Hearing 3/04 at 1:00 p.m. (Budget and Taxation)
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	4/03/2025	4/03/2025	Favorable with Amendments Report by Budget and Taxation
Senate	4/03/2025	3/16/2025	Favorable with Amendments {973829/1	64 Click to view Recorded Media
Senate	4/03/2025	3/16/2025	Motion Special Order until Next Session (Senator Hershey) Adopted	64 Click to view Recorded Media
Senate	4/03/2025	3/17/2025	Favorable with Amendments {973829/1 Adopted	65 Click to view Recorded Media
Senate	4/03/2025	3/17/2025	Floor Amendment {733122/1 (Senator McCray) Adopted	65 Click to view Recorded Media
Senate	4/03/2025	3/17/2025	Floor Amendment {653429/1 (Senator Rosapepe) Adopted	65 Click to view Recorded Media
Senate	4/03/2025	3/17/2025	Floor Amendment {273621/1 (Senator Guzzone) Adopted	65 Click to view Recorded Media
Senate	4/03/2025	3/17/2025	Second Reading Passed with Amendments	65 Click to view Recorded Media
			Text - Third - Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act
Senate	4/04/2025	3/18/2025	Third Reading Passed (39-4)	66 Click to view Recorded Media
House	4/04/2025	3/21/2025	Referred Rules and Executive Nominations	61 Click to view Recorded Media
			Vote - House - Committee - Rules and Executive Nominations	Click to view Recorded Media
House	4/07/2025	4/07/2025	Rereferred to Ways and Means and Appropriations

File Code

Subjects

Statutes

Article - Economic Development

( 10-101, 10-106, 10-115, 10-133, 10-137, 10-138, 10-139 through 10-146, 10-149, 10-150 through 10-155, 10-401, 10-408, 10-415, 10-470, 10-501, 10-528, 5-102, 5-1401, 5-2301, 5-301, 5-305 through 5-307, 5-310, 5-311 through 5-316, 5-319, 5-320, 5-321, 5-322, 5-323, 5-324, 5-325, 5-329, 5-338, 5-501, 5-502, 5-505, 5-506, 5-506 through 5-514, 5-507, 5-517, 5-518, 5-519 through 5-523, 5-524 through 5-528, 5-529, 5-530, 5-533, 5-534, 5-535 through 5-538, 5-539 through 5-543, 5-544, 5-545, 5-546, 5-549 through 5-551, 5-552, 5-553, 5-554, 5-555 through 5-558, 5-559, 5-561, 5-562, 5-563 through 5-565, 5-566 through 5-575, 6-1007 )