Legislation - SB0439

Title: Higher Education - High Impact Economic Development Activities - Alterations
Sponsored by: Senator Lam (By Request - Joint Audit and Evaluation Committee)
Status: In the Senate - Hearing 2/06 at 1:00 p.m. (Finance)
Analysis

Synopsis

Altering the definition of "high impact economic development activity" to exclude cost savings related to the reduction in the number of University System of Maryland employees; requiring the Board of Regents of the University System of Maryland to report certain information relating to high impact economic development activities; making a high impact economic development activity subject to State procurement law; etc.

Committees

Original:: Finance; Education, Energy, and the Environment

Details

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber Senate Calendar Date 1/21/2025 Legislative Date 1/21/2025 Action First Reading Finance and Education, Energy, and the Environment Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Higher Education - High Impact Economic Development Activities - Alterations Proceedings
Chamber Senate Calendar Date 1/22/2025 Legislative Date 1/22/2025 Action Hearing 2/06 at 1:00 p.m. (Finance) Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/21/2025	1/21/2025	First Reading Finance and Education, Energy, and the Environment
			Text - First - Higher Education - High Impact Economic Development Activities - Alterations
Senate	1/22/2025	1/22/2025	Hearing 2/06 at 1:00 p.m. (Finance)

File Code

Subjects

Statutes