Legislation - SB0763

Title: Maryland Technology Development Corporation - Maryland Growth Initiative - Established
Sponsored by: Senator Guzzone
Status: In the Senate - Hearing 3/05 at 1:00 p.m.
Analysis

Synopsis

Establishing the Maryland Growth Initiative in the Maryland Technology Development Corporation to support the growth of start-up companies; requiring the Initiative to create a certain list of companies in the State that are between certain growth phases according to a certain priority; establishing the Maryland Growth Initiative Fund to be administered by the Corporation as a special, nonlapsing fund; requiring the Governor to include in the annual budget an appropriation of $5,000,000 for the Initiative; etc.

Committees

Original:: Finance

Details

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/06/2026 Legislative Date 2/06/2026 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Technology Development Corporation - Maryland Growth Initiative - Established Proceedings
Chamber Senate Calendar Date 2/12/2026 Legislative Date 2/12/2026 Action Hearing 3/05 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/06/2026	2/06/2026	First Reading Finance
			Text - First - Maryland Technology Development Corporation - Maryland Growth Initiative - Established
Senate	2/12/2026	2/12/2026	Hearing 3/05 at 1:00 p.m.

File Code

Subjects

Statutes