Legislation

Title: Economic Development - Maryland Technology Development Corporation - Rural Business Innovation Initiative Fund
Sponsored by: Senators Edwards and Corderman
Status: In the Senate - Hearing 3/10 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Establishing the Rural Business Innovation Initiative Fund in the Maryland Technology Development Corporation as a special, nonlapsing fund to provide assistance to start-up and small technology-based businesses in the rural areas of the State; requiring the Governor in fiscal year 2024 and each fiscal year thereafter, to include $500,000 in the annual budget bill for the Fund.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB1095

Bill File Type: Regular

Effective Date(s): July 1, 2022

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber Senate Calendar Date 2/07/2022 Legislative Date 2/07/2022 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development - Maryland Technology Development Corporation - Rural Business Innovation Initiative Fund Proceedings
Chamber Senate Calendar Date 2/10/2022 Legislative Date 2/10/2022 Action Hearing 3/10 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/07/2022	2/07/2022	First Reading Budget and Taxation
			Text - First - Economic Development - Maryland Technology Development Corporation - Rural Business Innovation Initiative Fund
Senate	2/10/2022	2/10/2022	Hearing 3/10 at 1:00 p.m.

File Code

Subjects

Statutes