MD HB1211 | 2021 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 30 2021 - 100% progression
Action: 2021-05-30 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 415
Text: Latest bill text (Chaptered) [PDF]

Summary

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.

Tracking Information

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Title

Economic Development – Maryland Technology Development Corporation – Pre–Seed Builder Fund

Sponsors


Roll Calls

2021-04-09 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2021-03-10 - House - Third Reading Passed (Y: 130 N: 9 NV: 1 Abs: 1) [PASS]

History

DateChamberAction
2021-05-30HouseEnacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 415
2021-04-09HouseReturned Passed
2021-04-09SenateThird Reading Passed (47-0)
2021-04-08SenateSecond Reading Passed
2021-04-08SenateFavorable Adopted
2021-04-08SenateFavorable Report by Finance
2021-03-17SenateHearing 3/23 at 1:00 p.m. (Finance)
2021-03-11SenateReferred Finance Budget and Taxation
2021-03-10HouseThird Reading Passed (130-9)
2021-03-09HouseFavorable Adopted Second Reading Passed
2021-03-05HouseFavorable Report by Ways and Means
2021-02-09HouseHearing 2/26 at 1:30 p.m.
2021-02-08HouseFirst Reading Ways and Means

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Economic Development10473(n/a)See Bill Text
State Finance and Procurement6226(n/a)See Bill Text

Maryland State Sources


Bill Comments

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