MD SB125 | 2023 | Regular Session


Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on March 20 2023 - 50% progression, died in committee
Action: 2023-03-20 - Hearing 3/30 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]


Establishing the Business Diversity Incubator Program and Fund in the Maryland Technology Development Corporation to provide grants to qualified incubators to establish diverse and effective business incubators; authorizing the Governor to include in the annual budget bill an appropriation of $1,000,000 for the Fund in fiscal year 2025; requiring the Corporation to submit an annual report to the General Assembly beginning December 31, 2024, on the number and amount of grants awarded and the names and locations of each grantee; etc.

Tracking Information

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Maryland Technology Development Corporation - Business Diversity Incubator Program and Fund - Establishment


Roll Calls

2023-03-20 - Senate - Third Reading Passed (Y: 43 N: 0 NV: 0 Abs: 4) [PASS]


2023-03-20HouseHearing 3/30 at 1:00 p.m.
2023-03-20HouseReferred Ways and Means
2023-03-20SenateThird Reading Passed (43-0)
2023-03-17SenateSecond Reading Passed with Amendments
2023-03-17SenateFavorable with Amendments {143627/1 Adopted
2023-03-17SenateFavorable with Amendments Report by Finance
2023-01-11SenateHearing 1/31 at 1:00 p.m.
2023-01-11SenateFirst Reading Finance


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Economic Development10401(n/a)See Bill Text
Economic Development10490(n/a)See Bill Text
Economic Development9101(n/a)See Bill Text

Maryland State Sources

Bill Comments