MD SB549 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 22-6)
Status: Passed on May 8 2023 - 100% progression
Action: 2023-05-08 - Approved by the Governor - Chapter 431
Text: Latest bill text (Chaptered) [PDF]

Summary

Establishing the Build Our Future Grant Pilot Program in the Department of Commerce to provide funding for certain costs for infrastructure projects in eligible technology sectors; requiring certain grantees to provide matching funds and to demonstrate certain abilities; establishing the Build Our Future Grant Fund as a special, nonlapsing fund; and requiring the Department to report to the Governor and the General Assembly on the projects funded through and the economic impact of the Program on or before July 1, 2026.

Tracking Information

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Title

Economic Development – Build Our Future Grant Pilot Program and Fund (Innovation Economy Infrastructure Act of 2023)

Sponsors


Roll Calls

2023-04-03 - House - Third Reading Passed (Y: 124 N: 13 NV: 1 Abs: 2) [PASS]
2023-03-20 - Senate - Third Reading Passed (Y: 41 N: 5 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2023-05-08SenateApproved by the Governor - Chapter 431
2023-04-03SenateReturned Passed
2023-04-03HouseThird Reading Passed (124-13)
2023-03-31HouseFavorable Adopted Second Reading Passed
2023-03-31HouseFavorable Report by Ways and Means
2023-03-21HouseHearing 3/30 at 1:00 p.m.
2023-03-21HouseReferred Ways and Means
2023-03-20SenateThird Reading Passed (41-5)
2023-03-20SenateSecond Reading Passed with Amendments
2023-03-20SenateFavorable with Amendments {393522/1 Adopted
2023-03-20SenateFavorable with Amendments Report by Budget and Taxation
2023-02-07SenateHearing 3/01 at 1:00 p.m.
2023-02-06SenateFirst Reading Budget and Taxation

Same As/Similar To

HB552 (Crossfiled) 2023-05-08 - Approved by the Governor - Chapter 430

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Economic Development5102(n/a)See Bill Text
Economic Development52301(n/a)See Bill Text
Economic Development52302(n/a)See Bill Text
Economic Development52303(n/a)See Bill Text
Economic Development52304(n/a)See Bill Text
Economic Development52305(n/a)See Bill Text
Economic Development52306(n/a)See Bill Text
Economic Development52307(n/a)See Bill Text
State Finance and Procurement6226(n/a)See Bill Text

Maryland State Sources


Bill Comments

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