MD SB699 | 2023 | Regular Session


Completed Legislative Action
Spectrum: Partisan Bill (Democrat 9-0)
Status: Passed on May 8 2023 - 100% progression
Action: 2023-05-08 - Approved by the Governor - Chapter 461
Text: Latest bill text (Chaptered) [PDF]


Establishing the Equitech Growth Fund in the Maryland Technology Development Corporation to support the economic competitiveness and inclusive growth of emerging and advanced industries in the State through the creation of supporting infrastructure assets, resources, and a diverse workforce that builds the strengths of the State's economy; establishing the Equitech Growth Commission; requiring the Governor in each of fiscal years 2025 through 2033 to include $5,000,000 in the annual budget bill for awards from the Fund; etc.

Tracking Information

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Maryland Technology Development Corporation - Equitech Growth Fund and Commission


Roll Calls

2023-04-05 - House - Third Reading Passed (Y: 119 N: 16 NV: 3 Abs: 2) [PASS]
2023-03-20 - Senate - Third Reading Passed (Y: 39 N: 7 NV: 0 Abs: 1) [PASS]


2023-05-08SenateApproved by the Governor - Chapter 461
2023-04-06SenateReturned Passed
2023-04-05HouseThird Reading Passed (119-16)
2023-04-04HouseFavorable Adopted Second Reading Passed
2023-04-04HouseFavorable Report by Ways and Means
2023-03-21HouseHearing 3/30 at 1:00 p.m. (Ways and Means)
2023-03-21HouseReferred Ways and Means Appropriations
2023-03-20SenateThird Reading Passed (39-7)
2023-03-20SenateSecond Reading Passed with Amendments
2023-03-20SenateFavorable with Amendments {553926/1 Adopted
2023-03-20SenateFavorable with Amendments Report by Finance
2023-02-08SenateHearing 3/07 at 1:00 p.m. (Finance)
2023-02-06SenateFirst Reading Finance and Budget and Taxation

Same As/Similar To

HB781 (Crossfiled) 2023-05-08 - Approved by the Governor - Chapter 462


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Economic Development10488(n/a)See Bill Text
State Finance and Procurement6226(n/a)See Bill Text

Maryland State Sources

Bill Comments