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HB 487

Maryland House of Delegates bill in Session 2026.

Status: enacted. Latest action: June 15, 2026.

Maryland Technology Development Corporation - Investments - Alterations.

Bill ID MD-2026-HB-487
Session 2026
Status enacted
Committee Economic Matters; Finance
House of Delegates enacted 2026-06-15
Business / Commerce
Summary

Requiring the Maryland Technology Development Corporation to adopt certain regulations regarding the consideration of remedies for investments in certain businesses that no longer meet the definition of a qualified business for purposes of provisions of law governing the Corporation; authorizing, rather than requiring, the Corporation to divest itself of an interest under certain circumstances; and authorizing the Corporation to pursue certain other remedies under those circumstances.

Sponsor
Delegate Feldmark
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-23 Introduced Bill introduced
2026-06-15 Status enacted
2026-06-15 Latest Action Approved by the Governor - Chapter 380
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