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SB 763

Maryland Senate bill in Session 2026.

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

Maryland Technology Development Corporation - Maryland Growth Initiative - Established.

Bill ID MD-2026-SB-763
Session 2026
Status enacted
Committee Finance; Economic Matters; Appropriations
Senate enacted 2026-05-15
Business / Commerce Tax / Budget / Appropriations
Summary

Establishing the Maryland Growth Initiative in the Maryland Technology Development Corporation to support the growth of start-up companies; requiring the Initiative to create a certain list of companies in the State that are between certain growth phases according to a certain priority; establishing the Maryland Growth Initiative Fund to be administered by the Corporation as a special, nonlapsing fund; requiring the Governor to include in the annual budget an appropriation of $5,000,000 for the Initiative; etc.

Sponsor
Senator Guzzone
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-06 Introduced Bill introduced
2026-05-15 Status enacted
2026-05-15 Latest Action Approved by the Governor - Chapter 381
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