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HB 1211

Enacted
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Economic Development – Maryland Technology Development Corporation – Pre–Seed Builder Fund

Sponsor: Delegate Barnes, D.Committee: Ways and MeansSubject: Economic and Community DevelopmentStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 415 (as of Dec 1, 2021)

What this bill does

Official synopsis

Establishing the Pre-Seed Builder Fund in the Maryland Technology Development Corporation as a special, nonlapsing fund to support the development of start-up companies run by entrepreneurs from socially or economically disadvantaged backgrounds that hinder access to traditional forms of capital and executive networks at the pre-seed stage; requiring the Governor to include in the annual budget bill a certain appropriation to the Fund; providing for the investment of money in the Fund; etc.

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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (16)

MGA witness list
FAV 14FavorableFWA 1Favorable with amendmentsINFO 1Information only
PositionWitnessOrganizationTestimony
FAVFry, DonaldGreater Baltimore CommitteeWritten (PDF)
FAVFry, DonaldGreater Baltimore CommitteeWritten (PDF)
FAVBrinkley, JamesIPGen, Inc.Oral
FAVScott, SamanthaJuneBrain Inc.Oral
FAVBarnes, DarryllobbyistLegislative of Black Caucus of MDWritten (PDF)
FAVKasemeyer, PamSchwartz, Metz & Wise, P.A.Written (PDF)
FAVKasemeyer, PamSchwartz, Metz & Wise, P.A.Written (PDF)
FAVWilkerson, AlicelobbyistStrong Future MarylandWritten (PDF)
FAVLeMaile-Stovall, TroyTEDCOOral + Written (PDF)
FAVBarnes, DarryllobbyistIndividualWritten (PDF)
FAVDelegate Barnes, D., Delegate Barnes, D.legislatorIndividualOral
FAVDelegate Barnes, D., Delegate Barnes, D.legislatorIndividualOral
FAVMoore, WesIndividualOral
FAVSpeigner, TerryIndividualOral
FWASingleton, AngelaIndividualOral + Written (PDF)
INFOWilkins, BarbaraIndividualWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVBarnes, DarrylLegislative of Black Caucus of MDRegistered for: Prince George's County Council; Apex Petroleum Corporation
FAVWilkerson, AliceStrong Future MarylandRegistered for: Advance Maryland
FAVBarnes, DarrylRegistered for: Prince George's County Council; Apex Petroleum Corporation