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HB 471

EnactedCrossfile SB 333
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Economic Development – Regional Institution Strategic Enterprise Zone Program – Alterations and Financing

Sponsor: Delegate AttarCommittee: Ways and MeansSubject: Economic DevelopmentStatus: Approved by the Governor - Chapter 522 (as of Nov 9, 2023)

What this bill does

Official synopsis

Altering the period of time that an area may be designated as a Regional Institution Strategic Enterprise (RISE) zone from 5 to 10 years; increasing the number of RISE zones that the Secretary of Commerce may approve in Baltimore City to not more than four; extending the termination date of the RISE Program to January 1, 2030; and authorizing a political subdivision to pledge certain revenues to secure the payment of obligations to the Maryland Economic Development Corporation for infrastructure improvements located in a RISE zone.

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Testimony (10)

MGA witness list
FAV 10Favorable
PositionWitnessOrganizationTestimony
FAVJenkins, Dr. AnthonyCoppin State UniversityWritten (PDF)
FAVWhelley, MicheleM.L. Whelley Consulting, LLCOral
FAVSadowski, J. ThomasMEDCOOral + Written (PDF)
FAVButchko, DominicMaryland Association of Counties (MACo)Written (PDF)
FAVMorris, MaryUniv of MD BaltimoreOral
FAVHogan, PatricklobbyistUniversity System of MarylandWritten (PDF)
FAVHughes, JimUniversity of Maryland, BaltimoreWritten (PDF)
FAVDelegate Attar, Delegate AttarlegislatorIndividualOral
FAVJones, JuliannalobbyistIndividualOral + Written (PDF)
FAVVetter, DrewIndividualOral + Written (PDF)

Organizations on record

Registered lobbyists who testified

FAVHogan, PatrickUniversity System of MarylandRegistered for: ALS Association, The; Adobe Inc.; Amgen, Inc.; Annie E. Casey Foundation, Inc., The; AstraZeneca Pharmaceuticals, LP; Capital One
FAVJones, JuliannaRegistered for: Carrington & Associates, LLC; JMJ & Associates llc; Lins Kids Child Care