CivicKnodeCivicKnowA project of CivicKnode
Sign in

SB 699

EnactedCrossfile HB 781
Add to calendar

Maryland Technology Development Corporation - Equitech Growth Fund and Commission

Sponsor: Malcolm Augustine (District 47)Committee: FinanceSubject: Economic DevelopmentStatus: Approved by the Governor - Chapter 461 (as of Nov 9, 2023)

What this bill does

Official synopsis

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.

AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.

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 (42)

MGA witness list
FAV 23FavorableFWA 2Favorable with amendmentsUNF 16UnfavorableINFO 1Information only
PositionWitnessOrganizationTestimony
FAVQuinn, JohnlobbyistBGEWritten (PDF)
FAVDavis, LesterCareFirst, Inc.Oral + Written (PDF)
FAVCornish, TashaCybersecurity Association of Maryland, Inc.Written (PDF)
FAVSchreiber, BretFulton BankOral + Written (PDF)
FAVWyskiel, ChristyJohns Hopkins UniversityOral + Written (PDF)
FAVSadowski, J. ThomasMEDCOOral + Written (PDF)
FAVKinnally, KevinMaryland Association of Counties (MACo)Written (PDF)
FAVJabin, DrewMaryland Bankers AssociationOral + Written (PDF)
FAVPower, MattMaryland Independent College and University AssociationWritten (PDF)
FAVDodge, GrahamMid-Atlantic Gigabit Innovation Collaboratory (MAGIC)Written (PDF)
FAVLevine, BrianlobbyistMontgomery County Chamber of CommerceWritten (PDF)
FAVLevine, BrianlobbyistMontgomery County Chamber of CommerceWritten (PDF)
FAVFirstenberg, DouglasStonebridgeWritten (PDF)
FAVLeMaile-Stovall, TroyTEDCOWritten (PDF)
FAVLeMaile-Stovall, TroyTEDCOOral + Written (PDF)
FAVNorton, MyraTEDCOWritten (PDF)
FAVWhite, DavidTEDCOOral + Written (PDF)
FAVMcDonald, JamieUpSurge BaltimoreWritten (PDF)
FAVSomerville, EricVenture For AmericaWritten (PDF)
FAVBardack, PaulIndividualWritten (PDF)
FAVPhillips, BradlobbyistIndividualOral + Written (PDF)
FAVSenator Augustine, Senator AugustinelegislatorIndividualOral
FAVSenator Augustine, Senator AugustinelegislatorIndividualOral
UNFDuffy, SuzanneConcerned CitizenPosition only
UNFDiefenbach, KlausIndividualPosition only
UNFDiefenbach, LindaIndividualPosition only
UNFD’Orazio , DanielaIndividualPosition only
UNFElbourn, JamesIndividualPosition only
UNFHunt, ChristineIndividualWritten (PDF)
UNFKatz, JanetIndividualPosition only
UNFKolakoski, VirginiaIndividualPosition only
UNFLang, AlanIndividualPosition only
UNFLang, KevinIndividualPosition only
UNFLee, MickeyIndividualPosition only
UNFMANOHAR, KRISHNAIndividualPosition only
UNFPedersen, StacyIndividualPosition only
UNFSirkel, RobinIndividualPosition only
UNFWilliams, PeggyIndividualPosition only
UNFsirkel, jessIndividualPosition only
FWAKinnally, KevinMaryland Association of Counties (MACo)Written (PDF)
FWASchulz, KellyMaryland Tech CouncilOral + Written (PDF)
INFOGrady, HeleneDepartment of Budget and ManagementWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVQuinn, JohnBGERegistered for: Baltimore Gas and Electric Company
FAVLevine, BrianMontgomery County Chamber of CommerceRegistered for: Montgomery County Chamber of Commerce
FAVLevine, BrianMontgomery County Chamber of CommerceRegistered for: Montgomery County Chamber of Commerce
FAVPhillips, BradRegistered for: Maryland Association of Community Colleges