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HB 648

Did not advanceCrossfile SB 377
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Economic Development - Business Resource Initiative for Developmental Growth and Empowerment (BRIDGE) Program - Establishment

Sponsor: Melissa Wells (District 40)Committee: Ways and MeansSubject: Economic DevelopmentStatus: Hearing 2/20 at 1:00 p.m. (as of Dec 1, 2025)

What this bill does

Official synopsis

Establishing the Business Resource Initiative for Developmental Growth and Empowerment Program and Fund in the Department of Commerce to provide grants to certain business entities to establish certain business incubators; prohibiting the grants awarded under the Program from being used to support more than 25% of the operating expenses of a qualified incubator, except in the first year of a grant; requiring the Department to give priority for grants to incubators managed by socially or economically disadvantaged persons; etc.

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Testimony (0)

MGA witness list
FAV 9FavorableFWA 1Favorable with amendments

Organizations on record

Registered lobbyists who testified

FAVRichards, EvanMaryland Bankers AssociationRegistered for: Maryland Bankers Association