SB 427

Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act

Sponsor: PresidentCommittee: Budget and TaxationSubject: Economic DevelopmentStatus: Rereferred to Ways and Means and Appropriations (as of Dec 1, 2025)

What this bill does

Official synopsis

Altering the designation, administration, and purposes of and eligibility for certain economic development programs; redesignating the Maryland Economic Development Assistance Authority to be the Maryland Economic Competitiveness Fund; repealing the Maryland Small Business Development Financing Authority and certain related Funds; making the film production activity tax credit transferable; authorizing a qualified film production entity to amend its application for the tax credit under certain circumstances; 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 (0)

MGA witness list

FAV 39FavorableFWA 5Favorable with amendmentsINFO 3Information only

Position	Witness	Organization	Testimony
FAV	Meritt, Brian	BSM Consulting, LLC	Written (PDF)
FAV	Kontz Carr, Amanda	Baltimore County Administration	Position only
FAV	Gardner, William	BioInnovatise	Position only
FAV	January, Briannalobbyist	Chamber of Progress	Written (PDF)
FAV	Carolan, Howard	CoapTech	Written (PDF)
FAV	Wilson Randall, Claudia	Community Development Network of Maryland	Written (PDF)
FAV	Cornish, Tasha	Cybersecurity Association of Maryland, Inc.	Oral + Written (PDF)
FAV	Hemingway, Deborah	Ecphora Capital	Oral + Written (PDF)
FAV	Riismandel, Chris	Epoch, Inc	Oral
FAV	Dowling, Matthew	Gelectric Medical	Written (PDF)
FAV	Thomas, Mark Anthonylobbyist	Greater Baltimore Committee	Oral
FAV	Kravitz, Talya	Greater Washington Partnership	Written (PDF)
FAV	Clay, Orin	JBOR GROUP, LLC	Written (PDF)
FAV	Scott, Samantha	JuneBrain Inc.	Written (PDF)
FAV	Jabin, Drew	Maryland Association of Community Colleges	Written (PDF)
FAV	Schumitz, Kalilobbyist	Maryland Center on Economic Policy	Written (PDF)
FAV	Coker, Harry	Maryland Department of Commerce	Oral + Written (PDF)
FAV	Bogdan, Henrylobbyist	Maryland Nonprofits	Written (PDF)
FAV	Schulz, Kelly	Maryland Tech Council	Oral
FAV	Hennessie, Bradley	NextStep Robotics INC.	Written (PDF)
FAV	Tomaszewski, Jamie	Office of State Procurement	Oral + Written (PDF)
FAV	Atencia, Javier	Pathotrak inc	Written (PDF)
FAV	Fallon, Brad	Secretary of Labor	Oral + Written (PDF)
FAV	Winder, Jason	Sonogen Medical, Inc.	Written (PDF)
FAV	Davis, Neil	TCP Venture Capital	Written (PDF)
FAV	LeMaile-Stovall, Troy	TEDCO	Oral
FAV	Lehman, Mindy	TEDCO	Written (PDF)
FAV	Sachdeva, Ashutosh	University of Maryland School of Medicine	Written (PDF)
FAV	Hughes, Senior VP Jim	University of Maryland, Baltimore	Oral
FAV	Kaplowitz, Richard KAP	Year	Written (PDF)
FAV	Carrington, rhonda	sb876	Oral
FAV	Brown, Chris	Individual	Written (PDF)
FAV	Clark, Andy	Individual	Written (PDF)
FAV	Hopkins, Sam	Individual	Oral + Written (PDF)
FAV	Morrow, Beth	Individual	Written (PDF)
FAV	President, President	Individual	Oral
FAV	Renz, Lauren	Individual	Written (PDF)
FAV	Saragnese, Daniel	Individual	Written (PDF)
FAV	Vetter, Drew	Individual	Written (PDF)
FWA	Kinnally, Kevin	Maryland Association of Counties (MACo)	Oral + Written (PDF)
FWA	Hough, Tylerlobbyist	Maryland Farm Bureau	Written (PDF)
FWA	Fiore, Justin	Maryland Municipal League	Written (PDF)
FWA	Tinelli, Heather	QAC Economic Development	Written (PDF)
FWA	Jarrell, Stephanie	Queen Anne's County Commissioners	Written (PDF)
INFO	Tinelli, Heather	Maryland Counties Economic Development Partnership	Written (PDF)
INFO	Mason, Michaellobbyist	Providence Strategies LLC	Written (PDF)
INFO	Libber, Matt	Individual	Written (PDF)

Organizations on record

Baltimore County AdministrationFAV 1

BioInnovatiseFAV 1

BSM Consulting, LLCFAV 1

Chamber of ProgressFAV 1

CoapTechFAV 1

Community Development Network of MarylandFAV 1

Cybersecurity Association of Maryland, Inc.FAV 1

Ecphora CapitalFAV 1

Epoch, IncFAV 1

Gelectric MedicalFAV 1

Greater Baltimore CommitteeFAV 1

Greater Washington PartnershipFAV 1

JBOR GROUP, LLCFAV 1

JuneBrain Inc.FAV 1

Maryland Association of Community CollegesFAV 1

Maryland Association of Counties (MACo)FWA 1

Maryland Center on Economic PolicyFAV 1

Maryland Counties Economic Development PartnershipINFO 1

Maryland Department of CommerceFAV 1

Maryland Farm BureauFWA 1

Maryland Municipal LeagueFWA 1

Maryland NonprofitsFAV 1

Maryland Tech CouncilFAV 1

NextStep Robotics INC.FAV 1

Office of State ProcurementFAV 1

Pathotrak incFAV 1

Providence Strategies LLCINFO 1

QAC Economic DevelopmentFWA 1

Queen Anne's County CommissionersFWA 1

sb876FAV 1

Secretary of LaborFAV 1

Sonogen Medical, Inc.FAV 1

TCP Venture CapitalFAV 1

TEDCOFAV 2

University of Maryland School of MedicineFAV 1

University of Maryland, BaltimoreFAV 1

YearFAV 1

Registered lobbyists who testified

FAVJanuary, BriannaChamber of ProgressRegistered for: Chamber of Progress

FAVThomas, Mark AnthonyGreater Baltimore CommitteeRegistered for: Greater Baltimore Committee

FAVSchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy

FAVBogdan, HenryMaryland NonprofitsRegistered for: Maryland Nonprofits

FWAHough, TylerMaryland Farm BureauRegistered for: Maryland Farm Bureau

INFOMason, MichaelProvidence Strategies LLCRegistered for: AIA Maryland; American Council of Engineering Companies/MD; Annapolis Maritime Museum & Park; Association of Independent Maryland and D.C. Schools; Experience Prince George's; Kaiser Permanente…