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HB 487

EnactedCrossfile SB 248
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Maryland Technology Development Corporation - Investments - Alterations

Sponsor: Jessica Feldmark (District 12A)Committee: Economic MattersSubject: Economic DevelopmentStatus: Approved by the Governor - Chapter 380 (as of Sep 4, 2026)

What this bill does

Official synopsis

Requiring the Maryland Technology Development Corporation to adopt certain regulations regarding the consideration of remedies for investments in certain businesses that no longer meet the definition of a qualified business for purposes of provisions of law governing the Corporation; authorizing, rather than requiring, the Corporation to divest itself of an interest under certain circumstances; and authorizing the Corporation to pursue certain other remedies under those circumstances.

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Testimony (4)

MGA witness list
FAV 3FavorableUNF 1Unfavorable
PositionWitnessOrganizationTestimony
FAVLeMaile-Stovall, TroyTEDCOOral + Written (PDF)
FAVDelegate Feldmark, Delegate FeldmarklegislatorIndividualOral
FAVVetter, DrewIndividualWritten (PDF)
UNFPrice, SuzanneConcerned CitizenPosition only

Organizations on record