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HB 1596

Did not advanceCrossfile SB 763
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Maryland Technology Development Corporation - Maryland Growth Initiative - Established

Sponsor: Lily Qi (District 15)Committee: Economic MattersSubject: Economic DevelopmentStatus: Rereferred to Economic Matters and Appropriations (as of Sep 4, 2026)

What this bill does

Official synopsis

Establishing the Maryland Growth Initiative in the Maryland Technology Development Corporation to support the growth of start-up companies; requiring the Initiative to create a certain list of companies in the State that are between certain growth phases according to a certain priority; establishing the Maryland Growth Initiative Fund to be administered by the Corporation as a special, nonlapsing fund; requiring the Governor to include in the annual budget an appropriation of $5,000,000 for the Initiative; etc.

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Testimony (0)

MGA witness list
No witness list on file because no hearing has been scheduled.