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SB 248

Did not advanceCrossfile HB 487
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Maryland Technology Development Corporation - Investments - Alterations

Sponsor: Pamela Beidle (District 32)Committee: FinanceSubject: Economic DevelopmentStatus: Second Reading Passed (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 4Favorable
PositionWitnessOrganizationTestimony
FAVLeMaile-Stovall, TroyTEDCOOral + Written (PDF)
FAVBeidle, PamelaIndividualWritten (PDF)
FAVSenator Beidle, Senator BeidlelegislatorIndividualOral
FAVVetter, DrewIndividualWritten (PDF)

Organizations on record

TEDCOFAV 1