HB1596Introduced in the House of Delegates
Maryland Technology Development Corporation - Maryland Growth Initiative - Established
Introduced by Lily Qi, District 15
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
Rereferred to Economic Matters and Appropriations
March 16, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
First Reading House Rules and Executive Nominations
Rereferred to Economic Matters and Appropriations
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