HB487Introduced in the House of Delegates
Maryland Technology Development Corporation - Investments - Alterations
Introduced by Jessica Feldmark, District 12
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
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.
Where it stands
Approved by the Governor - Chapter 380
May 12, 2026
How did lawmakers vote?
House of Delegates votes
1 recorded vote · each counted separately
Senate votes
1 recorded vote · each counted separately
SenateStage: Third Reading Passed · April 6, 2026
46
Yes
0
No
1
Absent or Not Voting
47 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Mike McKay | 1 | Yes |
| Paul Corderman | 2 | Yes |
| Karen Lewis Young | 3 | Yes |
| William Folden | 4 | Yes |
| Justin Ready | 5 | Yes |
| Johnny Salling | 6 | Yes |
| J.B. Jennings | 7 | Yes |
| Carl Jackson | 8 | Yes |
| Katie Hester | 9 | Yes |
| Benjamin Brooks | 10 | Yes |
Bill history
First Reading Economic Matters
Hearing 2/17 at 1:00 p.m.
Favorable Report by Economic Matters
Favorable Adopted Second Reading Passed
Third Reading Passed (134-1)
Referred Finance
Favorable Report by Finance
Favorable Adopted Second Reading Passed
Third Reading Passed (46-0)
Returned Passed
Approved by the Governor - Chapter 380
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