SB248Introduced in the Senate
Maryland Technology Development Corporation - Investments - Alterations
Introduced by Pamela Beidle, District 32
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
Favorable Adopted Second Reading Passed
April 8, 2026
How did lawmakers vote?
SenateStage: Third Reading Passed · February 12, 2026
44
Yes
0
No
3
Absent or Not Voting
47 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
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 Finance
Hearing 1/29 at 3:00 p.m.
Favorable Report by Finance
Favorable Adopted
Second Reading Passed
Third Reading Passed (44-0)
Referred Economic Matters
Favorable Report by Economic Matters
Favorable Adopted Second Reading Passed
Verify the information
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