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SB763Introduced in the Senate

Maryland Technology Development Corporation - Maryland Growth Initiative - Established

Passed

Introduced by Guy Guzzone, District 13

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

Approved by the Governor - Chapter 381

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

House of DelegatesStage: Third Reading Passed · April 13, 2026

124

Yes

11

No

6

Absent or Not Voting

141 delegates recorded in this House of Delegates vote. Colors show vote categories only, not whether a vote was good or bad.

See how each delegate voted

Bill history

  1. First Reading Finance

  2. Hearing 3/05 at 1:00 p.m.

  3. Favorable with Amendments Report by Finance

  4. Favorable with Amendments {613322/1 Adopted

  5. Second Reading Passed with Amendments

  6. Third Reading Passed (45-0)

  7. Referred Economic Matters Appropriations

  8. Hearing 4/01 at 1:00 p.m. (Economic Matters)

  9. Favorable Report by Economic Matters

  10. Favorable Adopted

  11. Second Reading Passed

  12. Third Reading Passed (124-11)

  13. Returned Passed

  14. Approved by the Governor - Chapter 381

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