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Maryland General Assembly · SB0763 · Approved by the Governor - Chapter 381 (Chapter 381)

Maryland Technology Development Corporation - Maryland Growth Initiative - Established

Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.

Officially: “Maryland Technology Development Corporation - Maryland Growth Initiative - Established Read the full text

2026 session

What it does

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
From the official legislative record, shown verbatim. Not legal advice.

Where it is

First reading, house of origin · Feb 5, 2026
Hearing · Mar 5, 2026
Committee report, house of origin: Favorable with Amendments · Mar 15, 2026
Second reading, house of origin: Passed with Amendments · Feb 28, 2026
Third reading, house of origin: Passed · Mar 2, 2026
First reading, opposite house · Mar 6, 2026
Committee report, opposite house: Favorable · Apr 12, 2026
Second reading, opposite house: Passed · Mar 29, 2026
Third reading, opposite house: Passed · Apr 1, 2026

The numbers

1
sponsor on the bill

Sponsors

Senator Guzzone
Every fact on this page links to its source, starting with the official bill record. Last action: Approved by the Governor - Chapter 381 (as of Aug 30, 2026).