2023 Regular SessionMaryland Legislature

HB552: Economic Development - Build Our Future Grant Pilot Program and Fund (Innovation Economy Infrastructure Act of 2023)

Legislative Summary

Establishing the Build Our Future Grant Pilot Program in the Department of Commerce to provide funding for certain costs for infrastructure projects in eligible technology sectors; requiring certain grantees to provide matching funds and to demonstrate certain abilities; and requiring the Department to report to the Governor and the General Assembly on the projects funded through and the economic impact of the Program by July 1, 2026.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

2/2/2023
First Reading Ways and Means
House of Delegates
2/2/2023
Hearing 2/16 at 1:00 p.m.
House of Delegates
3/13/2023
Favorable with Amendments Report by Ways and Means
House of Delegates
3/14/2023
Favorable with Amendments {163326/1 Adopted
House of Delegates
3/14/2023
Second Reading Passed with Amendments
House of Delegates
3/15/2023
Third Reading Passed (128-10)
House of Delegates
3/16/2023
Referred Budget and Taxation
Senate
3/27/2023
Favorable Report by Budget and Taxation
Senate
3/28/2023
Favorable Adopted
Senate
3/28/2023
Second Reading Passed
Senate
3/31/2023
Third Reading Passed (43-3)
Senate
4/3/2023
Returned Passed
House of Delegates
5/8/2023
Approved by the Governor - Chapter 430
House of Delegates

Amendments

Favorable with Amendments 163326/1 Adopted

Favorable with Amendments 163326/1 Adopted

3/14/2023Adopted

Roll Call Votes

Third Reading Passed
3/31/2023
43
Yea
3
Nay
1
Not Voting
0
Absent
Result: PASSED
Third Reading Passed
3/15/2023
128
Yea
10
Nay
1
Not Voting
1
Absent
Result: PASSED

Status Information

Current Status
Passed(5/8/2023)
Chamber
House of Delegates
Sine DiePrior Session

Documents

Chaptered
Bill Text5/10/2023142.6 KB
Engrossed
Bill Text3/14/2023162.3 KB
Introduced
Bill Text2/2/2023132.3 KB
Vote Image
Vote Image1/1/197038.5 KB
Vote Image
Vote Image1/1/197030.4 KB