SB32: Economic Development - Maryland Agricultural and Resource-Based Industry Development Corporation - Loans

Legislative Summary

Altering a certain loan program to authorize the Maryland Agricultural and Resource-Based Industry Development Corporation to provide loans not exceeding $10,000 for each seasonal full-time job; expanding eligibility for the Maryland Watermen's Microloan Program within the Corporation to include, starting July 1, 2025, individuals who are residents of the State and hold a commercial fishing license to catch finfish, crabs, clams, or oysters issued by the Potomac River Fisheries Commission; etc.