DISSINTER

SB 248 — Maryland

Maryland Technology Development Corporation - Investments - Alterations

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.

Latest action: Favorable Adopted Second Reading Passed · Apr 8, 2026

Passed one chamberCommerce and BusinessCommittees and CommissionsCorporationsEconomic DevelopmentEvaluations and ReviewsInvestmentsPublic Corporations and InstrumentalitiesRules and RegulationsTechnology

Synopsis written by the legislature's own staff, as published on the official bill page. Status label is derived from the recorded actions. The full text below is the record.

Committees: Finance (Senate); Economic Matters (House of Delegates)

Updated Apr 8, 2026

Timeline

  1. First Reading Finance

    Jan 16, 2026 · Senate

  2. Hearing 1/29 at 3:00 p.m.

    Jan 20, 2026 · Senate

  3. Favorable Report by Finance

    Feb 9, 2026 · Senate

  4. Favorable Adopted

    Feb 10, 2026 · Senate

  5. Second Reading Passed

    Feb 10, 2026 · Senate

  6. Third Reading Passed

    Feb 12, 2026 · Senate

  7. Referred Economic Matters

    Feb 13, 2026 · House of Delegates

  8. Favorable Report by Economic Matters

    Apr 8, 2026 · House of Delegates

  9. Favorable Adopted Second Reading Passed

    Apr 8, 2026 · House of Delegates

Sponsored by Pam Beidle

Senate vote — 44–0

On Third Reading · Feb 9, 2026 · result: pass

44 yea · 0 nay · 3 absent, excused, abstain or not voting

Arthur EllisDistrict 28YeaSteve HersheyDistrict 36YeaClarence LamDistrict 12YeaWill SmithDistrict 20YeaDalya AttarDistrict 41YeaBrian FeldmanDistrict 15YeaKatie HesterDistrict 9YeaKaren YoungDistrict 3YeaCharles SydnorDistrict 44YeaMalcolm AugustineDistrict 47YeaBill FoldenDistrict 4YeaShelly HettlemanDistrict 11YeaSara LoveDistrict 16YeaJeff WaldstreicherDistrict 18YeaJack BaileyDistrict 29YeaJason GallionDistrict 35YeaCarl JacksonDistrict 8YeaJohnny MautzDistrict 37YeaAlonzo WashingtonDistrict 22YeaPam BeidleDistrict 32YeaDawn GileDistrict 33YeaMary-Dulany JamesDistrict 34YeaMike McKayDistrict 1YeaMary WashingtonDistrict 43YeaBen BrooksDistrict 10YeaGuy GuzzoneDistrict 13YeaJ.B. JenningsDistrict 7YeaJustin ReadyDistrict 5YeaRon WatsonDistrict 23YeaMary Beth CarozzaDistrict 38YeaKevin HarrisDistrict 27YeaCheryl KaganDistrict 17YeaJim RosapepeDistrict 21YeaChris WestDistrict 42YeaNick CharlesDistrict 25YeaAntonio HayesDistrict 40YeaNancy KingDistrict 39YeaJohnny SallingDistrict 6YeaCraig ZuckerDistrict 14YeaPaul CordermanDistrict 2YeaShaneka HensonDistrict 30YeaBen KramerDistrict 19YeaBryan SimonaireDistrict 31YeaAnthony MuseDistrict 26Not votingJoanne BensonDistrict 24AbsentCory McCrayDistrict 45Absent
Mr. Presidentas recorded — not linked to a profileYea
Official record — Maryland General Assembly roll call
Fiscal and Policy Note — official analysis by legislative staff (PDF) Bill text (First reading) — Maryland General Assembly (PDF) Bill text (Third reading) — Maryland General Assembly (PDF) Official record — Maryland General Assembly bill page

Official records. Maryland legislators, bills and roll-call votes from the Maryland General Assembly, imported through Open States on Oct 27, 2026 (partial import — not yet the full session). Accuracy review against the official site is still under way. Campaign-finance records for Maryland are not imported yet.