SB 763 — Maryland
Maryland Technology Development Corporation - Maryland Growth Initiative - Established
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.
Latest action: Approved by the Governor - Chapter 381 · May 12, 2026
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); Appropriations (House of Delegates)
Updated May 19, 2026
Timeline
First Reading Finance
Feb 6, 2026 · Senate
Hearing 3/05 at 1:00 p.m.
Feb 12, 2026 · Senate
Favorable with Amendments Report by Finance
Mar 16, 2026 · Senate
Favorable with Amendments {
Mar 17, 2026 · Senate
Second Reading Passed with Amendments
Mar 17, 2026 · Senate
Third Reading Passed
Mar 19, 2026 · Senate
Referred Economic Matters Appropriations
Mar 20, 2026 · House of Delegates
Hearing 4/01 at 1:00 p.m. (Economic Matters)
Mar 24, 2026 · House of Delegates
Favorable Report by Economic Matters
Apr 13, 2026 · House of Delegates
Favorable Adopted
Apr 13, 2026 · House of Delegates
Second Reading Passed
Apr 13, 2026 · House of Delegates
Third Reading Passed
Apr 13, 2026 · House of Delegates
Returned Passed
Apr 13, 2026 · Senate
Approved by the Governor - Chapter 381
May 12, 2026 · executive
Sponsored by Guy Guzzone
Senate vote — 45–0
On Third Reading · Mar 3, 2026 · result: pass
45 yea · 0 nay · 2 absent, excused, abstain or not voting
House of Delegates vote — 124–11
On Third Reading · Apr 2, 2026 · result: pass
124 yea · 11 nay · 6 absent, excused, abstain or not voting
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.