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Bill > HB514
MD HB514
MD HB514Maryland Small Business Innovation Research and Technology Transfer Incentive Program
summary
Introduced
01/27/2020
01/27/2020
In Committee
03/17/2020
03/17/2020
Crossed Over
03/12/2020
03/12/2020
Passed
03/18/2020
03/18/2020
Dead
Vetoed
05/07/2020
05/07/2020
Introduced Session
2020 Regular Session
Bill Summary
Establishing the Maryland Small Business Innovation Research and Technology Transfer Incentive Program to foster job creation and economic development in the State by promoting commercialization of research, facilitating technology transfer, and encouraging small business participation; requiring the Maryland Technology Development Corporation to administer the Program; establishing qualifications for participation in the Program; authorizing the Program to provide certain competitive awards and investments to certain businesses; etc.
AI Summary
This bill establishes the Maryland Small Business Innovation Research and Technology Transfer Incentive Program to foster job creation and economic development in the state by promoting commercialization of research, facilitating technology transfer, and encouraging small business participation. The program is administered by the Maryland Technology Development Corporation and provides competitive awards and investments to eligible small businesses that have received federal Small Business Innovation Research or Small Business Technology Transfer grants. The bill also creates the Maryland Small Business Innovation Research and Technology Transfer Incentive Matching Fund to provide these awards and investments, with the fund consisting of state appropriations, repayments, and other sources.
Committee Categories
Budget and Finance
Sponsors (36)
Lily Qi (D)*,
Gabriel Acevero (D),
Ben Barnes (D),
Joseph Boteler (R),
Regina Boyce (D),
Chanel Branch (D),
Jason Buckel (R),
Alice Cain (D),
Charlotte Crutchfield (D),
Kathleen Dumais (D),
Eric Ebersole (D),
Jessica Feldmark (D),
David Fraser-Hidalgo (D),
Michele Guyton (D),
Wayne Hartman (R),
Shelly Hettleman (D),
Kevin Hornberger (R),
Julian Ivey (D),
Anne Kaiser (D),
Robbyn Lewis (D),
Brooke Lierman (D),
Mary Ann Lisanti (D),
Bob Long (R),
Eric Luedtke (D),
Susan McComas (R),
Nick Mosby (D),
Julie Palakovich Carr (D),
Edith Patterson (D),
April Rose (R),
Haven Shoemaker (R),
Stephanie Smith (D),
Jared Solomon (D),
Kris Valderrama (D),
Jay Walker (D),
Alonzo Washington (D),
Jheanelle Wilkins (D),
Last Action
Vetoed by the Governor (Policy) (on 05/07/2020)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0514?ys=2020RS |
| Vote Image | http://mgaleg.maryland.gov/2020RS/votes_comm/hb0514_fin.pdf |
| Favorable with Amendments 735967/1 Adopted | http://mgaleg.maryland.gov//2020RS/amds/bil_0004/hb0514_73596701.pdf |
| BillText | http://mgaleg.maryland.gov/2020RS/bills/hb/hb0514t.pdf |
| BillText | http://mgaleg.maryland.gov/2020RS/bills/hb/hb0514f.pdf |
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