summary
Introduced
02/03/2023
02/03/2023
In Committee
04/06/2023
04/06/2023
Crossed Over
03/15/2023
03/15/2023
Passed
04/08/2023
04/08/2023
Dead
Signed/Enacted/Adopted
05/08/2023
05/08/2023
Introduced Session
2023 Regular Session
Bill Summary
AN ACT concerning Economic Development - Industry 4.0 Technology Grant Program FOR the purpose of establishing the Industry 4.0 Technology Grant Program in the Department of Commerce to provide grants to certain small and medium-sized manufacturing enterprises to assist those manufacturers with implementing new Industry 4.0 technology or related infrastructure for certain purposes; establishing the Industry 4.0 Technology Grant Fund as a special, nonlapsing fund; requiring the Governor to include in the annual budget bill a certain appropriation to the Fund in certain fiscal years; and generally relating to the Industry 4.0 Technology Grant Program for manufacturers. BY adding to Article - Economic Development Section 5-2301 through 5-2304 to be under the new subtitle “Subtitle 23. Industry 4.0 Technology Grant Program” Annotated Code of Maryland (2018 Replacement Volume and 2022 Supplement)
AI Summary
This bill establishes the Industry 4.0 Technology Grant Program in the Department of Commerce to provide grants to small and medium-sized manufacturing enterprises (SME manufacturers) to assist them in implementing new Industry 4.0 technology or related infrastructure. The program aims to increase productivity, efficiency, and competitiveness of these manufacturers in the state and national manufacturing environment. The bill creates the Industry 4.0 Technology Grant Fund as a special, non-lapsing fund, and requires the Governor to include an annual appropriation of $1 million to the fund for fiscal years 2025 through 2028. The Department of Commerce is authorized to enter into a memorandum of understanding with a state-chartered corporation to administer the program, and the Secretary is required to adopt regulations to carry out the provisions of the bill.
Committee Categories
Budget and Finance
Sponsors (6)
Last Action
Approved by the Governor - Chapter 498 (on 05/08/2023)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0622?ys=2023RS |
| BillText | https://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_498_hb0622t.pdf |
| Vote Image | https://mgaleg.maryland.gov/2023RS/votes_comm/hb0622_fin.pdf |
| Vote Image | https://mgaleg.maryland.gov/2023RS/votes_comm/hb0622_b&t.pdf |
| BillText | https://mgaleg.maryland.gov/2023RS/bills/hb/hb0622t.pdf |
| Favorable with Amendments 343025/1 Adopted | https://mgaleg.maryland.gov/2023RS/amds/bil_0002/hb0622_34302501.pdf |
| Vote Image | https://mgaleg.maryland.gov/2023RS/votes_comm/hb0622_w&m.pdf |
| BillText | https://mgaleg.maryland.gov/2023RS/bills/hb/hb0622f.pdf |
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