Maryland Senate Bill 248: Maryland Technology Development Corporation - Investments - Alterations

Maryland · 2026 Regular Session

What it does

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 (2026-04-08)

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