HB 1473 Maryland House of Delegates · 2026 Regular Session

Economic Development - Maryland's Future Board - Establishment

HB 1473 establishes the Maryland’s Future Board within the Department of Commerce to develop, evaluate, and revise a visionary economic plan for Maryland by a set deadline. The bill also creates the Maryland’s Future Fund, a nonlapsing special fund where interest earnings are automatically credited back to the fund. The board - appointed by the Governor, Senate President, and House Speaker - must include diverse members representing entrepreneurs, academia, labor, business, and other sectors. The board will recommend specific projects based on its plan to the Governor and General Assembly, focusing on statewide economic growth, equity, and future trends like AI and advanced manufacturing. This bill directly affects state economic planning and funding mechanisms under the Department of Commerce.
Tags: Economic Development
Bill status signed all 5 stages cleared
Introduction
Feb 2026
Committee Review
Apr 2026
House of Delegates Passage
Apr 2026
Senate Passage
Apr 2026
Signed into Law
May 2026
Introduced Feb 13, 2026 Signed May 12, 2026
Maddy AI version diff · 2 comparisons

What changed between versions

Third - Economic Development - Maryland's Future Board - Establishment Enrolled - Economic Development - Maryland's Future Board - Establishment · 4 edits · May 12, 2026
MODERATE
The bill was finalized as an enrolled version, updating the legislative history and correcting the effective date of the Annotated Code of Maryland references from 2021 to 2024. The substantive policy content regarding the Maryland's Future Board and Fund remains largely unchanged, though the text was reorganized to align with the enrolled format.
Scope change
The bill's scope and applicability remain unchanged; the modifications are primarily technical corrections to legal citations and formatting adjustments required for the final enrolled version.
TECHNICAL

Updated the Annotated Code of Maryland replacement volume reference from 2021 to 2024 in the header and section citations.

Reorganized the bill text structure to match the enrolled format, including the addition of proofreader signatures and the Governor's approval block.

Reordered the list of repealed and reenacted sections to group them logically before the preamble and substantive sections.

Adjusted the numbering and layout of the Preamble and Section 1 to reflect the final enrolled version, ensuring consistency with the bill's history.

Floor votes · Senate Mar 20, 2026 · House of Delegates Mar 26, 2026

How they voted

440
Passed · 5 other
Total votes 49
Mar 20, 2026
D Democratic36
31 Yea 5
86% Yea
R Republican13
13 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
16
Key actions
11
Committee
6
Amendments
1
May 12, 2026
Signed into law
Approved by the Governor - Chapter 378
executive
Apr 10, 2026
Lower · Passed
Passed Enrolled
lower
Apr 10, 2026
Lower · Passed
Third Reading Passed
lower
Apr 10, 2026
Introduced
House Concurs Senate Amendments
lower
Apr 8, 2026
Upper · Passed
Third Reading Passed
upper
Apr 7, 2026
Upper · Passed
Favorable with Amendments {
upper
Apr 6, 2026
Upper · Passed
Favorable with Amendments Report by Finance
upper
Mar 26, 2026
House Of Delegates · Passed
House of Delegates Vote: pass (105-26-12)
house of delegates
Mar 20, 2026
Senate · Passed
Senate Vote: pass (44-0-5)
senate
Mar 19, 2026
Committee
Referred Finance
upper
Mar 18, 2026
Lower · Passed
Third Reading Passed
lower
Mar 17, 2026
Lower · Passed
Favorable Adopted Second Reading Passed
lower
Mar 16, 2026
Lower · Passed
Favorable Report by Economic Matters
lower
Feb 13, 2026
Committee
First Reading Economic Matters
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.