SB 763 establishes the Maryland Growth Initiative within the Maryland Technology Development Corporation to support early-stage companies transitioning from startup development to scaling. It creates a dedicated $5 million annual fund from state budget appropriations (reinforced by interest earnings and private investment) to provide post-seed funding, helping qualifying companies grow in Maryland without relocating. The initiative must prioritize companies that previously received funding from the corporation or are minority-owned businesses, while maintaining a curated list of eligible firms between startup and scaling phases. The fund operates as a non-lapsing account, with all interest earnings automatically added back to the fund.
HB 1008, the "Vulnerable Adult Banking Protection Act," allows banks and credit unions to delay or block payments from accounts of seniors (65+) or vulnerable adults (those who lack capacity to meet daily needs) if they reasonably suspect financial exploitation. The bill requires financial institutions to notify authorized account holders (unless they suspect that person of exploitation) and report the delay to Adult Protective Services or law enforcement within four business days. It also mandates that institutions provide status updates to authorities upon request, creating a formal process to address potential abuse while protecting vulnerable account holders.
SB 964 requires contractors and subcontractors working on Maryland public works projects to employ a specific percentage of qualified apprentices or experienced workers, replacing previous options to pay apprenticeship programs instead of hiring. It applies to all state-funded construction projects and newly includes the University System of Maryland and Baltimore City Community College. The Secretary of Labor must set an annual apprenticeship percentage target for projects, with limited waivers allowed for specific circumstances. The bill amends existing procurement laws to enforce these hiring requirements as a core part of public works contracting.
HB 898, the DECADE Act, reorganizes Maryland's economic development programs to streamline administration and expand incentives. It redesignates the Economic Development Opportunities Program Account as the "Strategic Closing Fund" under the Department of Commerce, alters eligibility and calculation rules for tax credits (including Job Creation, R&D, and film production credits), and extends the Build Our Future Grant Pilot Program. The bill allows pass-through entities to allocate tax credits to members and removes limits on film production tax credit certificates. These changes directly affect businesses, investors, and film producers seeking state economic development incentives.
HB 1276 establishes the Neighborhood Social Connection and Development Program within Baltimore City's West North Avenue Development Authority. The program provides technical support and grants to local organizations (like community development corporations, neighborhood associations, and nonprofits) serving the West North Avenue corridor (between the 600 and 3200 blocks) to fund specific community activities. Grants support social gatherings (block parties, festivals), outreach initiatives, volunteer stipends, green space projects, and training for community organizers. The Authority must report annually on grant activities and compile program evaluations by 2029 to create a neighborhood development template.
SB 762 modifies Maryland's grant program for racetrack facilities by allowing racing licensees (like Rosecroft Raceway and Ocean Downs) to receive capital construction grants without providing a matching fund. Instead, if they accept a grant without a matching fund, they must commit to conducting live racing in the state for at least 10 years after construction. The bill also requires the State Racing Commission to recapture funds if licensees fail to meet live racing commitments or other requirements, such as submitting detailed capital improvement plans. These changes update existing rules that previously required matching funds and specified minimum live racing days (60 for Rosecroft, 40 for Ocean Downs). The bill aims to streamline grant access while ensuring long-term facility investment and live racing operations.
HB 861 requires Maryland's Department of Information Technology to post the Statewide IT Master Plan on its website within six months of a governor's inauguration in their first term. If the deadline is missed, the Secretary must notify the governor and five specific legislative committees (Senate Budget Committee, Senate Education/Environment Committee, House Appropriations, House Government/Labor/Elections, and Joint Cybersecurity Committee) in writing within 10 days. The notification must explain the delay and provide a new publication date, not exceeding three months after the original deadline. This bill updates existing law to clarify posting requirements and accountability for delays.
SB 606 requires the Maryland Transportation Authority to analyze unused E-ZPass commuter trips from 2023-2025 and submit a report by September 2026. The report must include data on unused trips (numbers, costs, demographics) and recommend solutions like extending usage windows or offering rollovers to reduce forfeited funds. It also mandates a corrective action plan if over 25% of discount plans had unused trips during those years. The bill directly affects E-ZPass commuters, particularly low-income residents and those in communities with limited banking access, by addressing financial losses from unused prepaid trips. The law takes effect July 1, 2026, and expires June 30, 2027.
HB 1599 establishes Maryland's Chesapeake Bay Enhancement Program within the Department of Natural Resources. The program provides $2 million annually (starting fiscal year 2028) from the Transportation Trust Fund to fund oyster propagation and replenishment projects. These projects specifically mitigate harm to the state's oyster population caused by transportation projects at the Helen Delich Bentley Port of Baltimore, including dredging, pier/bridge construction, and channel maintenance. The law requires the Governor to include this funding in the annual budget bill, directly affecting oyster restoration groups and transportation project developers needing to offset environmental impacts.
HB 1176 sets a minimum funding requirement for Howard County's public schools by prohibiting the County Executive from submitting or the County Council from approving a budget that allocates less than 58% of the county's general fund revenue to the Board of Education. The bill directly affects Howard County's annual budget process for public education funding. Key provisions require the budget to meet this 58% threshold unless the school board specifically requests a lower amount, in which case the budget must approve that requested level. This amends Maryland's education code to establish this specific minimum funding rule for Howard County.
HB 1598 modifies Maryland's Racetrack Facility Renewal Account grants for horse racing facilities. It changes the requirement for racing licensees (like those operating Rosecroft Raceway and Ocean Downs Racetrack) to provide a matching fund for capital construction grants, making it optional instead of mandatory. Licensees receiving grants without a matching fund must now commit to conducting live racing in Maryland for at least 10 years after completing their capital improvements. The bill also adds provisions allowing the State Racing Commission to recapture grant funds if licensees fail to meet these requirements or live racing commitments. These changes apply specifically to licensees at the two racetracks covered under the existing grant program.
HB 1120 allows members of the U.S. Foreign Service and their spouses to practice licensed professions in Maryland using a valid license from another state, without needing to obtain a new Maryland license. The bill creates new provisions (Sections 10-14A-01 to 10-14A-03) in Maryland law to establish this portability for specific occupations covered under the state's licensing codes. It directly affects Foreign Service employees and their spouses who are already licensed in another jurisdiction and relocate to Maryland for duty. The bill amends multiple sections across Maryland’s licensing codes in State Government, Business Occupations, Education, and Health to implement this change. This policy removes a barrier for these individuals to continue their professional work without repeating licensing requirements.