State Retirement and Pension System - Divestment From Russia [HB-1482]
Requiring the Board of Trustees for the State Retirement and Pension System to review investment holdings in eligible accounts to determine the extent to which these funds are invested in Russia-restricted investments; requiring the Board of Trustees to take certain divestment actions; prohibiting the Board of Trustees from making certain new investments; providing certain immunities from liability for certain persons; requiring the Board of Trustees to act in good faith in taking certain actions in a certain manner; etc.
HB-1482: State Retirement and Pension System - Divestment From Russia
Sponsored by: Rep. Dana Stein
Vetoed By The Governor (duplicative) on 05/27/2022
State Retirement and Pension System - Divestment From Russia [SB-1005]
Requiring the Board of Trustees for the State Retirement and Pension System to review investment holdings in certain eligible accounts to determine the extent to which funds are invested in Russia-restricted investments; requiring the Board of Trustees to take certain divestment actions; prohibiting the Board of Trustees from making certain new investments; providing certain immunities from liability for certain persons; requiring the Board of Trustees to act in good faith in taking certain actions in a certain manner; etc.
SB-1005: State Retirement and Pension System - Divestment From Russia
Sponsored by: Sen. Delores Kelley
Approved By The Governor - Chapter 343 on 05/12/2022
Winery and Vineyard Economic Development Grant Program [HB-1388]
Establishing the Winery and Vineyard Economic Development Grant Program within the Department of Commerce; authorizing certain individuals and corporations to receive a grant equal to 25% of the qualified capital expenses incurred in connection with establishing new wineries and vineyards or completing capital improvements at existing wineries and vineyards; requiring the Governor each year to include in the annual budget bill an appropriation of at least $1,000,000 to be used for grants under the Program; etc.
HB-1388: Winery and Vineyard Economic Development Grant Program
Sponsored by: Rep. Michele Guyton
Third Reading Passed (133-1) on 04/11/2022
Child Care Capital Support Revolving Loan Fund - Established [SB-919]
Establishing the Child Care Capital Support Revolving Loan Fund as a special, nonlapsing fund to provide no-interest loans for capital expenses related to a child care facility to child care providers who participate in the Child Care Scholarship Program; requiring interest earnings of the Fund to be credited to the Fund; requiring the Department of Commerce to administer the Fund with support from the State Department of Education; and requiring the Department of Commerce to publicize the availability of loans from the Fund.
SB-919: Child Care Capital Support Revolving Loan Fund - Established
Sponsored by: Sen. Nancy King
Referred Rules And Executive Nominations on 04/08/2022
Income Tax - Credit for Travel, Hospitality, and Entertainment [HB-1273]
Allowing an individual to claim a credit against the State income tax for certain travel, hospitality, and entertainment expenses paid or incurred in the State by the individual during taxable years 2022 and 2023 under certain circumstances; providing that the credit may not be allowed for certain travel expenses for which the individual claimed a certain federal deduction; requiring the Department of Commerce, on application by an individual, to issue a tax credit certificate in a certain amount; etc.
HB-1273: Income Tax - Credit for Travel, Hospitality, and Entertainment
Sponsored by: Rep. Jason Buckel
Hearing Canceled on 03/09/2022
Economic Development - Industry 4.0 Technology Grant Program (Maryland Manufacturing Innovation Act of 2022) [HB-1384]
Establishing the Industry 4.0 Technology Grant Program in the Department of Commerce to provide grants to small and medium-sized manufacturing enterprises to assist those manufacturers with implementing new Industry 4.0 technology or related infrastructure for certain purposes; requiring the Governor to include in the annual budget bill an appropriation of $1,000,000 to the Program for fiscal year 2024 and each fiscal year thereafter; and creating the Maryland Manufacturing 4.0 Initiative Governance Committee.
HB-1384: Economic Development - Industry 4.0 Technology Grant Program (Maryland Manufacturing Innovation Act of 2022)
Sponsored by: Rep. Lily Qi
Third Reading Passed (121-0) on 04/04/2022
Consumer Credit - Commercial Financing Transactions [HB-1211]
Regulating commercial financing transactions, including by establishing requirements related to disclosures, calculations of annual percentage rates, terms of repayments, and other related items, and the extension of special offers; making a violation of the Act an unfair, abusive, or deceptive trade practice under the Maryland Consumer Protection Act and subject to certain enforcement and penalty provisions; etc.
Income Tax - Film Production Activity Tax Credit - Filming Locations [HB-1144]
Requiring the Secretary of Commerce to make available, for film production activities in Allegany, Caroline, Dorchester, Garrett, Kent, Prince George's, Somerset, Washington, or Wicomico counties, 20% of the total amount of tax credits that the Secretary may approve in a fiscal year.
HB-1144: Income Tax - Film Production Activity Tax Credit - Filming Locations
Sponsored by: Rep. Jason Buckel
First Reading Ways And Means on 02/11/2022
Child Care Capital Support Revolving Loan Fund - Established [HB-993]
Establishing the Child Care Capital Support Revolving Loan Fund as a special, nonlapsing fund to provide no-interest loans for capital expenses related to a child care facility to child care providers who participate in the Child Care Scholarship Program; requiring the Department of Commerce to administer the Fund with support from the State Department of Education; and requiring the Department of Commerce to publicize the availability of loans from the Fund.
HB-993: Child Care Capital Support Revolving Loan Fund - Established
Sponsored by: Rep. Eric Ebersole
Approved By The Governor - Chapter 466 on 05/16/2022
Environment and Energy - Investment in Overburdened Communities [HB-1033]
Requiring the Department of the Environment, on or before December 1, 2022, to develop certain policies and recommendations to require at least 40% of overall spending on certain programs, projects, or investments to benefit certain overburdened communities, starting with fiscal year 2024; defining an "overburdened community" as any census tract where the median house hold income is not more than 75% of the statewide median household income and certain environmental indicators are above the 75th percentile; etc.
HB-1033: Environment and Energy - Investment in Overburdened Communities
Sponsored by: Rep. Dana Stein
Hearing 3/15 At 1:00 P.m. (appropriations) on 02/18/2022
Maryland Earn and Learn Act of 2022 - Establishment [HB-1000]
Requiring a professional or occupational licensing board to issue a license to an individual who completes an apprenticeship working with a person licensed in the profession or occupation for which the applicant is seeking licensure, passes a board required examination, and pays applicable fees; authorizing a board to develop a standard apprenticeship program and to set the minimum requirements for an apprentice to obtain licensure; etc.
HB-1000: Maryland Earn and Learn Act of 2022 - Establishment
Sponsored by: Rep. Andrea Harrison
Hearing Canceled (education, Health, And Environmental Affairs) And Hearing Canceled (finance) on 04/05/2022
Education and Labor and Employment - Cyber Warrior Diversity Program and Workforce Development for Cybersecurity [SB-753]
Requiring the Maryland Higher Education Commission, in consultation with the Cybersecurity Association of Maryland, Inc., on or before July 1 each year, beginning in 2023, to identify certification trends in information technology and cybersecurity sectors and expand the Cyber Warrior Diversity Program under certain circumstances; establishing the Cybersecurity Workforce Accelerator Program at the University of Maryland Baltimore County; establishing the Cybersecurity Workforce Accelerator Fund; etc.
SB-753: Education and Labor and Employment - Cyber Warrior Diversity Program and Workforce Development for Cybersecurity
Sponsored by: Sen. Katie Hester
Third Reading Passed (128-3) on 04/11/2022
Commercial Financing Transactions - Requirements [SB-825]
Requiring that certain revenue, fees, and examination and investigation fees and assessments relating to commercial financing transactions be credited to the Nondepository Special Fund; regulating commercial financing transactions, including by establishing requirements related to disclosures, calculations of annual percentage rates, terms of repayments, and other related items, and the extension of special offers; etc.
Economic Development - Eligibility for State Job Creation Incentives [HB-849]
Prohibiting a certain entity from qualifying for a certain State job creation incentive unless certain positions created or maintained by the entity satisfy certain standards; requiring an entity that receives a State job creation incentive to report certain information on wages, benefits and taxes to the unit of State government that administers the incentive at least once per year; etc.
HB-849: Economic Development - Eligibility for State Job Creation Incentives
Sponsored by: Rep. Vaughn Stewart
Withdrawn By Sponsor on 02/08/2022
Economic Development - Western Maryland Economic Future Investment Board and Senator George C. Edwards Fund - Establishment [HB-838]
Establishing the Western Maryland Economic Future Investment Board; establishing the Senator George C. Edwards Fund to provide grant or loan funding to capital infrastructure and business development projects that improve the economic conditions in the region; requiring the Board to develop criteria to review, evaluate, and rate certain proposals for funding, to distribute certain funding, and to monitor and track the progress of certain projects that have received funding; etc.
HB-838: Economic Development - Western Maryland Economic Future Investment Board and Senator George C. Edwards Fund - Establishment
Sponsored by: Rep. Jason Buckel
Approved By The Governor - Chapter 62 on 04/12/2022
Income Tax – Film Production Activity Tax Credit – Filming Locations [SB-664]
Requiring the Secretary of Commerce to make available, for film production activities in Allegany, Caroline, Dorchester, Garrett, Kent, Prince George's, Somerset, Washington, or Wicomico counties, 20% of the total amount of tax credits that the Secretary may approve in a fiscal year.
SB-664: Income Tax – Film Production Activity Tax Credit – Filming Locations
Sponsored by: Sen. Mary Carozza
Hearing 3/02 At 1:00 P.m. on 02/05/2022
Cannabis Reform [HB-837]
Requiring the Natalie M. LaPrade Medical Cannabis Commission, in consultation with certain stakeholders, to conduct a baseline study of cannabis use in the State by March 1, 2023; altering certain provisions relating to penalties, charging procedures, expungement, shielding, and sentencing for certain offenses involving cannabis; legalizing the use and possession of a certain quantity of cannabis by an individual who is at least 21 years old; establishing the Cannabis Public Health Advisory Council and a Cannabis Public Health Fund; etc.
HB-837: Cannabis Reform
Sponsored by: Rep. Luke Clippinger
Enacted Under Article Ii, Section 17(b) Of The Maryland Constitution - Chapter 26 on 04/09/2022
Prince George’s Financial Services Corporation – Funding [SB-657]
Requiring the Governor, for fiscal year 2024, to include in the annual budget bill an appropriation of $420,000 to the Department of Commerce to be used to provide an operating grant to the Prince George's Financial Services Corporation.
SB-657: Prince George’s Financial Services Corporation – Funding
Sponsored by: Sen. Joanne Benson
Hearing 2/23 At 1:00 P.m. on 02/05/2022
Economic Development - Eligibility for State Job Creation Incentives [SB-671]
Prohibiting a certain entity from qualifying for a certain State job creation incentive unless certain positions created or maintained by the entity satisfy certain standards; requiring an entity that receives a State job creation incentive to report certain information on wages, benefits and taxes to the unit of State government that administers the incentive at least once per year; etc.
SB-671: Economic Development - Eligibility for State Job Creation Incentives
Sponsored by: Sen. Benjamin Kramer
Hearing 3/01 At 1:00 P.m. on 02/11/2022
Income Tax - Theatrical Production Tax Credit [SB-597]
Allowing certain theatrical production entities to claim a credit against the State income tax for certain costs incurred for certain theatrical productions within the State; making the credit refundable under certain circumstances; requiring the Department of Commerce to administer the credit; and prohibiting the Secretary from issuing tax credit certificates for credit amounts in the aggregate totaling more than $5,000,000 in any fiscal year.
SB-597: Income Tax - Theatrical Production Tax Credit
Sponsored by: Sen. James Rosapepe
Approved By The Governor - Chapter 259 on 05/12/2022