Economic And Community Development
Maryland 2021 Regular Session
Housing and Community Development – Mortgage, Down Payment, and Settlement Expense Assistance [SB-937]
[Housing ]
[Community Development ]
[Student Loans ]
[Finance ]
[Real Estate ]
Requiring the Secretary of Housing and Community Development to take into consideration a family's student loan debt in developing eligibility requirements for certain financial assistance related to residential mortgages; clarifying that the Community Development Administration may purchase notes, mortgages, or partial interests in notes or mortgages that evidence certain new residential mortgage loans for the refinancing of existing residential mortgage loans; etc.
Sponsored by: Sen. Arthur Ellis
Hearing 3/23 At 1:00 P.m. on 03/10/2021
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Gettr Maryland 2021 Regular Session
Economic Development - Partnership for Workforce Quality Program - Alterations [HB-1342]
[Economic Development ]
[Labor, Jobs, Employment ]
[Funding ]
[Grants ]
[Small Business ]
[Education ]
Expanding the purpose of the Partnership for Workforce Quality Program and the eligible uses of the grant under the Program to include training for new employees.
Sponsored by: Rep.
Approved By The Governor - Chapter 115 on 04/13/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 4, relative to broadband. [SB-1564]
[Telecommunications ]
[Technology and Innovation ]
[Community Development ]
[Economic Development ]
As introduced, requires that a broadband ready community’s ordinance or policy for reviewing applications must contain a provision that all applications related to the project be either approved or denied within 30 calendar days, rather than 30 business days, after the applications are submitted. - Amends TCA Title 4.
Sponsored by: Sen. Paul Bailey
Assigned To General Subcommittee Of Senate Commerce And Labor Committee on 04/21/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 4; Title 7; Title 13; Title 64 and Title 67, relative to manufacturers of ammunition components. [SB-1239]
[Manufacturing ]
[Economic Development ]
[Funding ]
As introduced, requires TACIR to perform a study and make recommendations to the general assembly regarding incentives to encourage and facilitate the relocation of manufacturers of ammunition components to this state. - Amends TCA Title 4; Title 7; Title 13; Title 64 and Title 67.
Sponsored by: Sen. Mark Pody
Passed On Second Consideration, Refer To Senate Commerce And Labor Committee on 02/22/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 4; Title 49 and Title 67, relative to the expansion of employee-owned businesses. [SB-1415]
[Labor, Jobs, Employment ]
[Small Business ]
[Economic Development ]
As introduced, enacts the "Grow Jobs Through Employee Ownership Act," to support the growth and expansion of employee-owned businesses. - Amends TCA Title 4; Title 49 and Title 67.
Sponsored by: Sen. Raumesh Akbari
Assigned To General Subcommittee Of Senate Education Committee on 03/31/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 4; Title 7; Title 13; Title 64 and Title 67, relative to manufacturers of ammunition components. [HB-1234]
[Manufacturing ]
[Economic Development ]
[Funding ]
As introduced, requires TACIR to perform a study and make recommendations to the general assembly regarding incentives to encourage and facilitate the relocation of manufacturers of ammunition components to this state. - Amends TCA Title 4; Title 7; Title 13; Title 64 and Title 67.
Sponsored by: Rep. Bud Hulsey
Taken Off Notice For Cal In S/c Departments & Agencies Subcommittee Of State Government Committee on 03/23/2021
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Maryland 2021 Regular Session
Financial Regulation - Access to Banking and Financial Services - Reporting [SB-933]
[Finance ]
[Economic Development ]
[Consumer Protection ]
Requiring the Commissioner of Financial Regulation to submit a certain report that analyzes the banking environment in the State to the General Assembly on or before December 31, 2021; and requiring the report to include the number and types of financial institutions by jurisdiction, identification of banking deserts, and recommended strategies for ensuring that residents of underserved areas have access to financial services.
Sponsored by: Sen. Joanne Benson
Approved By The Governor - Chapter 193 on 05/18/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 6, Chapter 54 and Title 7, Chapter 53, relative to housing incentives. [SB-933]
[Housing ]
[Economic Development ]
As enacted, defines the terms "economic development" and "project" to include incentives that promote the development of single-family housing, for purposes of laws governing projects by industrial development corporations and contributions to industrial development corporations by municipalities. - Amends TCA Title 6, Chapter 54 and Title 7, Chapter 53.
Sponsored by: Sen. Rusty Crowe
Comp. Became Pub. Ch. 297 on 05/18/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7, Chapter 53; Title 9, Chapter 23; Title 13, Chapter 20 and Title 67, Chapter 5, relative to property tax incentives to encourage economic and community development. [SB-1031]
[Property Tax ]
[Economic Development ]
[Community Development ]
[Education ]
[Law Enforcement ]
[Taxes ]
[Housing ]
As introduced, urges TACIR to perform a study and make recommendations regarding the potential economic benefits to counties and municipalities if payments in lieu of ad valorem taxes were accepted from private individuals for relocating and entering into high-need fields, such as teaching and law enforcement, and for residing in residential property owned by the municipal or county government for which the private individual is employed; requires, that if such study is performed, TACIR report its findings and recommendations to the members of the
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Sponsored by: Sen. Richard Briggs
Passed On Second Consideration, Refer To Senate State And Local Government Committee on 02/22/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 6, Chapter 54 and Title 7, Chapter 53, relative to housing incentives. [HB-968]
[Housing ]
[Economic Development ]
As enacted, defines the terms "economic development" and "project" to include incentives that promote the development of single-family housing, for purposes of laws governing projects by industrial development corporations and contributions to industrial development corporations by municipalities. - Amends TCA Title 6, Chapter 54 and Title 7, Chapter 53.
Sponsored by: Rep. Patsy Hazlewood
Pub. Ch. 297 on 05/18/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Section 6-58-114, relative to joint economic and community development boards. [HB-822]
[Community Development ]
[Economic Development ]
As introduced, reduces, from four times annually to three times annually, the minimum number of times each joint economic and community development board must meet. - Amends TCA Section 6-58-114.
Sponsored by: Rep. John Holsclaw
P2c, Caption Bill, Held On Desk - Pending Amdt. on 02/11/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 4; Title 49 and Title 67, relative to the expansion of employee-owned businesses. [HB-849]
[Labor, Jobs, Employment ]
[Small Business ]
[Economic Development ]
As introduced, enacts the "Grow Jobs Through Employee Ownership Act," to support the growth and expansion of employee-owned businesses. - Amends TCA Title 4; Title 49 and Title 67.
Sponsored by: Rep. Jason Powell
Assigned To S/c Higher Education Subcommittee on 02/24/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 4, relative to broadband. [HB-747]
[Telecommunications ]
[Technology and Innovation ]
[Community Development ]
[Economic Development ]
As introduced, requires that a broadband ready community’s ordinance or policy for reviewing applications must contain a provision that all applications related to the project be either approved or denied within 30 calendar days, rather than 30 business days, after the applications are submitted. - Amends TCA Title 4.
Sponsored by: Rep. Clark Boyd
P2c, Caption Bill, Held On Desk - Pending Amdt. on 02/11/2021
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Section 6-58-114, relative to joint economic and community development boards. [SB-579]
[Community Development ]
[Economic Development ]
As introduced, reduces, from four times annually to three times annually, the minimum number of times each joint economic and community development board must meet. - Amends TCA Section 6-58-114.
Sponsored by: Sen. Rusty Crowe
Assigned To General Subcommittee Of Senate Commerce And Labor Committee on 03/30/2021
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Maryland 2021 Regular Session
Workgroup on the COVID-19 Crisis Economic Recovery [SB-896]
[Economic Development ]
[Funding ]
[Grants ]
[Public Health ]
[Budget and Spending ]
Establishing the Workgroup on the COVID-19 Economic Recovery; providing for the composition, chair, and staffing of the Workgroup; requiring the Workgroup to study and make recommendations regarding the challenges posed by the COVID-19 pandemic; requiring the Workgroup to submit an interim report to the Governor and the General Assembly on or before December 31, 2021 and a final report on or before December 31, 2022; etc.
Sponsored by: Sen. James Rosapepe
Hearing 3/10 At 1:00 P.m. (finance) on 02/11/2021
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Maryland 2021 Regular Session
Economic Development – Maryland Innovation Initiative University Expansion Pilot Program – Establishment [SB-802]
[Economic Development ]
[Technology and Innovation ]
[Education ]
[Small Business ]
[Funding ]
[Grants ]
Establishing the Maryland Innovation Initiative University Expansion Pilot Program within the Maryland Technology Development Corporation to expand opportunities for technology validation, entrepreneurial development, and industry engagement at Frostburg State University; requiring the Maryland Innovation Initiative within the Corporation to implement the Program; authorizing Frostburg State University to participate in the Program; requiring the university to pay an annual contribution of $50,000 to participate in the Program; etc.
Sponsored by: Sen. George Edwards
Hearing 3/16 At 1:00 P.m. (finance) on 02/10/2021
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Maryland 2021 Regular Session
Economic Development – Small Business Financing – Loan Loss Reserve (Maryland Capital Access Program) [SB-788]
[Economic Development ]
[Small Business ]
[Finance ]
[Funding ]
[Grants ]
[Labor, Jobs, Employment ]
Establishing a Capital Access Program in the Department of Commerce for the purpose of stimulating opportunities for small businesses that may have difficulty in obtaining business financing to have access to credit by establishing a loan loss reserve program; specifying that certain loans qualify under the Program; requiring a lender to enroll a qualifying loan not more than 30 days after the date of the first disbursement; authorizing a lender to enroll all or a portion of a qualifying loan in an amount not more than $250,000; etc.
Sponsored by: Sen. Brian Feldman
Hearing 3/16 At 1:00 P.m. (finance) on 02/10/2021
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Maryland 2021 Regular Session
Economic Development – Western Maryland Economic Future Investment Board and Fund – Establishment [SB-803]
[Economic Development ]
[Budget and Spending ]
[Funding ]
[Grants ]
[Infrastructure ]
[Small Business ]
Establishing the Western Maryland Economic Future Investment Board; establishing the Western Maryland Economic Future Investment Fund as a special, nonlapsing fund to provide grant funding to capital infrastructure projects and business development projects that improve the economic conditions in the region; requiring the Governor, for fiscal years 2023 through 2027, to include in the operating or capital budget an appropriation of at least $7,500,000 to the Fund, etc.
Sponsored by: Sen. George Edwards
Hearing 4/01 At 1:30 P.m. on 03/22/2021
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Maryland 2021 Regular Session
Baltimore City - Visit Baltimore - Appropriation Calculation [SB-789]
[Tourism ]
[Budget and Spending ]
[Taxes ]
Requiring, for each fiscal year beginning on or after July 1, 2022, that the appropriation in the Baltimore City budget to Visit Baltimore will be calculated from the actual hotel room tax receipts received from the immediately preceding 3-year rolling average; and extending to 2027 the termination date of the appropriation for Visit Baltimore.
Sponsored by: Sen. Cory McCray
Approved By The Governor - Chapter 209 on 05/18/2021
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Maryland 2021 Regular Session
Economic Development – Maryland Stadium Authority – Hagerstown Multi–Use Sports and Events Facility [SB-926]
[Economic Development ]
[Sports ]
[Budget and Spending ]
[Funding ]
[Community Development ]
[Construction ]
Authorizing the Maryland Stadium Authority to review and make recommendations on the Hagerstown Multi-Use Sports and Events Facility; authorizing the Authority to acquire a site or an interest in a site for the Facility; requiring the Governor to include in the annual budget bill an appropriation of $3,750,000 for the Hagerstown Multi-Use Sports and Events Facility Fund; requiring the Hagerstown-Washington County Industrial Foundation to report to certain committees of the General Assembly by December 31 each year; etc.
Sponsored by: Sen. George Edwards
Approved By The Governor - Chapter 353 on 05/18/2021