Maryland 2024 Regular Session

Maryland Senate Bill SB781

Introduced
2/1/24  
Refer
2/1/24  
Report Pass
3/7/24  
Engrossed
3/14/24  
Refer
3/15/24  
Report Pass
4/1/24  
Enrolled
4/4/24  
Chaptered
5/9/24  

Caption

Economic Development - Regional Additive Manufacturing Partnership of Maryland - Alterations

Impact

This legislation seeks to solidify the state's position in the advanced manufacturing sector by promoting collaborations among government entities, businesses, educational institutions, and innovators. It aims to leverage the existing investments in additive manufacturing facilities in the area, focusing on recruitment and development of a skilled workforce through partnerships with local colleges and universities. The bill also establishes a dedicated fund to support these initiatives and encourage investment in advanced manufacturing in the region, indicating a strategic direction in economic development.

Summary

Senate Bill 781, known as the Economic Development – Regional Additive Manufacturing Partnership of Maryland – Alterations, aims to enhance the structure and function of the existing Regional Additive Manufacturing Partnership of Maryland by renaming it to the Regional Advanced Manufacturing Partnership of Maryland. The bill modifies the objectives and duties of the partnership and its executive board, emphasizing the importance of advanced manufacturing in fostering economic growth within the region, particularly in Cecil and Harford counties.

Sentiment

The sentiment regarding SB 781 is generally supportive, particularly among business leaders and educational institutions that see value in strengthening the advanced manufacturing framework. The collaborations fostered by this bill are anticipated to drive job growth and enhance the skill set of the local workforce. However, there may be underlying concerns about resource allocation and whether the focus on advanced manufacturing could inadvertently marginalize other important sectors in the economy.

Contention

Notably, discussions surrounding the bill highlighted the necessity to balance the interests of varying stakeholders, including local governments, educational institutions, and the private sector. While the intention is to streamline efforts in promoting advanced manufacturing, some stakeholders raised questions about the governance of the partnership and the representation of diverse industries. Ensuring that all voices are heard, especially from smaller businesses and community organizations, is critical to the bill's overall acceptance and successful implementation.

Companion Bills

No companion bills found.

Previously Filed As

MD HB768

Economic Development - Western Maryland Economic Future Investment Board and Senator George C. Edwards Fund - Alterations

MD SB865

Economic Development - Western Maryland Economic Future Investment Board and Senator George C. Edwards Fund - Alterations

MD SB699

Maryland Technology Development Corporation - Equitech Growth Fund and Commission

MD HB781

Maryland Technology Development Corporation - Equitech Growth Fund and Commission

MD SB801

Economic Development - Cybersecurity - Cyber Maryland Program

MD HB653

Economic Development - Maryland Technology Infrastructure Pilot Program - Establishment

MD HB1189

Economic Development - Cybersecurity - Cyber Maryland Program

MD SB333

Economic Development – Regional Institution Strategic Enterprise Zone Program – Alterations and Financing

MD HB471

Economic Development – Regional Institution Strategic Enterprise Zone Program – Alterations and Financing

MD SB396

Economic Development - Upper Shore Regional Council - Membership

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