Maryland 2024 Regular Session

Maryland House Bill HB914 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	WES MOORE, Governor Ch. 505
2	1
3		-	– 1 –
4		-	Chapter 505
5		-	(House Bill 914)
6	2
7		-	AN ACT concerning
	3	+	EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
	4	+	[Brackets] indicate matter deleted from existing law.
	5	+	Underlining indicates amendments to bill.
	6	+	Strike out indicates matter stricken from the bill by amendment or deleted from the law by
	7	+	amendment.
	8	+	hb0914
8	9
9		-	Winery and Vineyard Economic Development Grant Program – Modifications
	10	+	HOUSE BILL 914
	11	+	C8 4lr2534
	12	+	CF SB 746
	13	+	By: Delegates D. Jones and Pippy
	14	+	Introduced and read first time: February 2, 2024
	15	+	Assigned to: Appropriations
	16	+	Committee Report: Favorable with amendments
	17	+	House action: Adopted
	18	+	Read second time: March 1, 2024
10	19
11		-	FOR the purpose of altering procedures for the claiming and awarding of grants under the
12		-	Winery and Vineyard Economic Development Grant Program; and generally relating
13		-	to the Winery and Vineyard Economic Development Grant Program.
	20	+	CHAPTER ______
14	21
15		-	BY repealing and reenacting, with amendments,
16		-	Article – Economic Development
17		-	Section 5–2003(b)
18		-	Annotated Code of Maryland
19		-	(2018 Replacement Volume and 2023 Supplement)
	22	+	AN ACT concerning 1
20	23
21		-	SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND,
22		-	That the Laws of Maryland read as follows:
	24	+	Winery and Vineyard Economic Development Grant Program – Modifications 2
23	25
24		-	Article – Economic Development
	26	+	FOR the purpose of altering procedures for the claiming and awarding of grants under the 3
	27	+	Winery and Vineyard Economic Development Grant Program; and generally relating 4
	28	+	to the Winery and Vineyard Economic Development Grant Program. 5
25	29
26		-	5–2003.
	30	+	BY repealing and reenacting, with amendments, 6
	31	+	Article – Economic Development 7
	32	+	Section 5–2003(b) 8
	33	+	Annotated Code of Maryland 9
	34	+	(2018 Replacement Volume and 2023 Supplement) 10
27	35
28		-	(b) (1) [By September 15 of the calendar year in which the qualified capital
29		-	expenses are paid or incurred, an] AN individual or a corporation WHO PAID OR
30		-	INCURRED QUALIFIED C APITAL EXPENSES DURI NG THE IMMEDIATELY PRECEDING
31		-	CALENDAR YEAR may submit an application to the Department for a grant authorized
32		-	under this section.
	36	+	SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 11
	37	+	That the Laws of Maryland read as follows: 12
33	38
34		-	(2) (i) For any fiscal year, the total amount of grants approved by the
35		-	Department under this section may not exceed the total appropriation for the Program for
36		-	that fiscal year.
	39	+	Article – Economic Development 13
37	40
38		-	(ii) If the total amount of grants applied for under this section
39		-	exceeds the maximum specified under subparagraph (i) of this paragraph, the Department
40		-	shall approve a grant for each applicant in an amount equal to the product of multiplying
41		-	the amount applied for by the applicant times a fraction:
	41	+	5–2003. 14
42	42
43		-	1. the numerator of which is the maximum specified under
44		-	subparagraph (i) of this paragraph; and
	43	+	(b) (1) [By September 15 of the calendar year in which the qualified capital 15
	44	+	expenses are paid or incurred, an] AN individual or a corporation WHO PAID OR 16
	45	+	INCURRED QUALIFIED C APITAL EXPENSES DURI NG THE IMMEDIATELY P RECEDING 17
	46	+	CALENDAR YEAR may submit an application to the Department for a grant authorized 18
	47	+	under this section. 19
	48	+	2 HOUSE BILL 914
45	49
46		-	2. the denominator of which is the total of all grants applied
47		-	for by all applicants for that calendar year.
48		-	Ch. 505 2024 LAWS OF MARYLAND
49	50
50		-	– 2 –
51		-	~~(3) [On~~ ~~or before December 15 each year, the]~~ THE ~~Department shall~~
52		-	~~award the grants authorized under this section to each eligible applicant~~.
	51	+	(2) (i) For any fiscal year, the total amount of grants approved by the 1
	52	+	Department under this section may not exceed the total appropriation for the Program for 2
	53	+	that fiscal year. 3
53	54
54		-	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall tak e effect July
55		-	1, 2024.
	55	+	(ii) If the total amount of grants applied for under this section 4
	56	+	exceeds the maximum specified under subparagraph (i) of this paragraph, the Department 5
	57	+	shall approve a grant for each applicant in an amount equal to the product of multiplying 6
	58	+	the amount applied for by the applicant times a fraction: 7
56	59
57		-	Approved by the Governor, May 9, 2024.
	60	+	1. the numerator of which is the maximum specified under 8
	61	+	subparagraph (i) of this paragraph; and 9
	62	+
	63	+	2. the denominator of which is the total of all grants applied 10
	64	+	for by all applicants for that calendar year. 11
	65	+
	66	+	(3) [On or before December 15 each year, the] THE Department shall 12
	67	+	award the grants authorized under this section to each eligible applicant. 13
	68	+
	69	+	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 14
	70	+	1, 2024. 15
	71	+
	72	+
	73	+
	74	+
	75	+	Approved:
	76	+	________________________________________________________________________________
	77	+	Governor.
	78	+	________________________________________________________________________________
	79	+	Speaker of the House of Delegates.
	80	+	________________________________________________________________________________
	81	+	President of the Senate.