Maryland 2025 Regular Session

Maryland House Bill HB799 Compare Versions

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33 EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
44 [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.
85 *hb0799*
96
107 HOUSE BILL 799
118 C8 5lr3444
129
13-By: Delegates Vogel and Buckel, Buckel, Fair, Roberts, and Wu
10+By: Delegates Vogel and Buckel
1411 Introduced and read first time: January 29, 2025
1512 Assigned to: Ways and Means
16-Committee Report: Favorable with amendments
17-House action: Adopted
18-Read second time: March 6, 2025
1913
20-CHAPTER ______
14+A BILL ENTITLED
2115
2216 AN ACT concerning 1
2317
24-Economic Development – Maryland Innovation Initiative University Institution 2
18+Economic Development – Maryland Innovation Initiative University 2
2519 Partnership Extension Program – Establishment 3
2620
27-FOR the purpose of establishing the Maryland Innovation Initiative University Institution 4
28-Partnership Extension Program; authorizing certain universities public and private 5
29-nonprofit institutions of higher education to participate in the Program; establishing 6
30-eligibility criteria for project proposals to receive funding under the Program; 7
31-requiring authorizing the Governor to include an appropriation in the annual budget 8
32-bill for certain fiscal years for the Program; altering the purpose and contents of the 9
33-Maryland Innovation Initiative Fund; and generally relating to the establishment of 10
34-the Maryland Innovation Initiative University Institution Partnership Extension 11
35-Program. 12
21+FOR the purpose of establishing the Maryland Innovation Initiative University 4
22+Partnership Extension Program; authorizing certain universities to participate in 5
23+the Program; establishing eligibility criteria for project proposals to receive funding 6
24+under the Program; requiring the Governor to include an appropriation in the annual 7
25+budget bill for certain fiscal years for the Program; altering the purpose and contents 8
26+of the Maryland Innovation Initiative Fund; and generally relating to the 9
27+establishment of the Maryland Innovation Initiative University Partnership 10
28+Extension Program. 11
3629
37-BY repealing and reenacting, without amendments, 13
38- Article – Economic Development 14
39-Section 10–454(a), (b), and (d), 10–455(a), and 10–457(a) 15
40- Annotated Code of Maryland 16
41- (2024 Replacement Volume and 2024 Supplement) 17
30+BY repealing and reenacting, without amendments, 12
31+ Article – Economic Development 13
32+Section 10–454(a), (b), and (d), 10–455(a), and 10–457(a) 14
33+ Annotated Code of Maryland 15
34+ (2024 Replacement Volume and 2024 Supplement) 16
4235
43-BY repealing and reenacting, with amendments, 18
44- Article – Economic Development 19
45-Section 10–457(b) and (d) 20
46- Annotated Code of Maryland 21
47- (2024 Replacement Volume and 2024 Supplement) 22
36+BY repealing and reenacting, with amendments, 17
37+ Article – Economic Development 18
38+Section 10–457(b) and (d) 19
39+ Annotated Code of Maryland 20
40+ (2024 Replacement Volume and 2024 Supplement) 21
41+
42+BY adding to 22
43+ Article – Economic Development 23
44+Section 10–461 24
45+ Annotated Code of Maryland 25
46+ (2024 Replacement Volume and 2024 Supplement) 26
4847 2 HOUSE BILL 799
4948
5049
51-BY adding to 1
52- Article – Economic Development 2
53-Section 10–461 3
54- Annotated Code of Maryland 4
55- (2024 Replacement Volume and 2024 Supplement) 5
50+ SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 1
51+That the Laws of Maryland read as follows: 2
5652
57- SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 6
58-That the Laws of Maryland read as follows: 7
53+Article – Economic Development 3
5954
60-Article – Economic Development 8
55+10–454. 4
6156
62-10–454. 9
57+ (a) In this part the following words have the meanings indicated. 5
6358
64- (a) In this part the following words have the meanings indicated. 10
59+ (b) “Commercialization” means the process of introducing a new product or 6
60+technology into the market. 7
6561
66- (b) “Commercialization” means the process of introducing a new product or 11
67-technology into the market. 12
62+ (d) “Initiative” means the Maryland Innovation Initiative established under § 8
63+10–455 of this subtitle. 9
6864
69- (d) “Initiative” means the Maryland Innovation Initiative established under § 13
70-10–455 of this subtitle. 14
65+10–455. 10
7166
72-10–455. 15
67+ (a) There is a Maryland Innovation Initiative. 11
7368
74- (a) There is a Maryland Innovation Initiative. 16
69+10–457. 12
7570
76-10–457. 17
71+ (a) There is a Maryland Innovation Initiative Fund. 13
7772
78- (a) There is a Maryland Innovation Initiative Fund. 18
73+ (b) The purpose of the Fund is to provide funding for the purposes described in [§ 14
74+10–456] §§ 10–456 AND 10–461 of this subtitle. 15
7975
80- (b) The purpose of the Fund is to provide funding for the purposes described in [§ 19
81-10–456] §§ 10–456 AND 10–461 of this subtitle. 20
76+ (d) The Fund consists of: 16
8277
83- (d) The Fund consists of: 21
78+ (1) appropriations as provided in the State budget; 17
8479
85- (1) appropriations as provided in the State budget; 22
80+ (2) contributions by the qualifying universities under § 10–455 of this 18
81+subtitle AND ELIGIBLE UNIVERS ITIES UNDER § 10–461 OF THIS SUBTITLE ; 19
8682
87- (2) contributions by the qualifying universities under § 10–455 of this 23
88-subtitle AND ELIGIBLE UNIVERSITIES INSTITUTIONS UNDER § 10–461 OF THIS 24
89-SUBTITLE; 25
83+ (3) grants or funds from federal laboratories located in Maryland; 20
9084
91- (3) grants or funds from federal laboratories located in Maryland; 26
85+ (4) interest or other income earned on the investment of money in the 21
86+Fund; and 22
9287
93- (4) interest or other income earned on the investment of money in the 27
94-Fund; and 28
88+ (5) any other money accepted for the benefit of the Initiative. 23
9589
96- (5) any other money accepted for the benefit of the Initiative. 29
90+10–461. 24
91+
92+ (A) (1) IN THIS SECTION THE F OLLOWING WORDS HAVE THE MEANINGS 25
93+INDICATED. 26
9794 HOUSE BILL 799 3
9895
9996
100-10–461. 1
97+ (2) “ELIGIBLE UNIVERSITY ” MEANS BOWIE STATE UNIVERSITY AND 1
98+FROSTBURG STATE UNIVERSITY. 2
10199
102- (A) (1) IN THIS SECTION THE F OLLOWING WORDS HAVE THE MEANINGS 2
103-INDICATED. 3
100+ (3) “PROGRAM” MEANS THE MARYLAND INNOVATION INITIATIVE 3
101+UNIVERSITY PARTNERSHIP EXTENSION PROGRAM. 4
104102
105- (2) “ELIGIBLE UNIVERSITY INSTITUTION” MEANS BOWIE STATE 4
106-UNIVERSITY AND, FROSTBURG STATE UNIVERSITY, AND ANY OTHER PUBLIC OR 5
107-PRIVATE NONPROFIT IN STITUTION OF HIGHER EDUCATION DEEMED ELI GIBLE BY 6
108-THE INITIATIVE. 7
103+ (B) (1) THERE IS A MARYLAND INNOVATION INITIATIVE UNIVERSITY 5
104+PARTNERSHIP EXTENSION PROGRAM. 6
109105
110- (3) “PROGRAM” MEANS THE MARYLAND INNOVATION INITIATIVE 8
111-UNIVERSITY INSTITUTION PARTNERSHIP EXTENSION PROGRAM. 9
106+ (2) THE PURPOSE OF THE PROGRAM IS TO EXPAND OP PORTUNITIES 7
107+FOR TECHNOLOGY VALID ATION, ENTREPRENEURIAL DEVE LOPMENT, AND 8
108+INDUSTRY ENGAGEMENT AT ELIGIBLE UNIVERSI TIES. 9
112109
113- (B) (1) THERE IS A MARYLAND INNOVATION INITIATIVE UNIVERSITY 10
114-INSTITUTION PARTNERSHIP EXTENSION PROGRAM. 11
110+ (C) (1) THE INITIATIVE SHALL IMPL EMENT AND ADMINISTER THE 10
111+PROGRAM. 11
115112
116- (2) THE PURPOSE OF THE PROGRAM IS TO EXPAND OPPORTUNITIES 12
117-FOR TECHNOLOGY VALID ATION, ENTREPRENEURIAL DEVE LOPMENT, AND 13
118-INDUSTRY ENGAGEMENT AT ELIGIBLE UNIVERSITIES INSTITUTIONS. 14
113+ (2) THE INITIATIVE SHALL COLL ABORATE WITH AN E LIGIBLE 12
114+UNIVERSITY TO IDENTI FY AND SUPPORT INDUS TRY PARTNERSHIPS AND 13
115+COMMERCIALIZATION OP PORTUNITIES. 14
119116
120- (C) (1) THE INITIATIVE SHALL IMPL EMENT AND ADMINISTER THE 15
121-PROGRAM. 16
117+ (D) TO QUALIFY FOR PARTIC IPATION IN THE PROGRAM, EACH ELIGIBLE 15
118+UNIVERSITY SHALL PAY AN ANNUAL CONTRIBUTI ON OF $50,000. 16
122119
123- (2) THE INITIATIVE SHALL COLL ABORATE WITH AN ELIG IBLE 17
124-UNIVERSITY INSTITUTION TO IDENTIFY AND SUPP ORT INDUSTRY PARTNER SHIPS 18
125-AND COMMERCIALIZATIO N OPPORTUNITIES . 19
120+ (E) (1) ONLY AN ELIGIBLE UNIV ERSITY MAY SUBMIT PROJ ECT 17
121+PROPOSALS FOR FUNDIN G UNDER THE PROGRAM. 18
126122
127- (3) THE INITIATIVE MAY EXPLOR E OPPORTUNITIES FOR EXPANDING 20
128-ELIGIBILITY TO OTHER PUBLIC OR PRIVATE NO NPROFIT INSTITUTIONS OF HIGHER 21
129-EDUCATION. 22
123+ (2) TO QUALIFY FOR A GRAN T UNDER THE PROGRAM, A PROJECT 19
124+PROPOSAL MUST : 20
130125
131- (D) TO QUALIFY FOR PARTIC IPATION IN THE PROGRAM, EACH ELIGIBLE 23
132-UNIVERSITY SHALL PAY AN ANNU AL CONTRIBUTION OF $50,000. 24
126+ (I) SUPPORT THE CREATION OF A NEW TECHNOLOGY –BASED 21
127+BUSINESS IN MARYLAND; 22
133128
134- (E) (D) (1) ONLY AN ELIGIBLE UNIVERSITY INSTITUTION MAY SUBMIT 25
135-PROJECT PROPOSALS FO R FUNDING UNDER THE PROGRAM. 26
129+ (II) ADVANCE TECHNOLOGY T OWARD COMME RCIALIZATION OF 23
130+A PRODUCT OR SERVICE ; 24
136131
137- (2) TO QUALIFY FOR A GRAN T UNDER THE PROGRAM, A PROJECT 27
138-PROPOSAL MUST : 28
132+ (III) FOSTER ENTREPRENEURI AL DEVELOPMENT AT TH E 25
133+ELIGIBLE UNIVERSITY ; 26
139134
140- (I) SUPPORT THE CREATION OF A NEW TE CHNOLOGY–BASED 29
141-BUSINESS IN MARYLAND; 30
142- 4 HOUSE BILL 799
135+ (IV) CREATE AN OPPORTUNIT Y FOR MEANINGFUL ECO NOMIC 27
136+IMPACT IN THE REGION AROUND THE ELIGIBLE UNIVERSITY; OR 28
143137
144-
145- (II) ADVANCE TECHNOLOGY T OWARD COMMERCIALIZAT ION OF 1
146-A PRODUCT OR SERVICE ; 2
147-
148- (III) FOSTER ENTREPRENEURI AL DEVELOPMENT AT TH E 3
149-ELIGIBLE UNIVERSITY INSTITUTION; 4
150-
151- (IV) CREATE AN OPPORTUNIT Y FOR MEANINGFUL ECONOMIC 5
152-IMPACT IN THE REGION AROUND THE ELIGIBLE UNIVERSITY INSTITUTION; OR 6
153-
154- (V) FOSTER COLLABORATION BETWEEN THE ELIGIBLE 7
155-UNIVERSITY INSTITUTION AND AN INDUSTRY PART NER, INCLUDING: 8
156-
157- 1. PRODUCT DEVELOPMENT WITH COMMERCIALIZATI ON 9
158-POTENTIAL; AND 10
159-
160- 2. MATCHING FUNDS PROVI DED BY THE INDUSTRY 11
161-PARTNER. 12
162-
163- (F) (E) (1) THE INITIATIVE SHALL DEVE LOP CRITERIA TO REVI EW, 13
164-EVALUATE, AND RATE PROJECT PRO POSALS FOR FUNDING U NDER THE PROGRAM. 14
165-
166- (2) THE EXECUTIVE DIRECTOR SHALL DISTRI BUTE GRANTS TO 15
167-PROJECTS BASED ON TH E CRITERIA DEVELOPED IN ACCORDANCE WITH P ARAGRAPH 16
168-(1) OF THIS SUBSECTION . 17
169-
170- (3) AN ELIGIBLE INSTITUTI ON SHALL PROVIDE A C ASH MATCH 18
171-EQUIVALENT TO 10% OF THE AMOUNT AWARDE D UNDER PARAGRAPH (2) OF THIS 19
172-SUBSECTION. 20
173-
174- (G) (F) (1) FOR FISCAL YEARS 2027 AND 2028, THE GOVERNOR SHALL 21
175-MAY INCLUDE IN THE ANNUA L BUDGET BILL AN APP ROPRIATION OF $500,000 22
176-$250,000 FOR THE PROGRAM. 23
177-
178- (2) THE FUNDING PROVIDED IN THIS SUBSECTION S HALL BE USED TO 24
179-SUPPLEMENT , NOT SUPPLANT , ANY FUNDS THAT WOULD OTHERWISE BE PROVIDED 25
180-TO THE INITIATIVE. 26
181-
182- (H) (G) IN ADDITION TO INFORM ATION ON THE INITIATIVE INCLUDED I N 27
183-THE ANNUAL REPORT OF THE CORPORATION UNDER § 10–415 OF THIS SUBTITLE,: 28
184-
185- (1) ON OR BEFORE JANUARY 1, 2026, THE CORPORATION SHALL 29
186-REPORT TO THE GOVERNOR AND , IN ACCORDANCE WITH § 2–1257 OF THE STATE 30
187-GOVERNMENT ARTICLE, THE GENERAL ASSEMBLY ON SIMILAR P ROGRAMS IN 31
188-NEIGHBORING STATES A ND THE POTENTIAL ECO NOMIC BENEFITS AND C OSTS OF 32 HOUSE BILL 799 5
189-
190-
191-EXPANDING THE INITIATIVE TO ALL PUB LIC AND PRIVATE NONP ROFIT 1
192-INSTITUTIONS OF HIGH ER EDUCATION OPERATI NG IN THE STATE; AND 2
193-
194- (2) ON OR BEFORE JULY 1, 2028, THE CORPORATION SHALL REP ORT 3
195-TO THE GENERAL ASSEMBLY, IN ACCORDANCE WITH § 2–1257 OF THE STATE 4
196-GOVERNME NT ARTICLE, ON THE IMPLEMENTATIO N OF THE PROGRAM. 5
197-
198- SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 6
199-1, 2025. It shall remain effective for a period of 3 years and, at the end of June 30, 2028, 7
200-this Act, with no further action required by the General Assembly, shall be abrogated and 8
201-of no further force and effect. 9
138+ (V) FOSTER COLLABORATION BETWEEN THE ELIGIBLE 29
139+UNIVERSITY AND AN IN DUSTRY PARTNER , INCLUDING: 30 4 HOUSE BILL 799
202140
203141
204142
143+ 1. PRODUCT DEVELOPMENT WITH COMMERCIALIZATI ON 1
144+POTENTIAL; AND 2
205145
206-Approved:
207-________________________________________________________________________________
208- Governor.
209-________________________________________________________________________________
210- Speaker of the House of Delegates.
211-________________________________________________________________________________
212- President of the Senate.
146+ 2. MATCHING FUNDS PROVI DED BY THE INDUSTRY 3
147+PARTNER. 4
148+
149+ (F) (1) THE INITIATIVE SHALL DEVE LOP CRITERIA TO REVI EW, 5
150+EVALUATE, AND RATE PROJECT PRO POSALS FOR FUNDING U NDER THE PROGRAM. 6
151+
152+ (2) THE EXECUTIVE DIRECTOR SHALL DISTRI BUTE GRANTS TO 7
153+PROJECTS BASED ON TH E CRITERIA DEVELOPED IN ACCORDANCE WITH P ARAGRAPH 8
154+(1) OF THIS SUBSECTION . 9
155+
156+ (G) (1) FOR FISCAL YEARS 2027 AND 2028, THE GOVERNOR SHALL 10
157+INCLUDE IN THE ANNUA L BUDGET BILL AN APP ROPRIATION OF $500,000 FOR THE 11
158+PROGRAM. 12
159+
160+ (2) THE FUNDING PROVIDED IN THIS SUBSECTION S HALL BE USED TO 13
161+SUPPLEMENT , NOT SUPPLANT , ANY FUNDS THAT WOULD OTHERWISE BE PROVIDE D 14
162+TO THE INITIATIVE. 15
163+
164+ (H) IN ADDITION TO INFORM ATION ON THE INITIATIVE INCLUDED I N THE 16
165+ANNUAL REPORT OF THE CORPORATION UNDER § 10–415 OF THIS SUBTITLE, ON OR 17
166+BEFORE JULY 1, 2028, THE CORPORATION SHALL REP ORT TO THE GENERAL 18
167+ASSEMBLY, IN ACCORDANCE WITH § 2–1257 OF THE STATE GOVERNMENT ARTICLE, 19
168+ON THE IMPLEMENTATIO N OF THE PROGRAM. 20
169+
170+ SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 21
171+1, 2025. It shall remain effective for a period of 3 years and, at the end of June 30, 2028, 22
172+this Act, with no further action required by the General Assembly, shall be abrogated and 23
173+of no further force and effect. 24