SB0248 — Maryland Technology Development Corporation - Investments - Alterations
Last action — First Reading (Opposite House)
-
1Introduced
-
2In Committee
-
3Passed Senate
-
4Passed House of Delegates
-
5To Executive
-
6Enacted
This bill has been introduced in the Senate. Introduced January 16, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
-
Introduced
Current position in the legislative process.
-
1 sponsor
1 primary, 0 co-sponsors signed on.
-
Single-party support
Sponsorship is currently within one party (1 D).
-
Cleared a recorded vote
Passed 1 recorded vote so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Requiring the Maryland Technology Development Corporation to adopt certain regulations regarding the consideration of remedies for investments in certain businesses that no longer meet the definition of a qualified business for purposes of provisions of law governing the Corporation; authorizing, rather than requiring, the Corporation to divest itself of an interest under certain circumstances; and authorizing the Corporation to pursue certain other remedies under those circumstances.
Bill Text
We don't have the full text on file for this bill yet.
Read SB0248 on the official Maryland source →Action History
-
First Reading (Opposite House)
-
Third Reading (House of Origin) — Passed
-
Committee Report (House of Origin) — Favorable
-
Second Reading (House of Origin) — Passed
-
Hearing (Primary, House of Origin)
-
First Reading (House of Origin)
Sponsors
- Senator Pamela Beidle · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 187 not signed on
Sponsors (1)
- Senator Pamela Beidle Democrat
Co-sponsors (0)
None.
Not signed on (187)
187 members have not signed on to this bill.
Show all 187 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 0 | 0 | 0 |
| Democrat | 26 | 0 | 0 | 3 |
| Republican | 12 | 0 | 0 | 0 |
| Total | 44 | 0 | 0 | 3 |
| % of votes cast | 94% | 0% | 0% | 6% |
How each member voted (47)
Subjects
Frequently asked questions
- What does SB0248 do?
- Requiring the Maryland Technology Development Corporation to adopt certain regulations regarding the consideration of remedies for investments in certain businesses that no longer meet the definition of a qualified business for purposes of provisions of law governing the Corporation; authorizing, rather than requiring, the Corporation to divest itself of an interest under certain circumstances; and authorizing the Corporation to pursue certain other remedies under those circumstances.
- Who sponsors SB0248?
- SB0248 is sponsored by Senator Pamela Beidle (Democrat).
- What is the current status of SB0248?
- This bill has been introduced in the Senate. Introduced January 16, 2026. It must pass committee before a floor vote.
- Where can I track SB0248?
- Track SB0248 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on SB0248
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of SB0248
Last checked for changes about 18 hours ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →