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Legislation: batch B — IL IN KS KY LA MA MD ME MI MN

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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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---
type: "Bill"
title: "Maryland Technology Development Corporation - Investments and Operations"
description: "Maryland Technology Development Corporation - Investments and Operations"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2019"
identifier: "SB 340"
citation: "Maryland SB 340 (2019)"
classification: ["bill"]
subjects: ["Economic and Community Development", "Auditors and Audits", "Commerce and Business", "Committees and Commissions", "Corporations", "Ethics", "Grants", "Industry and Technology", "Investments", "Legislative Services", "Department of", "Loans", "Public Corporations and Instrumentalities", "Public Information", "Reports", "Revenue and Taxes", "Rules and Regulations", "Small Business"]
status: "enacted"
primary_sponsors: ["Kagan"]
version_count: 1
action_count: 17
vote_count: 3
first_action: "2019-01-30"
last_action: "2019-05-13"
source: "openstates"
source_identifier: "ocd-bill/6ecd8913-3c36-4838-843b-891ca51bd583"
source_url: "http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=SB340&stab=01&pid=billpage&tab=subject3&ys=2019rs"
source_hash: "d23ed63ab4dbbd65bf8461c91f343de8d4b78739ace4f85edcd31716bc7e1bf3"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---
# Maryland SB 340 (2019) — Maryland Technology Development Corporation - Investments and Operations
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Bill Text** (committee substitute) — [source](http://mgaleg.maryland.gov/2019RS/bills/sb/sb0340f.pdf)
## Votes
- On Third Reading — **47–0** (pass) · upper
- On Third Reading — **129–0** (pass) · lower
- On third reading — **45–0** (pass) · upper
## Sponsors
- Kagan — primary (person)
- Augustine — cosponsor (person)
- Feldman — cosponsor (person)
- King — cosponsor (person)
- Peters — cosponsor (person)
- West — cosponsor (person)
- Young — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2019-01-30** First Reading Finance `referral-committee`
- **2019-02-01** Hearing 2/12 at 1:00 p.m.
- **2019-03-27** Favorable with Amendments Report by Finance `committee-passage-favorable`
- **2019-03-27** Favorable with Amendments {707076/1 Report Adopted `committee-passage-favorable`
- **2019-03-27** Second Reading Passed with Amendments
- **2019-03-28** Third Reading Passed (47-0) `passage`
- **2019-03-29** First Reading House Rules and Executive Nominations `referral-committee`
- **2019-03-29** Rereferred to Ways and Means
- **2019-04-01** Hearing 4/03 at 1:00 p.m.
- **2019-04-05** Favorable with Amendments Report by Ways and Means `committee-passage-favorable`
- **2019-04-05** Favorable with Amendments {765367/1 Report Adopted `committee-passage-favorable`
- **2019-04-05** Second Reading Passed with Amendments
- **2019-04-05** Third Reading Passed with Amendments (129-0) `passage`
- **2019-04-08** Senate Concur - House Amendments
- **2019-04-08** Third Reading Passed (45-0) `passage`
- **2019-04-08** Passed Enrolled
- **2019-05-13** Approved by the Governor - Chapter 488 `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6ecd8913-3c36-4838-843b-891ca51bd583`. Confidence: reported (aggregated from official Maryland legislature records).