---
type: "Bill"
title: "Maryland Technology Development Corporation - Maryland Equity Investment Fund - Established"
description: "Maryland Technology Development Corporation - Maryland Equity Investment Fund - Established"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2022"
identifier: "SB 885"
citation: "Maryland SB 885 (2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Elfreth", "Griffith"]
version_count: 3
action_count: 14
vote_count: 2
first_action: "2022-02-07"
last_action: "2022-05-16"
source: "openstates"
source_identifier: "ocd-bill/0bdfa187-4efd-48e1-af0c-b5876c859e7e"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0885?ys=2022RS&search=True"
source_hash: "7f6a7e857b579325f2e6374c5cc419b9d4dadc5e72f48b0ce23e7a840c14f6cc"
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 885 (2022) — Maryland Technology Development Corporation - Maryland Equity Investment Fund - Established

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Chapter - Maryland Technology Development Corporation - Maryland Equity Investment Fund - Established** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/Chapters_noln/CH_391_sb0885t.pdf)
2. **First - Maryland Technology Development Corporation - Maryland Equity Investment Fund - Established** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/bills/sb/sb0885f.pdf)
3. **Third - Maryland Technology Development Corporation - Maryland Equity Investment Fund - Established** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/bills/sb/sb0885t.pdf)

## Votes

- On Third Reading — **46–0** (pass) · upper
- On Third Reading — **123–15** (pass) · lower

## Sponsors

- Elfreth — primary (person)
- Griffith — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2022-02-07** First Reading Budget and Taxation `referral-committee`
- **2022-02-10** Hearing 3/10 at 1:00 p.m.
- **2022-03-16** Favorable with Amendments Report by Budget and Taxation `committee-passage-favorable`
- **2022-03-16** Favorable with Amendments { `committee-passage-favorable`
- **2022-03-16** Second Reading Passed with Amendments
- **2022-03-18** Third Reading Passed `passage`
- **2022-03-22** Referred Ways and Means `referral-committee`
- **2022-03-22** Hearing 3/30 at 1:00 p.m.
- **2022-04-05** Favorable Report by Ways and Means `committee-passage-favorable`
- **2022-04-06** Favorable Adopted `committee-passage-favorable`
- **2022-04-06** Second Reading Passed
- **2022-04-07** Third Reading Passed `passage`
- **2022-04-07** Returned Passed
- **2022-05-16** Approved by the Governor - Chapter 391 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0bdfa187-4efd-48e1-af0c-b5876c859e7e`. Confidence: reported (aggregated from official Maryland legislature records).