---
type: "Bill"
title: "Economic Development – Build Our Future Grant Pilot Program and Fund (Innovation Economy Infrastructure Act of 2023)"
description: "Economic Development – Build Our Future Grant Pilot Program and Fund (Innovation Economy Infrastructure Act of 2023)"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2023"
identifier: "SB 549"
citation: "Maryland SB 549 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Administration", "Augustine", "Bailey", "Beidle", "Benson", "Carozza", "Carter", "Corderman", "Elfreth", "Ellis", "Feldman", "Ferguson", "Gile", "Guzzone", "Hester", "Hettleman", "Jackson", "James", "Jennings", "King", "Klausmeier", "McCray", "Muse", "President", "Rosapepe", "Salling", "Sydnor", "Waldstreicher", "Watson", "West", "Zucker"]
version_count: 3
action_count: 13
vote_count: 0
first_action: "2023-02-06"
last_action: "2023-05-08"
source: "openstates"
source_identifier: "ocd-bill/6593e5f0-4464-4918-8c99-3334eba2adea"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0549?ys=2023RS&search=True"
source_hash: "aceef1dfca8fa328e347c73f68b8f2808e90234791233bb5824880d2380f54e6"
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 549 (2023) — Economic Development – Build Our Future Grant Pilot Program and Fund (Innovation Economy Infrastructure Act of 2023)

## Version chain

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

1. **Chapter - Economic Development – Build Our Future Grant Pilot Program and Fund (Innovation Economy Infrastructure Act of 2023)** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_431_sb0549t.pdf)
2. **First - Economic Development – Build Our Future Grant Pilot Program and Fund (Innovation Economy Infrastructure Act of 2023)** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0549f.pdf)
3. **Third - Economic Development – Build Our Future Grant Pilot Program and Fund (Innovation Economy Infrastructure Act of 2023)** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0549t.pdf)

## Sponsors

- Administration — primary (person)
- Augustine — primary (person)
- Bailey — primary (person)
- Beidle — primary (person)
- Benson — primary (person)
- Carozza — primary (person)
- Carter — primary (person)
- Corderman — primary (person)
- Elfreth — primary (person)
- Ellis — primary (person)
- Feldman — primary (person)
- Ferguson — primary (person)
- Gile — primary (person)
- Guzzone — primary (person)
- Hester — primary (person)
- Hettleman — primary (person)
- Jackson — primary (person)
- James — primary (person)
- Jennings — primary (person)
- King — primary (person)
- Klausmeier — primary (person)
- McCray — primary (person)
- Muse — primary (person)
- President — primary (person)
- Rosapepe — primary (person)
- Salling — primary (person)
- Sydnor — primary (person)
- Waldstreicher — primary (person)
- Watson — primary (person)
- West — primary (person)
- Zucker — primary (person)

## Timeline

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

- **2023-02-06** First Reading Budget and Taxation `referral-committee`
- **2023-02-07** Hearing 3/01 at 1:00 p.m.
- **2023-03-20** Favorable with Amendments Report by Budget and Taxation `committee-passage-favorable`
- **2023-03-20** Favorable with Amendments { `committee-passage-favorable`
- **2023-03-20** Second Reading Passed with Amendments
- **2023-03-20** Third Reading Passed `passage`
- **2023-03-21** Referred Ways and Means `referral-committee`
- **2023-03-21** Hearing 3/30 at 1:00 p.m.
- **2023-03-31** Favorable Report by Ways and Means `committee-passage-favorable`
- **2023-03-31** Favorable Adopted Second Reading Passed `committee-passage-favorable`
- **2023-04-03** Third Reading Passed `passage`
- **2023-04-03** Returned Passed
- **2023-05-08** Approved by the Governor - Chapter 431 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6593e5f0-4464-4918-8c99-3334eba2adea`. Confidence: reported (aggregated from official Maryland legislature records).