---
type: "Bill"
title: "Maryland Technology Development Corporation - Equitech Growth Fund and Commission"
description: "Maryland Technology Development Corporation - Equitech Growth Fund and Commission"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2023"
identifier: "SB 699"
citation: "Maryland SB 699 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Augustine", "Beidle", "Elfreth", "Feldman", "Griffith", "Guzzone", "King", "McCray", "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/dc9a242c-0622-4c2f-bfc6-98f1cad497b0"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0699?ys=2023RS&search=True"
source_hash: "1e6cd7a231963e4dfe0d2b977d935ccd41abcd2aedcdd24de9098758f058e087"
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 699 (2023) — Maryland Technology Development Corporation - Equitech Growth Fund and Commission

## Version chain

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

1. **Chapter - Maryland Technology Development Corporation - Equitech Growth Fund and Commission** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_461_sb0699t.pdf)
2. **First - Maryland Technology Development Corporation - Equitech Growth Fund and Commission** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0699f.pdf)
3. **Third - Maryland Technology Development Corporation - Equitech Growth Fund and Commission** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0699t.pdf)

## Sponsors

- Augustine — primary (person)
- Beidle — primary (person)
- Elfreth — primary (person)
- Feldman — primary (person)
- Griffith — primary (person)
- Guzzone — primary (person)
- King — primary (person)
- McCray — primary (person)
- Zucker — primary (person)

## Timeline

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

- **2023-02-06** First Reading Finance and Budget and Taxation `referral-committee`
- **2023-02-08** Hearing 3/07 at 1:00 p.m. (Finance)
- **2023-03-20** Favorable with Amendments Report by Finance `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 Appropriations `referral-committee`
- **2023-03-21** Hearing 3/30 at 1:00 p.m. (Ways and Means)
- **2023-04-04** Favorable Report by Ways and Means `committee-passage-favorable`
- **2023-04-04** Favorable Adopted Second Reading Passed `committee-passage-favorable`
- **2023-04-05** Third Reading Passed `passage`
- **2023-04-06** Returned Passed
- **2023-05-08** Approved by the Governor - Chapter 461 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/dc9a242c-0622-4c2f-bfc6-98f1cad497b0`. Confidence: reported (aggregated from official Maryland legislature records).