Maryland legislation · 2026 Regular Session
Maryland HB1473: Economic Development - Maryland's Future Board - Establishment
Status: Signed into law, May 12, 2026
Establishing the Maryland's Future Board under the Department of Commerce to develop, evaluate, and revise a visionary plan for the future of Maryland by January 1, 2027; requiring the Board to make recommendations for projects based on the plan to the Governor and the General Assembly by August 1, 2027 and each August 1 thereafter; establishing the Maryland's Future Fund; and requiring the Comptroller to study economic growth trends for certain industries and report to the General Assembly by December 1, 2026.
What the bill says
An act concerning Economic Development - Maryland's Future Board - Establishment FOR the purpose of establishing the Maryland's Future Board under the Department of Commerce to develop, evaluate, and revise a certain visionary plan for the future of Maryland by a certain date and make recommendations for projects based on the plan to the Governor and the General Assembly; establishing the Maryland's Future Fund as a special, nonlapsing fund; requiring interest earnings of the Fund to be credited to the Fund…
From the enrolled text, May 18, 2026:
AN ACT concerning Economic Development - Maryland's Future Board - Establishment FOR the purpose of establishing the Maryland's Future Board under the Department of Commerce to develop, evaluate, and revise a certain visionary plan for the future of Maryland by a certain date and make recommendations for projects based on the plan to the Governor and the General Assembly; establishing the Maryland's Future Fund as a special, nonlapsing fund; requiring interest earnings of the Fund to be credited to the Fund; requiring the Comptroller to study the trends for certain industries and report to the General Assembly on or before a certain date; and generally relating to the Maryland's Future Board. BY adding to Article - Economic Development Section 2.5-301 through 2.5-305 to be under the new subtitle "Subtitle 3. Maryland's Future Board" Annotated Code of Maryland (2024 Replacement Volume and 2025 Supplement) BY repealing and reenacting, without amendments, Article - State Finance and Procurement Section 6-226(a)(2)(i) and (ii) Annotated Code of Maryland (2021 Replacement Volume and 2025 Supplement) BY repealing and reenacting, with amendments, Article - State Finance and Procurement Section 6-226(a)(2)(iii)212. and 213. Annotated Code of Maryland (2021 Replacement Volume and 2025 Supplement) BY adding to Article - State Finance and Procurement Section 6-226(a)(2)(iii)214. Annotated Code of Maryland (2021 Replacement Volume and 2025 Supplement) BY repealing and reenacting, …