Maryland legislation · 2026 Regular Session
Maryland SB770: 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, and make recommendations for projects based on the plan to the Governor and the General Assembly; establishing the Maryland's Future Fund to fund projects recommended by the Board; and requiring the Comptroller to submit a report on economic growth trends in the State 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, …