2007 Regular Session


File Code: Economic and Community Development Crossfiled with: HOUSE BILL 659
Sponsored By:
Senators Garagiola, Currie, Forehand, and Madaleno
Maryland Biomedical Product Development Fund


Establishing the Maryland Biomedical Product Development Fund; providing for the purpose of the Fund; specifying that the Fund is a special, nonlapsing fund; specifying that the State Treasurer shall hold the Fund separately and that the Comptroller shall account for the Fund; specifying that specified proceeds shall be invested and reinvested in a specified manner; specifying that specified earnings shall be paid into the Fund; etc.

History by Legislative and Calendar Date

Senate Action
First Reading Finance & Budget and Taxation
Hearing 3/13 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Rob Garagiola, District 15
Senator Ulysses Currie, District 25
Senator Jennie M. Forehand, District 17
Senator Richard S. Madaleno, Jr., District 18

Bill indexed under the following Subjects:

Cigarettes -see also- Smoking
Diseases -see also- AIDS; Rabies
Medical Research
Public Corporations and Instrumentalities
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Smoking -see also- Cigarettes

Bill affects the following Statutes:

Article - 83A Department of Business and Economic Development
( 5-2C-01 , 5-2C-02 , 5-2C-03 , 5-2C-04 )
Tax - General
( 2-1601 , 2-1602 , 2-1603 , 2-1604 , 12-105 )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered