SB 770 Maryland Senate · 2026 Regular Session

Economic Development - Maryland's Future Board - Establishment

SB 770 establishes the Maryland’s Future Board within the Department of Commerce to create a long-term economic vision for the state. The board must develop, evaluate, and revise a "Visionary Plan" by a specific deadline, focusing on future trends like AI, robotics, and equitable growth, and recommend projects to the Governor and General Assembly. It also creates a nonlapsing "Maryland’s Future Fund" where interest earnings are reinvested to support the plan. The board requires diverse membership (including entrepreneurs, academics, and community leaders) reflecting Maryland’s demographics, with appointments from the Governor, Senate President, and House Speaker.

Bill status signed all 5 stages cleared

Introduction

Feb 2026

Committee Review

Apr 2026

Senate Passage

Apr 2026

House of Delegates Passage

Apr 2026

Signed into Law

May 2026

Introduced Feb 6, 2026 Signed May 12, 2026

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What changed between versions

First - Economic Development - Maryland's Future Board - Establishment → Third - Economic Development - Maryland's Future Board - Establishment · 3 edits

MINOR

The bill was advanced from first to third reading with significant amendments. The most notable change is the addition of the State Comptroller as a mandatory member of the new Maryland's Future Board, replacing the previous appointment by the Senate President. Additionally, the bill's procedural status was updated to reflect adoption and floor amendments, and the explanatory notes regarding formatting were added.

Scope change

The scope of the Board's composition changed by adding a specific government official (the Comptroller) to the membership roster.

ELIGIBILITY

The State Comptroller (or their designee) is now a required member of the Maryland's Future Board, replacing the previous provision for two members appointed by the Senate President.

TIMELINE

The bill's procedural history was updated to show it was adopted, returned for second reading, and adopted again with floor amendments between February and March 2026.

TECHNICAL

New explanatory text was added to clarify that underlining indicates amendments to the bill.

Floor votes · Senate Mar 5, 2026 · House of Delegates Mar 25, 2026

How they voted

42–0

Passed · 7 other

Total votes 49

Mar 5, 2026

D Democratic36

31 Yea 5

86% Yea

R Republican13

11 Yea 2

84% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 12, 2026

Signed into law

Approved by the Governor - Chapter 377

executive

Apr 10, 2026

Upper · Passed

Returned Passed

upper

Apr 10, 2026

Lower · Passed

Third Reading Passed

lower

Apr 8, 2026

Lower · Passed

Favorable Adopted Second Reading Passed

lower

Apr 8, 2026

Lower · Passed

Favorable Report by Economic Matters

lower

Mar 25, 2026

House Of Delegates · Passed

House of Delegates Vote: pass (107-20-15)

house of delegates

Mar 21, 2026

Committee

Referred Economic Matters

lower

Mar 20, 2026

Upper · Passed

Third Reading Passed

upper

Mar 19, 2026

Introduced

Floor Amendment {

upper

Mar 17, 2026

Upper · Passed

Favorable with Amendments {

upper

Mar 16, 2026

Upper · Passed

Favorable with Amendments Report by Finance

upper

Mar 5, 2026

Senate · Passed

Senate Vote: pass (42-0-7)

senate

Feb 6, 2026

Committee

First Reading Finance

upper

2 primary · 0 co-sponsors