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MarylandSB 03022025 Regular SessionSenate

Maryland Small Business Innovation Research and Technology Transfer Incentive Program - Alterations

Sponsored By: Clarence K. Lam (Democratic)

Signed by Governor

Economic DevelopmentGrantsInvestments -see also- SecuritiesLoans -see also- Credit; Mortgages; Scholarships&SFARevenue and Taxes -see also- (specific tax)Scientific Research -see also- ChemTst; MedRsrch; StudiesSmall Business

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

More research funding options for small businesses

Beginning July 1, 2025, eligible Maryland small businesses can seek matching awards or investments without the former funding caps. Businesses need a federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) award. The old caps were the lesser of 25% of the federal award or $25,000 for Phase I and $75,000 for Phase II. The law also removes the program's yearly limits of 20 Phase I and 10 Phase II awards or investments. Funding remains competitive, is awarded quarterly, and depends on money available in the program's Fund. The Maryland Technology Development Corporation considers the business impact and help bringing research to market, while prioritizing research addressing Maryland public health crises. It also coordinates outreach and assistance with State and county programs, including training and outreach to disadvantaged, minority-owned, women-owned, rural, and first-time applicants.

Small businesses face repeat research funding limits

Beginning July 1, 2025, each small business can receive only one program award or investment per fiscal year. Each business is also limited to three awards or investments in total under this program. These limits apply to Maryland's matching support for federal small-business research awards.

Sponsors & Cosponsors

Sponsor

  • Clarence K. Lam

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 181 • No: 3

House vote • 4/2/2025

Third Reading Passed

Yes: 135 • No: 3 • Other: 1

Senate vote • 2/27/2025

Third Reading Passed

Yes: 46 • No: 0 • Other: 1

Actions Timeline

  1. Approved by the Governor - Chapter 201

    4/22/2025

  2. Returned Passed

    4/3/2025Senate

  3. Third Reading Passed (135-3)

    4/2/2025House

  4. Favorable Adopted Second Reading Passed

    4/2/2025House

  5. Favorable Report by Ways and Means

    4/2/2025House

  6. Hearing 3/20 at 1:00 p.m.

    3/3/2025House

  7. Referred Ways and Means

    2/28/2025House

  8. Third Reading Passed (46-0)

    2/27/2025Senate

  9. Second Reading Passed

    2/25/2025Senate

  10. Favorable Adopted

    2/25/2025Senate

  11. Favorable Report by Finance

    2/24/2025Senate

  12. Hearing 2/13 at 1:00 p.m.

    1/30/2025Senate

  13. First Reading Finance

    1/13/2025Senate

Bill Text

  • Enacted

    4/22/2025

    PDF

  • Third Reading

    2/25/2025

    PDF

  • First Reading

    1/13/2025

    PDF

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