HB 1371·MD·house
Maryland-Africa and the Caribbean Investment and Development Program - Establishment
FailedFiled Feb 13, 2026
Sponsor: Young
Latest Action
Hearing (House)
Mar 10, 2026
Summary
The bill would establish the Maryland‑Africa and Caribbean Investment and Development Program within the Department of Commerce, along with an advisory board to guide it. It creates a dedicated fund that can give grants, low‑interest loans, and technical assistance to qualifying diaspora‑owned businesses, especially in Northeast Baltimore. The aim is to boost trade, investment, and job creation between Maryland’s African diaspora and the African and Caribbean regions.
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