ANNAPOLIS, MD—Maryland Governor Wes Moore signed legislation this week that officials say will to help make the state more competitive by addressing concentrated poverty, improving predictability for business growth, and increasing transparency in government.
The three new laws enacted during the third bill signing ceremony of 2024 are aimed at improving the quality of life for Marylanders, particularly those in marginalized communities impacted by concentrated poverty.
“We are data-driven and heart-led in everything we do. Today, Marylanders are moving in partnership to build a more competitive state through historic legislation designed to lift everyone up and leave no one behind,” said Gov. Moore. “This package of bills will help us create a more hospitable business environment, break cycles of intergenerational poverty, and create new pathways to work, wages, and wealth for all.”
The first law, the ENOUGH Act, will provide resources to communities through partnerships to break cycles of intergenerational poverty and create new pathways to work, wages, and wealth.
The second law, the Critical Infrastructure Streamlining Act, will remove barriers to Maryland’s technology infrastructure growth by streamlining the regulatory processes for industries that rely on backup power generators in the event of power outages. The act aims to make Maryland an ideal location for businesses in the growing Mid-Atlantic technology industry.
The third law, the Transparent Government Act, will improve predictability for entrepreneurs and businesses seeking to grow in Maryland. The act requires state agencies to establish and publicize projected timelines for licensing and permitting applications, allowing business owners to plan accordingly for business growth.
These new laws are expected to positively impact the lives of Marylanders by creating a more hospitable business environment and improving the predictability of business growth. The legislation is part of a broader package of initiatives aimed at improving the quality of life for Marylanders and creating a more inclusive and prosperous future for the state.
Governor Moore also signed into law the Horse Racing-Racing Facility Ownership and Construction Racing Operations Bill, which authorizes the transfer of ownership and operation of thoroughbred racing facilities in the State from Maryland Jockey Club to the Maryland Thoroughbred Racetrack Operating Authority.
This article was written with the assistance of AI and reviewed by a human editor.
Photo via the Maryland Governor’s Office
