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HB0027

Maryland Long COVID Innovation Grant and Loan Program

Last scannedAug 22, 2026, 4:24 AM

In one sentence

This law requires the Maryland Technology Development Corporation to create a program that gives grants and loans for research, product development, and manufacturing related to treating Long COVID.

What it does

  • Creates a new grant and loan program managed by the Maryland Technology Development Corporation.
  • Establishes the Maryland Long COVID Research Fund as a special account where money does not expire at the end of the year.
  • Requires the Corporation to contract with an independent committee of scientific experts to review research proposals.
  • Sets rules for how grants and loans are awarded, monitored, and returned if goals are not met.
  • Mandates that any interest earned on the fund's money must be added back into the fund.

Who it affects

  • The Maryland Technology Development Corporation
  • Public and private entities in Maryland applying for research funding
  • Scientific experts serving on the independent review committee

Limits and unknowns

  • The law does not specify how much total money will be put into the fund, only that it comes from state budgets or other accepted sources.
  • Specific details on application deadlines and exact grant amounts are left for future regulations to decide.

Plain language

Terms to know

Long COVID Innovation
Research, product development, and manufacturing in Maryland related to treating Long COVID using money from this fund.
Nonlapsing Fund
A special account where unused money stays available for future use instead of being returned at the end of a budget year.

Official record

Sources

Source attached

Official summary

Requiring the Maryland Technology Development Corporation to establish a grant and loan program to provide grants and loans for Long COVID innovation; requiring the Corporation to contract with an independent review committee composed of scientific experts in the field of Long COVID; establishing the Maryland Long COVID Research Fund under the administration of the Corporation as a special, nonlapsing fund; and requiring that the interest earnings of the Fund be credited to the Fund.

Official activity

Bill history

  1. In the House - Hearing 2/10 at 2:30 p.m.