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HB 898

Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act

2026 Regular Session Introduced by Nick Allen and 41 co-sponsors

Maryland's DECADE Act aims to boost state economic competitiveness through targeted development efforts, now in initial committee review.

Passed Enrolled
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WeVote Research Nonpartisan
Bill Summary · HB 898

Legislative bill overview

HB 898, the DECADE Act, is an economic development bill introduced in Maryland's House of Delegates that aims to enhance the state's economic competitiveness through targeted development efforts. The bill was assigned to the Economic Matters Committee for initial review as of February 4, 2026. While the full legislative text details are not provided, the acronym suggests a comprehensive approach to economic advancement and business development initiatives.

Why is this important

Economic development legislation directly affects job creation, business investment, and tax revenue in Maryland. These bills can influence whether companies choose to locate or expand in the state, which impacts employment opportunities and the overall economic health of communities. The bill's early stage in the legislative process means stakeholders now have opportunity to shape its final form.

Potential points of contention

  • Definition of "competitiveness": Unclear whether the bill prioritizes specific industries, regions, or sectors, which could create winners and losers among different Maryland communities and business types
  • Public investment vs. private benefit: Questions about whether public funds, tax incentives, or regulatory changes disproportionately benefit large corporations versus small businesses or underserved communities
  • Accountability and measurable outcomes: Whether the bill includes clear performance metrics and oversight mechanisms to ensure economic development spending actually delivers promised benefits, or if funds could be misallocated without consequences

Compiled from official sources — confirm details with the bill’s official record.

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