# Economic Development (GEC)

## Title 2.5. Department of Commerce

### Subtitle 3

#### Section 2.5-301

(a) In this subtitle the following words have the meanings indicated.

(b) "Board" means the Maryland's Future Board.

(c) "Fund" means the Maryland's Future Fund.

(d) "Project" includes:

  (1) an allocation of funds in the operating budget of the State;

  (2) an allocation of funds in the capital budget of the State; and

  (3) the implementation of any policy that will advance the State's socioeconomic wellbeing and resiliency.

(e) "Visionary plan" means a plan that envisions a State that is equitable, prosperous, livable, and provides opportunities for all residents to thrive, including:

  (1) a forward-thinking strategy that would incorporate core values and principles as envisioned by the Board;

  (2) a strategy that covers broadly issues that the State faces;

  (3) a strategy that is not constrained by existing technology, infrastructure, or fiscal conditions of the State; and

  (4) strategies that imagine future trends in the following areas:

    (i) robotics and automation;

    (ii) artificial intelligence;

    (iii) advanced manufacturing;

    (iv) data aggregations; and

    (v) other industry disruptive technologies.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)