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<section article="gec" article_name="Economic Development" number="2.5-301" effective_note="EFFECTIVE UNTIL JUNE 30, 2031 PER CHAPTERS 377 AND 378 OF 2026" title_number="2.5" title_name="Department of Commerce" subtitle_number="3">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“Board” means the Maryland’s Future Board.</text>
  </level>
  <level label="c">
    <text>“Fund” means the Maryland’s Future Fund.</text>
  </level>
  <level label="d">
    <text>“Project” includes:</text>
    <level label="1">
      <text>an allocation of funds in the operating budget of the State;</text>
    </level>
    <level label="2">
      <text>an allocation of funds in the capital budget of the State; and</text>
    </level>
    <level label="3">
      <text>the implementation of any policy that will advance the State’s socioeconomic wellbeing and resiliency.</text>
    </level>
  </level>
  <level label="e">
    <text>“Visionary plan” means a plan that envisions a State that is equitable, prosperous, livable, and provides opportunities for all residents to thrive, including:</text>
    <level label="1">
      <text>a forward–thinking strategy that would incorporate core values and principles as envisioned by the Board;</text>
    </level>
    <level label="2">
      <text>a strategy that covers broadly issues that the State faces;</text>
    </level>
    <level label="3">
      <text>a strategy that is not constrained by existing technology, infrastructure, or fiscal conditions of the State; and</text>
    </level>
    <level label="4">
      <text>strategies that imagine future trends in the following areas:</text>
      <level label="i">
        <text>robotics and automation;</text>
      </level>
      <level label="ii">
        <text>artificial intelligence;</text>
      </level>
      <level label="iii">
        <text>advanced manufacturing;</text>
      </level>
      <level label="iv">
        <text>data aggregations; and</text>
      </level>
      <level label="v">
        <text>other industry disruptive technologies.</text>
      </level>
    </level>
  </level>
</section>
