// EFFECTIVE UNTIL JUNE 30, 2020 PER CHAPTER 713 OF 2016 //
(a) The Board of Regents shall develop and implement a plan to enhance the Office of Technology Transfer at the University.
(b) At the request of the Board of Regents, the Maryland Technology Development Corporation shall provide technical assistance to the Office of Technology Transfer.
(c) For each of fiscal years 2018 through 2020, the Governor shall include in the annual budget bill an appropriation of $1,000,000 to the University to:
(1) Enhance the Office of Technology Transfer; and
(2) Increase the capacity of the Office to move technology into the marketplace.
(d) On or before December 1, 2016, and each year thereafter, the Board of Regents shall report to the Governor and the General Assembly, in accordance with § 2–1257 of the State Government Article, on the implementation of the plan to enhance the Office of Technology Transfer and on the capacity of the Office to move technology into the marketplace.
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