Legislation - SB0483

Title: Maryland Community Investment Corporation - Establishment (Housing and Community Development Financing Act of 2024)
Sponsored by: The President (By Request - Administration) and Senators Beidle, Brooks, Elfreth, Gile, Hettleman, Lam, Salling, Waldstreicher, M. Washington, and West
Status: In the Senate - Hearing 2/22 at 1:00 p.m. (Education, Energy, and the Environment)
Analysis: Fiscal and Policy Note

Synopsis

Establishing the Maryland Community Investment Corporation as an independent unit to make investments in certain low-income communities; requiring the Corporation to apply for an allocation of federal new markets tax credits; expanding the eligible uses of the Strategic Demolition and Smart Growth Impact Fund to include grants and loans for debt payments and for credit enhancement for certain projects; etc.

Committees

Original:: Education, Energy, and the Environment Click to view Recorded Media; Budget and Taxation

Committee Testimony

Witness List

Details

Cross-filed with: HB0599

Bill File Type: Regular

Effective Date(s): July 1, 2024

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 1/22/2024 Legislative Date 1/22/2024 Action First Reading Education, Energy, and the Environment and Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Community Investment Corporation - Establishment (Housing and Community Development Financing Act of 2024) Proceedings
Chamber Senate Calendar Date 2/02/2024 Legislative Date 2/02/2024 Action Hearing 2/06 at 1:00 p.m. (Education, Energy, and the Environment) Proceedings
Chamber Senate Calendar Date 2/02/2024 Legislative Date 2/02/2024 Action Hearing canceled (Education, Energy, and the Environment) Proceedings
Chamber Senate Calendar Date 2/02/2024 Legislative Date 2/02/2024 Action Hearing 2/22 at 1:00 p.m. (Education, Energy, and the Environment) Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/22/2024	1/22/2024	First Reading Education, Energy, and the Environment and Budget and Taxation
			Text - First - Maryland Community Investment Corporation - Establishment (Housing and Community Development Financing Act of 2024)
Senate	2/02/2024	2/02/2024	Hearing 2/06 at 1:00 p.m. (Education, Energy, and the Environment)
Senate	2/02/2024	2/02/2024	Hearing canceled (Education, Energy, and the Environment)
Senate	2/02/2024	2/02/2024	Hearing 2/22 at 1:00 p.m. (Education, Energy, and the Environment)

File Code

Subjects

Statutes