Legislation - HB0506

Title: Economic Development - Transformational Project Financing Program - Establishment
Sponsored by: Delegates Qi, Boyce, Fair, Lewis, Queen, Schindler, Solomon, Spiegel, Wolek, and Wu
Status: In the House - Reassigned to Economic Matters and Ways and Means
Analysis

Synopsis

Establishing the Transformational Project Financing Program in the Maryland Economic Development Corporation to designate certain development districts as State-supported development districts; authorizing a governing body of a political subdivision to apply to the Corporation for approval as a State-supported development district; requiring the Corporation to publish at least annually a summary of approved State-supported development districts; providing for the eligibility for and calculation of certain State revenue; etc.

Committees

Original:: Economic Matters; Ways and Means

Details

Cross-filed with: SB0455

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber House Calendar Date 1/27/2026 Legislative Date 1/27/2026 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development - Transformational Project Financing Program - Establishment Proceedings
Chamber House Calendar Date 1/30/2026 Legislative Date 1/30/2026 Action Reassigned to Economic Matters Ways and Means Proceedings 12 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/27/2026	1/27/2026	First Reading Economic Matters
			Text - First - Economic Development - Transformational Project Financing Program - Establishment
House	1/30/2026	1/30/2026	Reassigned to Economic Matters Ways and Means	12 Click to view Recorded Media

File Code

Subjects

Statutes