Legislation - SB0455

Title: Economic Development - Transformational Project Financing Program - Establishment
Sponsored by: Senator Rosapepe
Status: In the Senate - First Reading Finance
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:: Finance

Details

Cross-filed with: HB0506

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/02/2026 Legislative Date 2/02/2026 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development - Transformational Project Financing Program - Establishment Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/02/2026	2/02/2026	First Reading Finance
			Text - First - Economic Development - Transformational Project Financing Program - Establishment

File Code

Subjects

Statutes