Legislation

Title: Economic Development - Strategic Infrastructure Revolving Loan Program and Tax Increment Financing
Sponsored by: Delegate Smith
Status: Approved by the Governor - Chapter 449
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Establishing the Strategic Infrastructure Revolving Loan Program in the Maryland Economic Development Corporation to make loans for targeted investments in real estate and infrastructure projects located in sustainable communities, priority funding areas, and transit-oriented development areas; establishing the Strategic Infrastructure Revolving Loan Fund; authorizing the Corporation, with certain approval of a certain governing body, to pledge certain revenues generated within a certain area for certain purposes; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Finance Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): October 1, 2024

History

Legislation History
Chamber House Calendar Date 2/08/2024 Legislative Date 2/08/2024 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/08/2024 Legislative Date 2/08/2024 Action Hearing 2/29 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development - Strategic Infrastructure Revolving Loan Program - Established Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/16/2024 Legislative Date 3/16/2024 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/16/2024 Legislative Date 3/08/2024 Action Favorable with Amendments {113528/1 Adopted Proceedings 47 Click to view Recorded Media
Chamber House Calendar Date 3/16/2024 Legislative Date 3/08/2024 Action Second Reading Passed with Amendments Proceedings 47 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Economic Development - Strategic Infrastructure Revolving Loan Program and Tax Increment Financing Proceedings
Chamber House Calendar Date 3/18/2024 Legislative Date 3/10/2024 Action Third Reading Passed (135-3) Proceedings 49 Click to view Recorded Media
Chamber Senate Calendar Date 3/18/2024 Legislative Date 3/06/2024 Action Referred Finance Proceedings 51 Click to view Recorded Media
Chamber Senate Calendar Date 3/19/2024 Legislative Date 3/19/2024 Action Hearing 3/28 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2024 Legislative Date 4/05/2024 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 4/05/2024 Legislative Date 3/21/2024 Action Favorable Adopted Proceedings 66 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2024 Legislative Date 3/21/2024 Action Second Reading Passed Proceedings 66 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2024 Legislative Date 3/22/2024 Action Third Reading Passed (44-0) Proceedings 67 Click to view Recorded Media
Chamber House Calendar Date 4/06/2024 Legislative Date 3/26/2024 Action Returned Passed Proceedings 65 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/09/2024 Legislative Date 5/09/2024 Action Approved by the Governor - Chapter 449 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Economic Development - Strategic Infrastructure Revolving Loan Program and Tax Increment Financing Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/08/2024	2/08/2024	First Reading Ways and Means
House	2/08/2024	2/08/2024	Hearing 2/29 at 1:00 p.m.
			Text - First - Economic Development - Strategic Infrastructure Revolving Loan Program - Established
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/16/2024	3/16/2024	Favorable with Amendments Report by Ways and Means
House	3/16/2024	3/08/2024	Favorable with Amendments {113528/1 Adopted	47 Click to view Recorded Media
House	3/16/2024	3/08/2024	Second Reading Passed with Amendments	47 Click to view Recorded Media
			Text - Third - Economic Development - Strategic Infrastructure Revolving Loan Program and Tax Increment Financing
House	3/18/2024	3/10/2024	Third Reading Passed (135-3)	49 Click to view Recorded Media
Senate	3/18/2024	3/06/2024	Referred Finance	51 Click to view Recorded Media
Senate	3/19/2024	3/19/2024	Hearing 3/28 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	4/05/2024	4/05/2024	Favorable Report by Finance
Senate	4/05/2024	3/21/2024	Favorable Adopted	66 Click to view Recorded Media
Senate	4/05/2024	3/21/2024	Second Reading Passed	66 Click to view Recorded Media
Senate	4/05/2024	3/22/2024	Third Reading Passed (44-0)	67 Click to view Recorded Media
House	4/06/2024	3/26/2024	Returned Passed	65 Click to view Recorded Media
Post Passage	5/09/2024	5/09/2024	Approved by the Governor - Chapter 449
			Text - Chapter - Economic Development - Strategic Infrastructure Revolving Loan Program and Tax Increment Financing

File Code

Subjects

Statutes