SENATE BILL 63

Sponsored By:

Chair, Budget and Taxation Committee (By Request - Departmental - Transportation)

Entitled:

Transit-Oriented Development - Pledge and Use of Tax Increment Revenues - Operations and Maintenance Funding

Synopsis:

Authorizing the governing body of a political subdivision to use a specified special fund for a development district for direct payment of operation and maintenance costs for specified improvements located in or supporting a transit-oriented development or for specified payments under a specified agreement; authorizing a political subdivision that has created a specified special fund for a development district to use the fund for specified purposes; etc.

History by Legislative and Calendar Date

Senate Action

11/4

Pre-filed

1/13

First Reading Budget and Taxation

Hearing 1/27 at 2:00 p.m.

House Action

No Action

Sponsored by:

Budget and Taxation Committee, Chair

Departmental

Transportation, Department of

Bill indexed under the following Subjects:

Bonds -see also- County & Baltimore City Bonds; State Bonds.

Community Development

Counties -see also- Chartered Counties; Code Counties

Mass Transit -see also- Buses; Railroads

Municipal Corporations -see also- Annap; Balt; Hager; OC

Public Corporations and Instrumentalities

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Zoning and Planning

Bill affects the following Statute:

Economic Development

( 12-209 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered