MD SB985 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-02-06 - Hearing 2/21 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-02-06 - Hearing 2/21 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Expanding the acceptable names authorized for an economic development authority established by a county or municipal corporation; expanding the powers of an authority, subject to limitations in the articles of incorporation of the authority; authorizing an authority to issue certain bonds in accordance with certain requirements; and expanding the authorized uses of tax increment proceeds.
Title
Economic Development - County or Municipality Economic Development Authority - Powers and Use of Proceeds
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-06 | Senate | Hearing 2/21 at 1:00 p.m. |
| 2024-02-02 | Senate | First Reading Budget and Taxation |
Same As/Similar To
HB692 (Crossfiled) 2024-01-25 - Hearing 2/15 at 1:00 p.m. (Ways and Means)
Subjects
Administrative Agencies
Baltimore City
Bonds
Boundaries
Commerce and Business
Community Development
Construction
Contracts
Counties
Economic Development
Enterprise Zones
Environmental Matters
Grants
Housing
Insurance
Loans
Local Government - Generally
Motor Vehicles
Municipal Corporations
Names
Parking
Public Works
Real Property
Records
Revenue and Taxes
Utilities
Zoning and Planning
Baltimore City
Bonds
Boundaries
Commerce and Business
Community Development
Construction
Contracts
Counties
Economic Development
Enterprise Zones
Environmental Matters
Grants
Housing
Insurance
Loans
Local Government - Generally
Motor Vehicles
Municipal Corporations
Names
Parking
Public Works
Real Property
Records
Revenue and Taxes
Utilities
Zoning and Planning
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Economic Development | 12 | 101 | (n/a) | See Bill Text |
| Economic Development | 12 | 105 | (n/a) | See Bill Text |
| Economic Development | 12 | 107 | (n/a) | See Bill Text |
| Economic Development | 12 | 109 | (n/a) | See Bill Text |
| Economic Development | 12 | 201 | (n/a) | See Bill Text |
| Economic Development | 12 | 203 | (n/a) | See Bill Text |
| Economic Development | 12 | 204 | (n/a) | See Bill Text |
| Economic Development | 12 | 207 | (n/a) | See Bill Text |
| Economic Development | 12 | 211 | (n/a) | See Bill Text |
| Economic Development | 12 | 212 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0985?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/sb/sb0985f.pdf |
