Maryland House Bill 506: Economic Development - Transformational Project Financing Program - Establishment

Maryland · 2026 Regular Session

What it does

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.

Latest action

Hearing 2/24 at 1:00 p.m. (Economic Matters) (2026-02-03)

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