Maryland Senate Bill 287: Economic Development - Tax Increment Financing - Noncontiguous Areas

Maryland · 2026 Regular Session

What it does

Authorizing the governing body of a political subdivision to designate certain noncontiguous blighted areas as development districts; and defining "blighted area" as one in which a majority of buildings have declined in productivity by reason of obsolescence, depreciation, or other causes to an extent that they no longer justify fundamental repairs and adequate maintenance.

Latest action

Favorable Adopted Second Reading Passed (2026-04-08)

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