STATE BILLMD SB 455ENGROSSED

Economic Development - Transformational Project Financing Program - Establishment

Establishing the Transformational Project Financing Program in the Department of Housing and Community Development to designate certain development districts as State-supported development districts; authorizing a governing body of a political subdivision to apply to the Department for approval as a State-supported development district; requiring the Department 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.

Status: Engrossed; Passed its first chamber
Status date: Mar 23, 2026; 234 days ago
Current chamber: House of Delegates
Session: 2026 Regular Session

MD SB 455 · EngrossedMar 23

Follow the legislation that affects what you sell.

Get started free

Free account · 30-second setup · No credit card

Prefer ChatGPT or Claude? Ask Civic IQ about this bill →

What it means for vendors

Civic IQ reads each bill for what it would fund, require or change for the agencies that buy.

What this bill would fund or requireThe spending and mandates in the bill, in plain languageTop matches free Why it matters for what you sellMatched to your products, with how to open the conversationTop matches free 1 signal from this bill in Civic IQSee them free →

Bill details

Last action: Hearing 3/31 at 1:00 p.m. (Economic Matters) · Mar 24, 2026
Pending committee: Economic Matters

Sponsor

JRJim RosapepeSenator · Democrat · SD-021Primary sponsor

Bill history

Newest first.

Mar 24, 2026Hearing 3/31 at 1:00 p.m. (Economic Matters)House

Mar 24, 2026Referred Economic Matters Ways and MeansHouse

Mar 23, 2026Third Reading Passed (43-0)Senate

Mar 23, 2026Second Reading Passed with AmendmentsSenate

Mar 23, 2026Favorable with Amendments {183128/1 AdoptedSenate

Mar 23, 2026Favorable with Amendments Report by FinanceSenate

Feb 12, 2026Hearing 3/05 at 1:00 p.m.Senate

Feb 2, 2026First Reading FinanceSenate

Recorded vote

Third Reading PassedMar 23, 2026 · Senate · 43 yea · 0 nayPassed

Subjects

Economic Development
Annotated Code of Maryland
Applicants and Applications
Art, Music, and Cultural Affairs
Baltimore City
Bonds
Certifications
Commerce and Business
Community Development
Comptroller
Construction
Data
Enterprise Zones
Evaluations and Reviews
Income Tax
Industry and Manufacturing
Jurisdiction
Mass Transit
Notices
Plans and Proposals
Property Tax
Publications
Public Corporations and Instrumentalities
Reimbursements
Reports
Restaurants
Retail Sales
Revenue and Taxes
Rules and Regulations
Sales and Use Tax
Tourism
Treasurers
Housing and Community Development, Department of

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

View on the legislature's site View on LegiScan

Bill data from LegiScan, licensed under CC BY 4.0.

Work in government? Get Civic IQ free →

State of Maryland profile →