2025 Regular SessionMaryland Legislature

HB97: Economic Development - County or Municipal Corporation Economic Development Authority - Powers and Use of Proceeds

Legislative 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; expanding the authorized uses of tax increment proceeds; etc.

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

9/11/2024
Pre-filed
House of Delegates
1/8/2025
First Reading Ways and Means and Environment and Transportation
House of Delegates
1/13/2025
Hearing 1/30 at 1:00 p.m. (Ways and Means)
House of Delegates
1/17/2025
Hearing canceled (Ways and Means)
House of Delegates
1/31/2025
Hearing 2/20 at 1:00 p.m. (Ways and Means)
House of Delegates

Status Information

Current Status
Introduced(9/11/2024)
Chamber
House of Delegates
Committee
Ways and Means(House of Delegates)

Sponsors

Democrat: 1

Primary Sponsor

Lily Qi
Lily Qi
Democrat

Documents

Introduced
Bill Text1/2/2025273.5 KB