2025 Regular Session • Maryland Legislature
HB942: Economic Development - Tax Increment Financing - Noncontiguous Areas
Legislative Summary
Authorizing the designation of certain noncontiguous areas as development districts; and requiring the governing body of a political subdivision to limit redevelopment of noncontiguous parcels within a development district for affordable housing that is deed restricted to households whose household income does not exceed 80% of area median income.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
1/31/2025
First Reading Ways and Means
House of Delegates
1/31/2025
Hearing 2/20 at 1:00 p.m.
House of Delegates
3/14/2025
Favorable with Amendments Report by Ways and Means
House of Delegates
3/14/2025
Favorable with Amendments {783125/1 Adopted
House of Delegates
3/14/2025
Second Reading Passed with Amendments
House of Delegates
3/14/2025
Third Reading Passed (132-5)
House of Delegates
3/17/2025
Referred Budget and Taxation
Senate
3/24/2025
Hearing 3/27 at 1:00 p.m.
Senate
Amendments
Favorable with Amendments 783125/1
Favorable with Amendments 783125/1
3/14/2025Not Adopted
Roll Call Votes
Third Reading Passed
3/14/2025
132
Yea
5
Nay
2
Not Voting
2
Absent
Result: PASSED
Status Information
Current Status
Engrossed(3/14/2025)
Chamber
Senate
Committee
Budget and Taxation(Senate)
Sponsors
Democrat: 1
Primary Sponsor
Matthew Schindler
Democrat