DISSINTER

SB 455 — Maryland

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.

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

Passed one chamberAAnnotated Code of MarylandApplicants and ApplicationsArt, Music, and Cultural AffairsBaltimore CityBondsCertificationsCommerce and BusinessCommunity DevelopmentComptrollerConstructionDataEconomic DevelopmentEnterprise ZonesEvaluations and ReviewsHousing and Community Development, Department ofIncome TaxIndustry and ManufacturingJurisdictionMass TransitNoticesPlans and ProposalsProperty TaxPublic Corporations and InstrumentalitiesPublicationsReimbursementsReportsRestaurantsRetail SalesRevenue and TaxesRules and RegulationsSales and Use TaxTourismTreasurers

Synopsis written by the legislature's own staff, as published on the official bill page. Status label is derived from the recorded actions. The full text below is the record.

Committees: Finance (Senate); Economic Matters (House of Delegates); Ways and Means (House of Delegates)

Updated Apr 1, 2026

Timeline

  1. First Reading Finance

    Feb 2, 2026 · Senate

  2. Hearing 3/05 at 1:00 p.m.

    Feb 12, 2026 · Senate

  3. Favorable with Amendments Report by Finance

    Mar 23, 2026 · Senate

  4. Favorable with Amendments {

    Mar 23, 2026 · Senate

  5. Second Reading Passed with Amendments

    Mar 23, 2026 · Senate

  6. Third Reading Passed

    Mar 23, 2026 · Senate

  7. Referred Economic Matters Ways and Means

    Mar 24, 2026 · House of Delegates

  8. Hearing 3/31 at 1:00 p.m. (Economic Matters)

    Mar 24, 2026 · House of Delegates

Sponsored by Jim Rosapepe

Fiscal and Policy Note — official analysis by legislative staff (PDF) Bill text (First reading) — Maryland General Assembly (PDF) Bill text (Third reading) — Maryland General Assembly (PDF) Official record — Maryland General Assembly bill page

Official records. Maryland legislators, bills and roll-call votes from the Maryland General Assembly, imported through Open States on Oct 27, 2026 (partial import — not yet the full session). Accuracy review against the official site is still under way. Campaign-finance records for Maryland are not imported yet.