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
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
First Reading Finance
Feb 2, 2026 · Senate
Hearing 3/05 at 1:00 p.m.
Feb 12, 2026 · Senate
Favorable with Amendments Report by Finance
Mar 23, 2026 · Senate
Favorable with Amendments {
Mar 23, 2026 · Senate
Second Reading Passed with Amendments
Mar 23, 2026 · Senate
Third Reading Passed
Mar 23, 2026 · Senate
Referred Economic Matters Ways and Means
Mar 24, 2026 · House of Delegates
Hearing 3/31 at 1:00 p.m. (Economic Matters)
Mar 24, 2026 · House of Delegates
Sponsored by Jim Rosapepe
Senate vote — 43–0
On Third Reading · Mar 7, 2026 · result: pass
43 yea · 0 nay · 4 absent, excused, abstain or not voting
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.