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SB 287

Maryland - Session 2026

Senate passed_upper 2026-04-10
Tax / Budget / Appropriations
Bill Details

Title: Economic Development - Tax Increment Financing - Noncontiguous Areas

Summary

Authorizing the governing body of a political subdivision to designate certain noncontiguous blighted areas as development districts; and defining "blighted area" as one in which a majority of buildings have declined in productivity by reason of obsolescence, depreciation, or other causes to an extent that they no longer justify fundamental repairs and adequate maintenance.

Sponsor
Senator McCray
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Status passed_upper
2026-01-21 Introduced Bill introduced
2026-04-10 Latest Action In the House - Second Reading Passed
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