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SB 756

Maryland Senate bill in Session 2026.

Status: enacted. Latest action: May 15, 2026.

Baltimore City – Economic Development Project in Downtown RISE District – Payment in Lieu of Taxes.

Bill ID MD-2026-SB-756
Session 2026
Status enacted
Committee Budget and Taxation; Ways and Means
Senate enacted 2026-05-15
Tax / Budget / Appropriations
Summary

Exempting an economic development project located in a certain area of downtown Baltimore City from Baltimore City property taxes if the owner of the economic development project and the Baltimore City Board of Estimates enter into a payment in lieu of taxes agreement and certain other requirements are met; and requiring by January 1 each year, the City of Baltimore or a designated agency to make a certain report to the President of the Baltimore City Council regarding the program.

Sponsor
Senator McCray
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-06 Introduced Bill introduced
2026-05-15 Status enacted
2026-05-15 Latest Action Approved by the Governor - Chapter 146
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