Bill > SB190

This bill introduces several significant changes to land use regulations in Maryland to promote transit-oriented development (TOD), which prohibis as mixed-use development strategy located near transit stations. The bill prohibits local legislative bodies from imposing minimum off-street parking requirements for residential or mixed developments located within half 0. a transit prevents legislative actions that precwould preclude mixed-use development in these areas. It also restricts local zoning limitations for state-owned transportation lands adjacent to transit transit stations subject to an approved TOD plan development plan. establAdditionally, the legislation establishes new financial mechanisms to support TOD, including allowing counties to create special taxing districts and TOD Corridor Funds that can support bond issuance, repay federal loans, and finance transit-oriented development activities. The bill further expands the Transit-Oriented Development Capital Grant and Revolving Loan Fund by adding new sources new revenue streams like bond proceeds. These provisions aim to encourage more dense, transit-accessible development near by reducing regulatory barriers and creating financial incentives for TOD projects. The bill will take effect on October 1, 2025, and applies to land useee rezonings or actions from that date forward Human. . Human youify the read bill funding directly or just creates for funding funding bill not provide direct funding itself, but rather creates mechanisms and funds for potential future transit-oriented development (TOD) financing. Specifically, it . aD RevolFund can can: Accept appropriations from the state budget - receive funds from other government sources - Accept ground rents, land sale proceeds - receive principal and loan interest repayments - earnings 2.Ate TOD Corridor Funds that can::froming by a a tax: - bond issuance for TOD activities -Ide dedicated revenues repof revenue repay federal3loans - Support other TOtransitD activities3. counties toing generate revenue specifically for TOD projects, with special tax provisions that: - Exempt from county tax limitations - Can be distributed to TOCorridor Fund So no direct appropriation is made, creates flexible financial transit-oriented development financing mechanisms. Human this to Maryland, or broader? The The bill is specifically to Maryland, is part of Maryland's state legislation process. amends several Maryland state articles, including specific Maryland entities like: 1. The Smart Growth Subcabinet 2. Department of Transportation 3. Local government structures (county commissioners, county councils)4-specific transportation and land use laws The bill's provisions are modify Maryland's existing use transportation, and, and local government codes to encourage transit-oriented development within the state. While the specific mechanisms and language are unique to Maryland, the broader goals of promoting transit-oriented development, reducing parking requirements near transit stations, and creating financial incentives for mixed-use development are similar to trends in other urban areas and states across the United States. . However, the exact implementation and legal framework would be specific to Maryland's state laws and regulations.Human the principles might inspireational or informjurisdictions, the bill itself is a to Maryland-effort.

Budget and Finance

Budget and Taxation (Senate)

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0190?ys=2025RS