Bill > HB637

This bill modifies the calculation of capital grants from the Transportation Trust Fund's Gasoline and Motor Vehicle Revenue Account, specifically changing the percentage of funds allocated to Baltimore City, counties, and municipalities starting in fiscal year 2026. Currently, the law provides gradually increasing percentages of funding for these entities from fiscal years 2020 to 2025. Beginning in fiscal year 2026, the bill proposes significant changes: Baltimore City's allocation will increase from 9.5% to 12.1%, county allocations will dramatically rise from 3.7% to 15.3%, and municipal allocations will slightly increase from 2.4% to 2.6%. These capital grants will continue to be subject to existing conditions that prioritize debt service requirements and departmental operating expenses, ensuring that such grants are only made when sufficient funds are available. The changes are part of a broader effort to adjust transportation funding distribution across different levels of government, with the modifications set to take effect on July 1, 2025.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0637?ys=2025RS