Bill > SB499

This bill increases the percentage of funds from the Gasoline and Motor Vehicle Revenue Account that will be allocated to Baltimore City for capital grants, rising from 9.5% to 12.2%, starting in fiscal year 2028. The Gasoline and Motor Vehicle Revenue Account is part of the Transportation Trust Fund and receives revenue from motor vehicle fuel taxes, vehicle titling taxes, vehicle registration fees, and other related sources. The bill specifies that these capital grants will only be appropriated after ensuring all debt service requirements and departmental operating expenses are fully funded, and sufficient funds are available for the capital program. These changes aim to provide more funding for Baltimore City's transportation infrastructure and capital improvements. The bill will take effect on July 1, 2025, setting the stage for the increased funding allocation beginning in fiscal year 2028.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0499?ys=2025RS