Bill > HB1467

This bill modifies existing Maryland law regarding local finance and special taxing districts, specifically focusing on erosion prevention and control projects in Anne Arundel County. The bill requires that any interest earnings generated from money deposited in a taxing and assessment district be credited directly back to that district. It clarifies that certain provisions of the existing law do not apply to specific planning, permitting, and cost estimation activities for erosion projects in Anne Arundel County. The bill also authorizes entities administering shore erosion control districts to use tax funds for maintaining, repairing, or restoring existing erosion control projects, but requires them to conduct a public hearing before doing so. The new provisions apply to all existing shoreline erosion control projects within the district, regardless of their original funding source. Additionally, the bill includes an emergency clause, indicating that it is necessary for immediate public health or safety and will take effect immediately upon enactment, having been passed by a three-fifths majority in both legislative houses.

Budget and Finance, Transportation and Infrastructure

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1467?ys=2025RS