Bill > HB235

This bill modifies the Neighborhood Business Development Program, which provides financial assistance to small businesses, nonprofit organizations, and microenterprises. Previously, the program required the Department of Housing and Community Development to notify the local political subdivision where a project was proposed and could not approve an application unless that subdivision approved it by resolution or letter within 45 days, with an exception if no response was received. This bill removes that requirement for local political subdivision approval, meaning the Department can now approve applications without needing explicit consent from the local government, although the 45-day waiting period for a response is also eliminated. The bill also specifies that this change will take effect on July 1, 2026.

Business and Industry

Economic Matters (House)

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0235?ys=2026RS