Bill > SB575

This bill authorizes the Maryland Stadium Authority, referred to as the "Authority," to play a significant role in the development and financing of a Charles County Sports and Wellness Center. Specifically, the Authority will be empowered to review and make recommendations regarding the project, acquire and finance the site for the center, and establish a dedicated fund for its purposes. A key provision requires the Authority to secure a written agreement with Charles County for the transfer of ownership of the completed center, outlining the county's responsibilities for operation, maintenance, and financial management, all subject to approval by the Board of Public Works. The bill also sets a bond issuance limit for the center and establishes that interest earned on the Charles County Sports and Wellness Center Fund will accrue to that fund, rather than the State's General Fund, and the Act is set to take effect on October 1, 2026.

Budget and Finance

Charles County Senators (Other)

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0575?ys=2026RS