Bill > HB1452

This bill establishes the Suitland Development Authority in Prince George's County to revitalize the area around the Suitland Road and Silver Hill Road intersection, which has experienced decades of low housing and economic development and contains deteriorated or blighted areas. The Authority, a governmental instrumentality, will be managed by a Board of Directors composed of state and county officials, legislative appointees, and community members, and will be responsible for supporting and developing a neighborhood revitalization plan in coordination with local residents. The Authority is authorized to modify the boundaries of the target revitalization area with a majority vote and must report its revitalization strategy to the Governor and legislative committees by December 15, 2027. The bill also outlines the Authority's powers, including making loans and grants, acquiring property, and entering into contracts, while also specifying its financial management and reporting requirements, and exempting it from certain taxes and procurement laws, with the exception of specific provisions related to public ethics and financial oversight. The Act takes effect on October 1, 2026.

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https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1452?ys=2026RS