Prince George's County - Tax Increment Financing - Extraordinary Development District - Alterations PG 425-26

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill changes the definition of an "extraordinary development district" to include sites for immersive entertainment venues and permits bond proceeds to fund their acquisition, construction, or rehabilitation. It also lets the Maryland–National Capital Park and Planning Commission pledge certain tax revenues as security for those bonds, once the county and commission adopt required resolutions. The changes aim to attract high‑cost, high‑tech entertainment projects that can generate jobs and tax revenue.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Hearings

• Budget and Taxation — Bill Hearing
  Budget and Taxation · Apr 1, 2026
• Senate Budget and Taxation Committee
  Senate Budget and Taxation Committee · Apr 1, 2026
• Ways and Means — Bill Hearing
  Ways and Means · Feb 26, 2026

History

1. Apr 28, 2026Approved by the Governor - Chapter 348
2. Apr 13, 2026Third Reading Passed
3. Apr 13, 2026Second Reading Passed with Amendments
4. Apr 13, 2026Passed Enrolled
5. Apr 13, 2026House Concurs Senate Amendments
6. Apr 13, 2026Favorable with Amendments {
7. Apr 10, 2026Favorable with Amendments Report by Budget and Taxation
8. Mar 25, 2026Hearing 4/01 at 1:15 p.m.
9. Mar 19, 2026Referred Budget and Taxation
10. Mar 18, 2026Third Reading Passed
11. Mar 17, 2026Second Reading Passed with Amendments
12. Mar 17, 2026Favorable with Amendments {

The 12 most recent of 15 recorded actions.

Sponsors

• Prince George's County Delegation · sponsor

Bill text

Opens the legislature’s own copy.

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