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HB 229·MD·house

Maryland Transportation Authority - Revenue Bond Limit - Increase

Signed into LawFiled Sep 26, 2025
Sponsor: Chair, Appropriations Committee
Latest Action

Approved by the Governor - Chapter 114

Apr 14, 2026

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 increases the maximum amount of revenue bonds the Maryland Transportation Authority may have outstanding from $4 billion to $5 billion as of June 30 each year. This gives the Authority more borrowing power for toll‑funded transportation projects, while still subtracting any federal TIFIA loans or lines of credit the state has drawn. The change becomes effective on July 1 2026.

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

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Hearings

History

  1. Approved by the Governor - Chapter 114
  2. Third Reading Passed
  3. Returned Passed
  4. Second Reading Passed
  5. Favorable Report by Budget and Taxation
  6. Favorable Adopted
  7. Referred Budget and Taxation
  8. Third Reading Passed
  9. Second Reading Passed
  10. Floor Amendment {
  11. Motion Special Order until 2/11 (Delegate M. Morgan) Adopted
  12. Favorable Adopted

The 12 most recent of 16 recorded actions.

Sponsors

  • Chair, Appropriations Committee · sponsor

Bill text

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