MD SB483 | 2024 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 8-2)
Status: Introduced on January 22 2024 - 25% progression, died in committee
Action: 2024-02-02 - Hearing 2/22 at 1:00 p.m. (Education, Energy, and the Environment)
Pending: Senate Education, Energy, and the Environment Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 22 2024 - 25% progression, died in committee
Action: 2024-02-02 - Hearing 2/22 at 1:00 p.m. (Education, Energy, and the Environment)
Pending: Senate Education, Energy, and the Environment Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishing the Maryland Community Investment Corporation as an independent unit to make investments in certain low-income communities; requiring the Corporation to apply for an allocation of federal new markets tax credits; expanding the eligible uses of the Strategic Demolition and Smart Growth Impact Fund to include grants and loans for debt payments and for credit enhancement for certain projects; etc.
Title
Maryland Community Investment Corporation - Establishment (Housing and Community Development Financing Act of 2024)
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-02 | Senate | Hearing 2/22 at 1:00 p.m. (Education, Energy, and the Environment) |
| 2024-02-02 | Senate | Hearing canceled (Education, Energy, and the Environment) |
| 2024-02-02 | Senate | Hearing 2/06 at 1:00 p.m. (Education, Energy, and the Environment) |
| 2024-01-22 | Senate | First Reading Education, Energy, and the Environment and Budget and Taxation |
Same As/Similar To
HB599 (Crossfiled) 2024-04-25 - Approved by the Governor - Chapter 123
Subjects
Accountants
Attorney General
Attorneys
Auditors and Audits
Awareness and Outreach
Banks and Trust Companies
Commerce and Business
Committees and Commissions
Community Development
complaints
Comptroller
Contracts
Corporations
Credit
Demographics
Disclosure
Diversity, Equity, and Inclusion
Economic Development
Electronic Documents
Electronic Government
Engineers
Ethics
Federal Aid
Federal Government
Forms
General Services, Department of
Governor
Grants
Housing and Community Development
Housing and Community Development, Department of
Investments
Loans
Low-Income
Nonprofit Organizations
Partnerships
Planning, Department of
Public Corporations and Instrumentalities
Public Information
Records
Reports
Residency
Revenue and Taxes
Rules and Regulations
Tax Credits
Time
Attorney General
Attorneys
Auditors and Audits
Awareness and Outreach
Banks and Trust Companies
Commerce and Business
Committees and Commissions
Community Development
complaints
Comptroller
Contracts
Corporations
Credit
Demographics
Disclosure
Diversity, Equity, and Inclusion
Economic Development
Electronic Documents
Electronic Government
Engineers
Ethics
Federal Aid
Federal Government
Forms
General Services, Department of
Governor
Grants
Housing and Community Development
Housing and Community Development, Department of
Investments
Loans
Low-Income
Nonprofit Organizations
Partnerships
Planning, Department of
Public Corporations and Instrumentalities
Public Information
Records
Reports
Residency
Revenue and Taxes
Rules and Regulations
Tax Credits
Time
Code Citations
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0483?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/sb/sb0483f.pdf |
