Establishes the Suitland Development Authority in Prince George's County to promote economic development and neighborhood revitalization.
The bill establishes the Suitland Development Authority in Prince George's County to promote economic development and neighborhood revitalization. The Authority will manage development projects, acquire and manage properties, and create a comprehensive neighborhood revitalization plan. It is exempt from certain taxes and assessments and is subject to the Public Information Act and the Open Meetings Act. The Authority will be self-sustaining starting in fiscal year 2036.
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