Maryland HB559 revises the distribution of highway user revenues for fiscal years 2024 through 2028.

Maryland HB559 modifies the allocation of highway user revenues, specifically from the Gasoline and Motor Vehicle Revenue Account, for fiscal years 2024 through 2028. It sets the distribution percentages for Baltimore City, counties, and municipalities, ensuring that capital grants are only appropriated if all debt service requirements and departmental operating expenses are funded. The bill specifies that for fiscal year 2024, 9.5% of the funds will go to Baltimore City, 3.7% to the counties, and 2.4% to the municipalities.

Maryland HB559 revises the distribution of highway user revenues for fiscal years 2024 through 2028.

Maryland HB559 modifies the allocation of highway user revenues, specifically from the Gasoline and Motor Vehicle Revenue Account, for fiscal years 2024 through 2028. It sets the distribution percentages for Baltimore City, counties, and municipalities, ensuring that capital grants are only appropriated if all debt service requirements and departmental operating expenses are funded. The bill specifies that for fiscal year 2024, 9.5% of the funds will go to Baltimore City, 3.7% to the counties, and 2.4% to the municipalities.