Maryland SB188 increases the limit on certain revenue bonds for the Maryland Transportation Authority.
Maryland SB188 increases the limit on the amount of revenue bonds that the Maryland Transportation Authority may have outstanding and unpaid. The new limit is $5 billion on June of any year. The bill also reduces the limit by any loans or lines of credit extended to the State under federal acts. This change aims to provide more financial flexibility for the Authority.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.