Maryland SB287 allows noncontiguous blighted areas to be designated as development districts for tax increment financing.
Maryland SB287 modifies the state's economic development laws to allow noncontiguous blighted areas to be designated as development districts for tax increment financing. This bill renumbers sections of the Annotated Code of Maryland and repeals and reenacts certain sections to facilitate this change. The bill takes effect October 1, 2026.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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