Establishes the Waldorf Urban Redevelopment Corridor Authority in Charles County to promote economic development and neighborhood revitalization.

The bill establishes the Waldorf Urban Redevelopment Corridor Authority in Charles County, Maryland, to promote economic development and neighborhood revitalization. The Authority will develop a comprehensive neighborhood revitalization plan in coordination with residents, focusing on housing, economic development, and transportation. It will manage funds for consulting fees, salaries, and administrative expenses. The Authority will be exempt from certain taxes and assessments but will be subject to the Public Ethics Law. The Authority will be self-sustaining starting from fiscal year 2036.

Establishes the Waldorf Urban Redevelopment Corridor Authority in Charles County to promote economic development and neighborhood revitalization.

The bill establishes the Waldorf Urban Redevelopment Corridor Authority in Charles County, Maryland, to promote economic development and neighborhood revitalization. The Authority will develop a comprehensive neighborhood revitalization plan in coordination with residents, focusing on housing, economic development, and transportation. It will manage funds for consulting fees, salaries, and administrative expenses. The Authority will be exempt from certain taxes and assessments but will be subject to the Public Ethics Law. The Authority will be self-sustaining starting from fiscal year 2036.