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MD HB1463
Bill
Status
2/7/2025
Primary Sponsor
Mark Edelson
Click for details
AI Summary
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Extends the operating funding floor for the Maryland Transit Administration from fiscal year 2029 to fiscal year 2039, requiring appropriations from the Transportation Trust Fund at least equal to the fiscal year 2022 level
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Consolidates capital funding requirements for fiscal years 2025-2028 at a minimum of $450,000,000 annually for state of good repair needs
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Establishes new capital funding requirements of at least $550,000,000 annually for fiscal years 2030 through 2039 for state of good repair needs
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Maintains existing provision that capital appropriations are separate from Purple Line project funding in Montgomery and Prince George's Counties
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Takes effect June 1, 2025
Legislative Description
Transportation - Maryland Transit Administration - Funding (Transit Safety and Investment Act of 2025)
Governor
Last Action
Hearing 2/25 at 1:00 p.m.
2/17/2025