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MD SB499
Bill
Status
Introduced
1/24/2025
Primary Sponsor
Cory McCray
Click for details
AI Summary
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Increases Baltimore City's share of highway user revenue capital grants from 9.5% to 12.2% of funds credited to the Gasoline and Motor Vehicle Revenue Account, beginning in fiscal year 2028
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Counties will continue to receive 3.7% and municipalities will continue to receive 2.4% of the same account funds
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Capital grants are contingent on all debt service requirements and departmental operating expenses being funded first, with sufficient funds available for the capital program
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Effective date is July 1, 2025
Legislative Description
Baltimore City - Highway User Revenues Capital Grants - Calculation
Highways
Last Action
Hearing 2/12 at 1:00 p.m.
2/11/2025
Committee Referrals
Budget and Taxation1/24/2025
Full Bill Text
No bill text available