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MD HB1513

Bill

Official Source

Status

Passed

4/28/2026

Primary Sponsor

Unknown

Origin

House of Delegates

2026 Regular Session

AI Summary

  • Authorizes the County Commissioners of Calvert County to borrow up to $80,957,080 through general obligation bonds to finance construction, improvement, or development of public buildings, roads, and facilities
  • Eligible projects include Calvert Pines Senior Center Renovations, existing storm drainage systems throughout the county, and related land acquisition, architectural, financial, legal, planning, or engineering services
  • Bonds may be sold at public or private sale with maturities not exceeding 30 years from date of issue, and interest rates may be fixed or variable
  • Bonds and any income derived from them are exempt from all State, county, municipal, and other taxation within Maryland
  • Takes effect June 1, 2026

Legislative Description

Calvert County - Public Facilities Bonds

Income Tax

Last Action

Approved by the Governor - Chapter 339

4/28/2026

Committee Referrals

Budget and Taxation3/23/2026
Appropriations2/13/2026

Full Bill Text

No bill text available