MD HB916

Establishes three new regional transportation authorities for the Baltimore region (Anne Arundel, Baltimore, Howard counties and Baltimore City), Capital region (Frederick, Montgomery, Prince George's counties), and Southern Maryland region (Calvert, Charles, St. Mary's counties), each governed by boards including county executives, municipal representatives, state legislators, and Governor appointees

Imposes a 0.5% transportation authority sales tax surcharge on retail sales and uses in the three regions, plus a 1% hotel surcharge on transient guest lodging in those regions

Imposes a 0.15% transportation authority transfer tax surcharge on property transfers recorded in counties within the three regions

Revenue from all surcharges is split 70% to the respective regional transportation fund and 30% to local counties and municipalities, with local shares restricted to transportation purposes only

Creates three special nonlapsing transportation funds to finance regional transportation facilities, requiring at least 30% of each fund be used for transit projects annually, and authorizes authorities to issue bonds payable from fund revenues; effective October 1, 2026