MD HB927

Authorizes Carroll County Commissioners to borrow up to $27,000,000 through general obligation bonds to finance construction, improvement, or development of public facilities including water and sewer projects, roads, bridges, storm drains, public schools, Carroll Community College, libraries, parks, and landfills

Permits the County to make loans to volunteer fire departments for fire or emergency-related equipment, buildings, and facilities using bond proceeds

Allows borrowing through installment purchase obligations for acquiring agricultural land and woodland preservation easements

Bonds are exempt from all State, County, and municipal taxation in Maryland; no bond may mature later than 30 years from date of issue

Effective date: June 1, 2026