MD SB638

Authorizes the Maryland Heritage Areas Authority to award grants and loans for management of certified heritage areas, in addition to existing purposes like planning, design, acquisition, and development

Removes the 50% cap on project costs that Authority grants may cover for management plans, acquisition/development projects, and program grants

Reduces the percentage of Program Open Space funds that may be used for Authority operating expenses from 10% to 7% or $600,000, whichever is greater

Increases the maximum additional transfer from the State's Program Open Space share to the Authority Financing Fund from $3,000,000 to $9,000,000 (beyond the base $3,000,000 already authorized)

Eliminates the provision allowing up to $300,000 to be distributed to the Maryland Historical Trust for noncapital historic preservation grants; effective July 1, 2026