Maryland 2022 Regular Session

Maryland Senate Bill SB557 Compare Versions

OldNewDifferences
1- LAWRENCE J. HOGAN, JR., Governor Ch. 717
21
3-– 1 –
4-Chapter 717
5-(Senate Bill 557)
62
7-AN ACT concerning
3+EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
4+ [Brackets] indicate matter deleted from existing law.
5+ Underlining indicates amendments to bill.
6+ Strike out indicates matter stricken from the bill by amendment or deleted from the law by
7+amendment.
8+ *sb0557*
89
9-Baltimore County – West Baltimore County Redevelopment Authority
10+SENATE BILL 557
11+L2 2lr1161
12+ CF HB 1427
13+By: Senators Sydnor and Kelley
14+Introduced and read first time: January 31, 2022
15+Assigned to: Finance
16+Committee Report: Favorable with amendments
17+Senate action: Adopted
18+Read second time: March 7, 2022
1019
11-FOR the purpose of authorizing Baltimore County to exercise powers to acquire, develop or
12-redevelop, and dispose of certain land or property located in West Baltimore County
13-for residential, commercial, or industrial purposes; authorizing the County
14-Executive and County Council of Baltimore County to establish, by law, the West
15-Baltimore County Redevelopment Authority and to delegate certain powers to the
16-Authority to acquire, develop, redevelop, or dispose of certain land or property
17-located in West Baltimore County for certain purposes; authorizing the Authority to
18-make certain recommendations to the county; authorizing the Authority to issue
19-certain bonds and other evidences of indebtedness and authorizing the county to
20-guarantee these obligations; establishing certain penalties for violations of the
21-regulations of the Authority; and generally relating to the West Baltimore County
22-Redevelopment Authority.
20+CHAPTER ______
2321
24-BY adding to
25- Article – Economic Development
26-Section 12–801 through 12–815 to be under the new subtitle “Subtitle 8. Baltimore
27-County – West Baltimore County Redevelopment Authority”
28- Annotated Code of Maryland
29- (2018 Replacement Volume and 2021 Supplement)
22+AN ACT concerning 1
3023
31-Preamble
24+Baltimore County – West Baltimore County Redevelopment Authority 2
3225
33- WHEREAS, There exist within Baltimore County a number of areas in need of
34-residential, commercial, or industrial development or redevelopment in furtherance of the
35-public interest; and
26+FOR the purpose of authorizing Baltimore County to exercise powers to acquire, develop or 3
27+redevelop, and dispose of certain land or property located in West Baltimore County 4
28+for residential, commercial, or industrial purposes; authorizing the County 5
29+Executive and County Council of Baltimore County to establish, by law, the West 6
30+Baltimore County Redevelopment Authority and to delegate certain powers to the 7
31+Authority to acquire, develop, redevelop, or dispose of certain land or property 8
32+located in West Baltimore County for certain purposes; authorizing the Authority to 9
33+make certain recommendations to the county; authorizing the Authority to issue 10
34+certain bonds and other evidences of indebtedness and authorizing the county to 11
35+guarantee these obligations; establishing certain penalties for violations of the 12
36+regulations of the Authority; and generally relating to the West Baltimore County 13
37+Redevelopment Authority. 14
3638
37- WHEREAS, Those areas include both areas that are considered slum or blighted
38-areas, and areas that are not subject to deteriorated or deteriorating conditions, but which
39-are in need of development or redevelopment for the public benefit; and
39+BY adding to 15
40+ Article – Economic Development 16
41+Section 12–801 through 12–815 to be under the new subtitle “Subtitle 8. Baltimore 17
42+County – West Baltimore County Redevelopment Authority” 18
43+ Annotated Code of Maryland 19
44+ (2018 Replacement Volume and 2021 Supplement) 20
4045
41- WHEREAS, In order to revitalize these areas of the county it is necessary that the
42-county be authorized to acquire, by any legal means, including by exercise of the power of
43-eminent domain, land or property for residential, commercial, or industrial development or
44-redevelopment, to develop or redevelop land or property for residential, commercial, or
45-industrial purposes, and to dispose of land or property for residential, commercial, or
46-industrial development or redevelopment under certain circumstances; and
46+Preamble 21
47+ 2 SENATE BILL 557
4748
48- WHEREAS, In order to revitalize these areas of the county it also is necessary that
49-the county have the power to establish a separate authority whose purpose will be to Ch. 717 2022 LAWS OF MARYLAND
5049
51-– 2 –
52-facilitate land or property acquisition, development or redevelopment, and disposition for
53-residential, commercial, and industrial purposes in furtherance of the public interest; and
50+ WHEREAS, There exist within Baltimore County a number of areas in need of 1
51+residential, commercial, or industrial development or redevelopment in furtherance of the 2
52+public interest; and 3
5453
55- WHEREAS, In order to accomplish the purposes of this subtitle it is necessary to
56-authorize the county to delegate to such separate authority the authority to acquire, by any
57-legal means, including by exercise of the power of eminent domain, land or property for
58-residential, commercial, or industrial development or redevelopment, to develop or
59-redevelop land or property for residential, commercial, or industrial purposes, and to
60-dispose of land or property for residential, commercial, or industrial development or
61-redevelopment under certain circumstances; and
54+ WHEREAS, Those areas include both areas that are considered slum or blighted 4
55+areas, and areas that are not subject to deteriorated or deteriorating conditions, but which 5
56+are in need of development or redevelopment for the public benefit; and 6
6257
63- WHEREAS, The revitalization of areas within the county in need of residential,
64-commercial, or industrial development or redevelopment is an essential governmental
65-function, and is a public use which will confer a public benefit on the citizens of the county
66-by relieving conditions of unemployment, encouraging the increase of industry and
67-commerce and a balanced economy, assisting in the retention of existing industry and
68-commerce and in the attracting of new industry and commerce, promoting economic
69-development and growth, and generally promoting the health, welfare, and safety of the
70-residents of the county; and
58+ WHEREAS, In order to revitalize these areas of the county it is necessary that the 7
59+county be authorized to acquire, by any legal means, including by exercise of the power of 8
60+eminent domain, land or property for residential, commercial, or industrial development or 9
61+redevelopment, to develop or redevelop land or property for residential, commercial, or 10
62+industrial purposes, and to dispose of land or property for residential, commercial, or 11
63+industrial development or redevelopment under certain circumstances; and 12
7164
72- WHEREAS, The exercise by the county or the authority which the county is
73-authorized to establish of the power of eminent domain in accordance with this subtitle in
74-order to provide an impetus which private enterprise cannot provide is hereby declared to
75-be for a public use; and
65+ WHEREAS, In order to revitalize these areas of the county it also is necessary that 13
66+the county have the power to establish a separate authority whose purpose will be to 14
67+facilitate land or property acquisition, development or redevelopment, and disposition for 15
68+residential, commercial, and industrial purposes in furtherance of the public interest; and 16
7669
77- WHEREAS, The powers granted pursuant to this subtitle shall be regarded as
78-supplemental and additional to powers conferred by other laws, and may not be regarded
79-as in derogation of any powers now existing; and
70+ WHEREAS, In order to accomplish the purposes of this subtitle it is necessary to 17
71+authorize the county to delegate to such separate authority the authority to acquire, by any 18
72+legal means, including by exercise of the power of eminent domain, land or property for 19
73+residential, commercial, or industrial development or redevelopment, to develop or 20
74+redevelop land or property for residential, commercial, or industrial purposes, and to 21
75+dispose of land or property for residential, commercial, or industrial development or 22
76+redevelopment under certain circumstances; and 23
8077
81- WHEREAS, This subtitle is necessary for the revitalization of Baltimore County and
82-the public interest of its citizens and shall be liberally construed to effect its purpose; and
78+ WHEREAS, The revitalization of areas within the county in need of residential, 24
79+commercial, or industrial development or redevelopment is an essential governmental 25
80+function, and is a public use which will confer a public benefit on the citizens of the county 26
81+by relieving conditions of unemployment, encouraging the increase of industry and 27
82+commerce and a balanced economy, assisting in the retention of existing industry and 28
83+commerce and in the attracting of new industry and commerce, promoting econo mic 29
84+development and growth, and generally promoting the health, welfare, and safety of the 30
85+residents of the county; and 31
8386
84- WHEREAS, The necessity in the public interest for the provisions hereinafter
85-enacted is hereby declared as a matter of legislative determination; now, therefore,
87+ WHEREAS, The exercise by the county or the authority which the county is 32
88+authorized to establish of the power of eminent domain in accordance with this subtitle in 33
89+order to provide an impetus which private enterprise cannot provide is hereby declared to 34
90+be for a public use; and 35
8691
87- SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND,
88-That the Laws of Maryland read as follows:
92+ WHEREAS, The powers granted pursuant to this subtitle shall be regarded as 36
93+supplemental and additional to powers conferred by other laws, and may not be regarded 37
94+as in derogation of any powers now existing; and 38
95+ SENATE BILL 557 3
8996
90-Article – Economic Development
9197
92-SUBTITLE 8. BALTIMORE COUNTY – WEST BALTIMORE COUNTY REDEVELOPMENT
93-AUTHORITY.
98+ WHEREAS, This subtitle is necessary for the revitalization of Baltimore County and 1
99+the public interest of its citizens and shall be liberally construed to effect its purpose; and 2
94100
95-12–801.
96- LAWRENCE J. HOGAN, JR., Governor Ch. 717
101+ WHEREAS, The necessity in the public interest for the provisions hereinafter 3
102+enacted is hereby declared as a matter of legislative determination; now, therefore, 4
97103
98-– 3 –
99- (A) IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
100-INDICATED.
104+ SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 5
105+That the Laws of Maryland read as follows: 6
101106
102- (B) “AUTHORITY” MEANS THE WEST BALTIMORE COUNTY
103-REDEVELOPMENT AUTHORITY ESTABLISHED UNDER THIS SUBTITLE .
107+Article – Economic Development 7
104108
105- (C) “BOND” OR “BONDS” MEANS REVENUE BONDS OR NOTES, INCLUDING
106-BOND ANTICIPATION NO TES AND NOTES IN THE NATURE OF COMMERCIAL PAPER,
107-OR OTHER INSTRUMENTS , CERTIFICATES, OR EVIDENC ES OF OBLIGATION ISS UED
108-AND SOLD OR OFFERED FOR SALE BY THE REDE VELOPMENT AUTHORITY ,
109-INCLUDING REFUNDING OBLIGATIONS.
109+SUBTITLE 8. BALTIMORE COUNTY – WEST BALTIMORE COUNTY REDEVELOPMENT 8
110+AUTHORITY. 9
110111
111- (D) “COST” MEANS THE COST OR EX PENSE ASSOCIATED WIT H:
112+12–801. 10
112113
113- (1) ALL LAND, PROPERTY, RIGHTS, EASEMENTS, FRANCHISES, AND
114-LICENSES OR INTEREST S THEREIN DEEMED NEC ESSARY FOR ANY UNDER TAKING
115-AUTHORIZED BY THIS S UBTITLE;
114+ (A) IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS 11
115+INDICATED. 12
116116
117- (2) ALL LABOR , MATERIALS, MACHINERY , FURNISHINGS , AND
118-EQUIPMENT ;
117+ (B) “AUTHORITY” MEANS THE WEST BALTIMORE COUNTY 13
118+REDEVELOPMENT AUTHORITY ESTABLISHED UNDER THIS SUBTITLE . 14
119119
120- (3) FINANCING CHARGES ;
120+ (C) “BOND” OR “BONDS” MEANS REVENUE BONDS OR NOTES, INCLUDING 15
121+BOND ANTICIPATION NO TES AND NOTES IN THE NATURE OF COMMERCIAL PAPER, 16
122+OR OTHER INSTRUMENTS , CERTIFICATES, OR EVIDENCES OF OBLI GATION ISSUED 17
123+AND SOLD OR OFFERED FOR SALE BY THE REDE VELOPMENT AUTHORITY , 18
124+INCLUDING REFUNDING OBLIGATIONS. 19
121125
122- (4) ESTABLISHMENT OF RES ERVES;
126+ (D) “COST” MEANS THE COST OR EX PENSE ASSOCIATED WIT H: 20
123127
124- (5) INTEREST PRIOR TO AN D DURING CONSTRUCTIO N AND FOR A
125-REASONABLE PERIOD AF TER COMPLETION OF CO NSTRUCTION ;
128+ (1) ALL LAND, PROPERTY, RIGHTS, EASEMENTS, FRANCHISES, AND 21
129+LICENSES OR INTERESTS THEREIN DEEMED NECESSARY FOR ANY UNDERTAKING 22
130+AUTHORIZED BY THIS S UBTITLE; 23
126131
127- (6) ENGINEERING , ARCHITECTURAL , AND LEGAL SERVICES ;
132+ (2) ALL LABOR , MATERIALS, MACHINERY, FURNISHINGS, AND 24
133+EQUIPMENT; 25
128134
129- (7) PLANS, SPECIFICATIONS , SURVEYS, ESTIMATES OF COSTS A ND OF
130-REVENUES, AND OTHER EXPENSES N ECESSARY OR INCIDENT TO DETERMINING THE
131-FEASIBILITY OR PRACTICALITY OF ANY LAND OR PROPE RTY ACQUISITION OR A NY
132-DEVELOPMENT OR REDEV ELOPMENT PROJECT ;
135+ (3) FINANCING CHARGES ; 26
133136
134- (8) ADMINISTRATIVE EXPEN SES;
137+ (4) ESTABLISHMENT OF RES ERVES; 27
135138
136- (9) LETTERS OR LINES OF CREDIT, MUNICIPAL BOND INSUR ANCE, OR
137-ANY OTHER FORM OF FI NANCIAL GUARANTY OR SURETY;
139+ (5) INTEREST PRIOR TO AN D DURING CONSTRUCTION AND FOR A 28
140+REASONABLE PERIOD AF TER COMPLETION OF CO NSTRUCTION; 29
138141
139- (10) WORKING CAPITAL ; AND
142+ (6) ENGINEERING , ARCHITECTURAL , AND LEGAL SERVICES ; 30 4 SENATE BILL 557
140143
141- (11) OTHER EXPENSES AS MA Y BE NECESSARY OR IN CIDENTAL TO THE
142-ACQUISITION OF LAND OR PROPERTY, OR THE DEVELOPMENT O R REDEVELOPMENT , Ch. 717 2022 LAWS OF MARYLAND
143144
144-– 4 –
145-INCLUDING THE COMPRE HENSIVE RENOVATION O R REHABILITATION , OF LAND OR
146-PROPERTY IN ACCORDAN CE WITH THIS SUBTITLE.
147145
148- (E) “COUNTY” MEANS BALTIMORE COUNTY.
146+ (7) PLANS, SPECIFICATIONS , SURVEYS, ESTIMATES OF COSTS A ND OF 1
147+REVENUES, AND OTHER EXPENSES N ECESSARY OR INCIDENT TO DETERMI NING THE 2
148+FEASIBILITY OR PRACT ICALITY OF ANY LAND OR PROPERTY ACQUISIT ION OR ANY 3
149+DEVELOPMENT OR REDEV ELOPMENT PROJECT ; 4
149150
150- (F) “WEST BALTIMORE COUNTY” MEANS THE GEOGRAPHIC AREA OF
151-BALTIMORE COUNTY WITHIN THE BOU NDARY LINE OF LIBERTY ROAD IN THE
152-NORTH, BALTIMORE NATIONAL PIKE IN THE SOUTH, ROLLING ROAD IN THE WEST,
153-AND THE LINE BETWEEN BALTIMORE COUNTY AND BALTIMORE CITY IN THE EAST,
154-ALONG WITH ALL CONTI GUOUS PARCELS FOR ON E BLOCK, EXCEPT AT THE
155-BOUNDARY LINE BETWEE N BALTIMORE COUNTY AND BALTIMORE CITY.
151+ (8) ADMINISTRATIVE EXPEN SES; 5
156152
157-12–802.
153+ (9) LETTERS OR LINES OF CREDIT, MUNICIPAL BOND INSUR ANCE, OR 6
154+ANY OTHER FORM OF FI NANCIAL GUARANTY OR SURETY; 7
158155
159- THIS SUBTITLE APPLIES ONLY IN BALTIMORE COUNTY.
156+ (10) WORKING CAPITAL ; AND 8
160157
161-12–803.
158+ (11) OTHER EXPENSES AS MA Y BE NECESSARY OR IN CIDENTAL TO THE 9
159+ACQUISITION OF LAND OR PROPERTY , OR THE DEVELOPMENT O R REDEVELOPMENT , 10
160+INCLUDING THE COMPRE HENSIVE RENOVATION O R REHABILITATION , OF LAND OR 11
161+PROPERTY IN ACCORDANCE WITH THIS SUBTITLE. 12
162162
163- (A) IN ADDITION TO POWERS G RANTED BY LAW , THE COUNTY IS
164-AUTHORIZED , AS SPECIFIED BY LOCA L LAW:
163+ (E) “COUNTY” MEANS BALTIMORE COUNTY. 13
165164
166- (1) TO ACQUIRE, WITHIN THE BOUNDARY LINES OF WEST BALTIMORE
167-COUNTY, LAND AND PROPERTY OF EVERY KIND, AND ANY RIGHT , INTEREST,
168-FRANCHISE, EASEMENT, OR PRIVILEGE IN TH E PROPERTY, BY PURCHASE , LEASE,
169-GIFT, CONDEMNATION , OR ANY OTHER LEGAL M EANS, FOR RESIDENTIAL ,
170-COMMERCIAL , OR INDUSTRIAL DEVELO PMENT OR REDEVELOPME NT, INCLUDING
171-COMPREHENSIVE RENOVA TION OR REHABILITATI ON OF THE LAND OR PR OPERTY;
165+ (F) WEST BALTIMORE COUNTY” MEANS THE GEOGRAPHIC AREA OF 14
166+BALTIMORE COUNTY WITHIN THE BOU NDARY LINE OF LIBERTY ROAD IN THE 15
167+NORTH, BALTIMORE NATIONAL PIKE IN THE SOUTH, ROLLING ROAD IN THE WEST, 16
168+AND THE LINE BETWEEN BALTIMORE COUNTY AND BALTIMORE CITY IN THE EAST, 17
169+ALONG WITH ALL CONTI GUOUS PARCELS FOR ON E BLOCK, EXCEPT AT THE 18
170+BOUNDARY LINE BETWEE N BALTIMORE COUNTY AND BALTIMORE CITY. 19
172171
173- (2) TO DEVELOP OR REDEVELOP, INCLUDING THE COMPRE HENSIVE
174-RENOVATION OR REHABI LITATION OF, ANY LAND OR PROPERTY ACQUIRED BY ANY
175-OF THE METHODS DESCR IBED UNDER ITEM (1) OF THIS SUBSECTION ; AND
172+12–802. 20
176173
177- (3) TO SELL, LEASE, CONVEY, TRANSFER, OR OTHERWISE DISPOSE OF
178-ANY OF THE LAND OR PROPERTY, REGARDLESS OF WHETHE R THE LAND OR
179-PROPERTY HAS BEEN DE VELOPED, REDEVELOPED , ALTERED, OR IMPROVED AND
180-IRRESPECTIVE OF THE MANNER OR MEANS IN O R BY WHICH THE LAND OR PROPERTY
181-MAY HAVE BEEN ACQUIR ED, TO ANY PRIVATE , PUBLIC, OR QUASI–PUBLIC
182-CORPORAT ION, PARTNERSHIP , ASSOCIATION, PERSON, OR OTHER LEGAL ENTIT Y
183-FOR RESIDENTIAL , COMMERCIAL , OR INDUSTRIAL DEVELO PMENT OR
184-REDEVELOPMENT , INCLUDING COMPREHENS IVE RENOVATION OR RE HABILITATION
185-OF THE LAND OR PROPE RTY.
186- LAWRENCE J. HOGAN, JR., Governor Ch. 717
174+ THIS SUBTITLE APPLIES ONLY IN BALTIMORE COUNTY. 21
187175
188-– 5 –
189- (B) LAND OR PROPERTY TAKE N BY THE COUNTY F OR ANY OF THE PURPOS ES
190-DESCRIBED UNDER SUBS ECTION (A) OF THIS SECTION OR I N CONNECTION WITH TH E
191-EXERCISE OF ANY OF T HE POWERS THAT MAY B E GRANTED TO THE COU NTY UNDER
192-THIS SECTION , OR BY ANY POWERS CON FERRED BY ADDITIONAL LAWS BY
193-EXERCISING THE POWER OF EMINENT DOMAIN , MAY NOT BE TAKEN WIT HOUT JUST
194-COMPENSATION , AS AGREED ON BETWEEN THE PARTIES OR AWARD ED BY A JURY,
195-BEING FIRST PAID OR TENDERED TO THE PART Y ENTITLED TO THAT
196-COMPENSATION .
176+12–803. 22
197177
198- (C) ALL LAND OR PROPERTY NEEDED, OR TAKEN BY THE EXER CISE OF THE
199-POWER OF EMINENT DOM AIN, BY THE COUNTY FOR AN Y OF THE PURPOSES
200-DESCRIBED UNDER SUBS ECTION (A) OF THIS SECTION OR I N CONNECTION WITH TH E
201-EXERCISE OF ANY OF T HE POWERS THAT MAY B E GRANTED TO THE COU NTY UNDER
202-THIS SECTION SHALL B E DEEMED TO BE NEEDE D OR TAKEN FOR A PUBLIC USE OR A
203-PUBLIC BENEFIT .
178+ (A) IN ADDITION TO POWERS GRANTED BY LAW , THE COUNTY IS 23
179+AUTHORIZED , AS SPECIFIED BY LOCA L LAW: 24
204180
205- (D) LAND OR PROPERTY OWNE D BY THE FEDERAL GOV ERNMENT, THE
206-STATE, OR A LOCAL GOVERNMEN T, OR AN AGENCY OF THE FEDERAL GOVERNMENT ,
207-THE STATE, OR A LOCAL GOVERNMEN T, MAY NOT BE ACQUIRED BY THE COUNTY BY
208-EXERCISE OF THE POWER OF EMINENT DOM AIN WITHOUT THE PRIO R CONSENT OF
209-THE GOVERNMENT OR AG ENCY THAT OWNS THE L AND OR PROPERTY .
181+ (1) TO ACQUIRE, WITHIN THE BOUNDARY LINES OF WEST BALTIMORE 25
182+COUNTY, LAND AND PROPERTY OF EVERY KIND, AND ANY RIGHT , INTEREST, 26
183+FRANCHISE, EASEMENT, OR PRIVILEGE IN THE PROPERTY, BY PURCHASE , LEASE, 27
184+GIFT, CONDEMNATION , OR ANY OTHER LEGAL M EANS, FOR RESIDENTIAL , 28
185+COMMERCIAL , OR INDUSTRIAL DEVELO PMENT OR REDEVELOPME NT, INCLUDING 29
186+COMPREHENSIVE RENOVA TION OR REHABILITATI ON OF THE LAND OR PR OPERTY; 30
187+ SENATE BILL 557 5
210188
211-12–804.
212189
213- (A) THE COUNTY MAY ESTABL ISH, BY LAW, A BODY CORPORATE AND
214-POLITIC AND AN INSTR UMENTALITY OF THE CO UNTY TO BE KNOWN AS THE “WEST
215-BALTIMORE COUNTY REDEVELOPMENT AUTHORITY”.
190+ (2) TO DEVELOP OR REDEVE LOP, INCLUDING THE COMPRE HENSIVE 1
191+RENOVATION OR REHABI LITATION OF, ANY LAND OR PROPERTY ACQUIRED BY ANY 2
192+OF THE METHODS DESCR IBED UNDER ITEM (1) OF THIS SUBSECTION ; AND 3
216193
217- (B) THE AUTHORITY SHALL BE CR EATED WHEN THE COUNT Y:
194+ (3) TO SELL, LEASE, CONVEY, TRANSFER, OR OTHERWISE DISPOSE OF 4
195+ANY OF THE LAND OR PRO PERTY, REGARDLESS OF WHETHE R THE LAND OR 5
196+PROPERTY HAS BEEN DE VELOPED, REDEVELOPED , ALTERED, OR IMPROVED AND 6
197+IRRESPECTIVE OF THE MANNER OR MEANS IN O R BY WHICH THE LAND OR PROPERTY 7
198+MAY HAVE BEEN ACQUIR ED, TO ANY PRIVATE , PUBLIC, OR QUASI–PUBLIC 8
199+CORPORATION , PARTNERSHIP , ASSOCIATION, PERSON, OR OTHER LEGAL ENTIT Y 9
200+FOR RESIDENTIAL , COMMERCIAL , OR INDUSTRIAL DEVELO PMENT OR 10
201+REDEVELOPMENT , INCLUDING COMPREHENS IVE RENOVATION OR RE HABILITATION 11
202+OF THE LAND OR PROPE RTY. 12
218203
219- (1) ENACTS LOCAL LAWS PR OVIDING AND CONSTITU TING THE TERMS
220-OF THE CHARTER FOR T HE AUTHORITY; AND
204+ (B) LAND OR PROPERTY TAKE N BY THE COUNTY FOR AN Y OF THE PURPOSES 13
205+DESCRIBED UNDER SUBS ECTION (A) OF THIS SECTION OR I N CONNECTION WITH TH E 14
206+EXERCISE OF ANY OF T HE POWERS THAT MAY B E GRANTED TO THE COU NTY UNDER 15
207+THIS SECTION , OR BY ANY POWERS CON FERRED BY ADDITIONAL LAWS BY 16
208+EXERCISING THE POWER OF EMINENT DOMAIN, MAY NOT BE TAKEN WIT HOUT JUST 17
209+COMPENSATION , AS AGREED ON BETWEEN THE PARTIES OR AWARD ED BY A JURY, 18
210+BEING FIRST PAID OR TENDERED TO THE PART Y ENTITLED TO THAT 19
211+COMPENSATION . 20
221212
222- (2) FILES THE CHARTER WI TH:
213+ (C) ALL LAND OR PROPERTY NEEDED, OR TAKEN BY THE EXERCISE OF THE 21
214+POWER OF EMINENT DOM AIN, BY THE COUNTY FOR AN Y OF THE PURPOSES 22
215+DESCRIBED UNDER SUBS ECTION (A) OF THIS SECTION OR I N CONNECTION WITH TH E 23
216+EXERCISE OF ANY OF T HE POWERS THAT MAY B E GRANTED TO THE COU NTY UNDER 24
217+THIS SECTION SHALL B E DEEMED TO BE NEEDED OR TAKEN FOR A PUBLIC USE OR A 25
218+PUBLIC BENEFIT . 26
223219
224- (I) THE STATE DEPARTMENT OF ASSESSMENTS AND
225-TAXATION;
220+ (D) LAND OR PROPERTY OWNE D BY THE FEDERAL GOV ERNMENT, THE 27
221+STATE, OR A LOCAL GOVERNMEN T, OR AN AGENCY OF THE FEDERAL GOVERNMENT , 28
222+THE STATE, OR A LOCAL GOVERNMEN T, MAY NOT BE ACQUIRED BY THE COUNTY BY 29
223+EXERCISE OF THE POWE R OF EMINENT DOMAIN WITHOUT THE PRIOR CO NSENT OF 30
224+THE GOVERNMENT OR AG ENCY THAT OWNS THE L AND OR PROPERTY . 31
226225
227- (II) THE DEPARTMENT OF LEGISLATIVE SERVICES; AND
226+12–804. 32
228227
229- (III) THE SECRETARY OF STATE.
228+ (A) THE COUNTY MAY ESTABL ISH, BY LAW, A BODY CORPORATE AND 33
229+POLITIC AND AN INSTR UMENTALITY OF THE CO UNTY TO BE KNOWN AS THE “WEST 34
230+BALTIMORE COUNTY REDEVELOPMENT AUTHORITY”. 35
230231
231- (C) ON THE ADVICE OF THE AUTHORITY MEMBERS DES CRIBED UNDER
232-SUBSECTION(D)(1) THROUGH (5) OF THIS SECTION, THE COUNTY MAY : Ch. 717 2022 LAWS OF MARYLAND
232+ (B) THE AUTHORITY SHALL BE CR EATED WHEN THE COUNT Y: 36
233+ 6 SENATE BILL 557
233234
234-– 6 –
235235
236- (1) AMEND THE AUTHORITY’S CHARTER THROUGH LO CAL LAW IF THE
237-AMENDMENTS ARE FILED WITH THE STATE DEPARTMENT OF ASSESSMENTS AND
238-TAXATION, THE DEPARTMENT OF LEGISLATIVE SERVICES, AND THE SECRETARY OF
239-STATE;
236+ (1) ENACTS LOCAL LAWS PR OVIDING AND CONSTITU TING THE TERMS 1
237+OF THE CHARTER FOR T HE AUTHORITY; AND 2
240238
241- (2) ALTER THE STRUCTURE , ORGANIZATION , PROGRAM, POWERS, OR
242-ACTIVITY OF THE AUTHORITY, UNLESS THE ALTERATIO N WOULD IMPAIR THE
243-AUTHORITY’S OBLIGATIONS UNDER A CONTRACT OR AN AGR EEMENT THAT THE
244-AUTHORITY ENTERED INT O BEFORE THE ALTERAT ION; AND
239+ (2) FILES THE CHARTER WI TH: 3
245240
246- (3) TERMINATE THE AUTHORITY, UNLESS THE TERMINATI ON WOULD
247-IMPAIR THE AUTHORITY’S OBLIGATIONS UNDER A CONTRACT OR AN AGR EEMENT
248-THAT THE AUTHORITY ENTERED INT O BEFORE TERMINATION .
241+ (I) THE STATE DEPARTMENT OF ASSESSMENTS AND 4
242+TAXATION; 5
249243
250- (D) THE AUTHORITY SHALL CONSI ST OF THE FOLLOWING MEMBERS:
244+ (II) THE DEPARTMENT OF LEGISLATIVE SERVICES; AND 6
251245
252- (1) EACH MEMBER OF THE SENATE OF MARYLAND WHOSE
253-LEGISLATIVE DISTRICT INCLUDES A PORTION O F WEST BALTIMORE COUNTY;
246+ (III) THE SECRETARY OF STATE. 7
254247
255- (2) ONE MEMBER OF THE HOUSE OF DELEGATES FROM EACH
256-LEGISLATIVE DISTRICT THAT INCLUDES A PORT ION OF WEST BALTIMORE COUNTY,
257-DESIGNATED BY THE SPEAKER OF THE HOUSE;
248+ (C) ON THE ADVICE OF THE AUTHORITY MEMBERS DES CRIBED UNDER 8
249+SUBSECTION(D)(1) THROUGH (5) OF THIS SECTION, THE COUNTY MAY : 9
258250
259- (3) EACH COUNCIL PERSON WHOSE DISTRICT INCLU DES A PORTION
260-OF WEST BALTIMORE COUNTY;
251+ (1) AMEND THE AUTHORITY’S CHARTER THROUGH LO CAL LAW IF THE 10
252+AMENDMENTS ARE FILED WITH THE STATE DEPARTMENT OF ASSESSMENTS AND 11
253+TAXATION, THE DEPARTMENT OF LEGISLATIVE SERVICES, AND THE SECRETARY OF 12
254+STATE; 13
261255
262- (4) THE COUNTY ADMINISTR ATIVE OFFICER;
256+ (2) ALTER THE STRUCTURE , ORGANIZATION , PROGRAM, POWERS, OR 14
257+ACTIVITY OF THE AUTHORITY, UNLESS THE ALTERATIO N WOULD IMPAIR THE 15
258+AUTHORITY’S OBLIGATIONS UNDER A CONTRACT OR AN AGR EEMENT THAT THE 16
259+AUTHORITY ENTERED INT O BEFORE THE ALTERAT ION; AND 17
263260
264- (5) ONE MEMBER APPOINTED BY THE COUNTY EXECUTIVE OF
265-BALTIMORE COUNTY; AND
261+ (3) TERMINATE THE AUTHORITY, UNLESS THE TERMINATI ON WOULD 18
262+IMPAIR THE AUTHORITY’S OBLIGATIONS UNDER A CONTRACT OR AN AGR EEMENT 19
263+THAT THE AUTHORITY ENTERED INT O BEFORE TERMINATION . 20
266264
267- (6) ELEVEN MEMBERS APPOI NTED BY THE COUNTY FROM A SLATE O F
268-INDIVIDUALS PREPARED BY THE AUTHORITY MEMBERS DES CRIBED UNDER ITEMS
269-(1) THROUGH (5) OF THIS SUBSECTION .
265+ (D) THE AUTHORITY SHALL CONSI ST OF THE FOLLOWING MEMBERS: 21
270266
271- (E) THE SLATE OF INDIVIDU ALS DESCRIBED UNDER SUBSECTION(D)(6) OF
272-THIS SECTION SHALL B E DECIDED BY A MAJORITY VOTE O F THE AUTHORITY
273-MEMBERS DESCRIBED UN DER SUBSECTION (D)(1) THROUGH (5) OF THIS SECTION.
267+ (1) EACH MEMBER OF THE SENATE OF MARYLAND WHOSE 22
268+LEGISLATIVE DISTRICT INCLUDES A PORTION OF WEST BALTIMORE COUNTY; 23
274269
275-12–805.
276- LAWRENCE J. HOGAN, JR., Governor Ch. 717
270+ (2) ONE MEMBER OF THE HOUSE OF DELEGATES FROM EACH 24
271+LEGISLATIVE DISTRICT THAT INCLUDES A PORT ION OF WEST BALTIMORE COUNTY, 25
272+DESIGNATED BY THE SPEAKER OF THE HOUSE; 26
277273
278-– 7 –
279- (A) SUBJECT TO § 12–804(D) OF THIS SUBTITLE, THE NUMBER , RESIDENCY
280-REQUIREMENTS , MEANS OF APPOINTMENT AND REMOVAL , QUALIFICATIONS , AND
281-TERMS OF OFFICE OF THE MEMBERS OF THE AUTHORITY SHALL BE AS SPECIFIED
282-BY THE COUNTY AND BA SED ON THE RECOMMEND ATION OF THE AUTHORITY
283-MEMBERS DESCRIBED UN DER § 12–804(D)(1) THROUGH (5) OF THIS SUBTITLE .
274+ (3) EACH COUNCIL PERSON WHOSE DISTRICT INCLU DES A PORTION 27
275+OF WEST BALTIMORE COUNTY; 28
284276
285- (B) THE OFFICERS, EMPLOYEES , AND AGENTS OF THE AUTHORITY SHALL
286-BE APPOINTED AND REM OVED AS SPECIFIED BY LOCAL LAW.
277+ (4) THE COUNTY ADMINISTR ATIVE OFFICER; 29
278+ SENATE BILL 557 7
287279
288- (C) THE EXERCISE OF ALL P OWERS, AUTHORITY, RIGHTS, AND
289-OBLIGATIONS OF THE AUTHORITY SHALL BE AS SPECIFIED BY THIS SU BTITLE AND
290-LOCAL LAW.
291280
292- (D) AN ACT OF THE AUTHORITY MAY NOT BE CHALLENGED ON THE BASIS OF
293-THE ABSENCE OF QUALI FICATIONS OF A MEMBE R OF THE AUTHORITY IF THE
294-MEMBER:
281+ (5) ONE MEMBER APPOINTED BY THE COUNTY EXECUTIVE OF 1
282+BALTIMORE COUNTY; AND 2
295283
296- (1) HAS BEEN APPOINTED B Y THE APPROPRIATE AU THORITY
297-DESIGNATED BY LOCAL LAW; AND
284+ (6) ELEVEN MEMBERS APPOI NTED BY THE COUNTY FROM A SLATE O F 3
285+INDIVIDUALS PREPARED BY THE AUTHORITY MEMBERS DES CRIBED UNDER ITEMS 4
286+(1) THROUGH (5) OF THIS SUBSECTION . 5
298287
299- (2) HAS TAKEN THE OATH O F OFFICE.
288+ (E) THE SLATE OF INDIVIDU ALS DESCRIBED UNDER SUBSECTION(D)(6) OF 6
289+THIS SECTION SHALL B E DECIDED BY A MAJORITY VOTE O F THE AUTHORITY 7
290+MEMBERS DESCRIBED UN DER SUBSECTION (D)(1) THROUGH (5) OF THIS SECTION. 8
300291
301-12–806.
292+12–805. 9
302293
303- (A) EXCEPT AS PROVIDED IN SUBSECTION (E) (C) OF THIS SECTION , THE
304-COUNTY IS AUTHORIZED , BY LAW, TO DELEGATE TO THE AUTHORITY ANY OR ALL OF
305-THE POWERS GRANTED T O THE COUNTY UNDER § 12–803 OF THIS SUBTITLE .
294+ (A) SUBJECT TO § 12–804(D) OF THIS SUBTITLE , THE NUMBER , RESIDENCY 10
295+REQUIREMENTS , MEANS OF APPOINTMENT AND REMOVAL , QUALIFICATIONS , AND 11
296+TERMS OF OFFICE OF THE MEMBERS OF THE AUTHORITY SHALL BE AS SPECIFIED 12
297+BY THE COUNTY AND BA SED ON THE RECOMMEND ATION OF THE AUTHORITY 13
298+MEMBERS DESCRIBED UN DER § 12–804(D)(1) THROUGH (5) OF THIS SUBTITLE. 14
306299
307- (B) LAND OR PROPERTY TAKE N BY THE AUTHORITY IN ACCORDAN CE WITH
308-A DELEGATION OF AUTHORITY FROM THE C OUNTY BY EXERCISE OF THE POWER OF
309-EMINENT DOMAIN MAY N OT BE TAKEN WITHOUT JUST COMPENSATION , AS AGREED
310-ON BETWEEN THE PARTI ES OR AWARDED BY A J URY, BEING FIRST PAID OR
311-TENDERED TO THE PART Y ENTITLED TO THAT C OMPENSATION .
300+ (B) THE OFFICERS, EMPLOYEES, AND AGENTS OF THE AUTHORITY SHALL 15
301+BE APPOINTED AND REM OVED AS SPECIFIED BY LOCAL LAW. 16
312302
313- (C) ALL LAND OR PROPERTY NEEDED , OR TAKEN BY THE EXER CISE OF THE
314-POWER OF EMINENT DOM AIN, BY THE AUTHORITY IN ACCORDAN CE WITH A
315-DELEGATION OF AUTHOR ITY FROM THE COUNTY SHALL BE DEEMED TO B E NEEDED
316-OR TAKEN FOR A PUBLI C USE OR A PUBLIC BE NEFIT.
303+ (C) THE EXERCISE OF ALL P OWERS, AUTHORITY, RIGHTS, AND 17
304+OBLIGATIONS OF THE AUTHORITY SHALL BE AS SPECIFIED BY THIS SU BTITLE AND 18
305+LOCAL LAW. 19
317306
318- (D) LAND OR PROPERTY OW NED BY THE FEDERAL G OVERNMENT , THE
319-STATE, OR A LOCAL GOVERNMEN T, OR AN AGENCY OF THE FEDERAL GOVERNMENT ,
320-THE STATE, OR A LOCAL GOVERNMEN T, MAY NOT BE ACQUIRED BY THE AUTHORITY
321-BY EXERCISE OF THE P OWER OF EMINENT DOMA IN WITHOUT THE PRIOR CONSENT
322-OF THE GOVE RNMENT OR AGENCY OWN ING THE LAND OR PROP ERTY. Ch. 717 2022 LAWS OF MARYLAND
307+ (D) AN ACT OF THE AUTHORITY MAY NOT BE CHALLENGED ON THE BASIS OF 20
308+THE ABSENCE OF QUALI FICATIONS OF A MEMBE R OF THE AUTHORITY IF THE 21
309+MEMBER: 22
323310
324-– 8 –
311+ (1) HAS BEEN APPOINTED B Y THE APPROPRIATE AU THORITY 23
312+DESIGNATED BY LOCAL LAW; AND 24
325313
326- (E) NOTWITHSTANDING THE D ELEGATION OF THE POW ER OF EMINENT
327-DOMAIN BY THE COUNTY TO THE AUTHORITY, A DECISION OF THE AUTHORITY TO
328-TAKE OWNER –OCCUPIED RESIDENTIAL REAL PROPERTY SHALL BE FIRST APPROVED
329-BY THE COUNTY COUNCIL AFTER NOTICE TO THE PROPERTY OWNE R.
314+ (2) HAS TAKEN THE OATH O F OFFICE. 25
330315
331- (B) THE AUTHORITY MAY MAKE RE COMMENDATIONS TO THE COUNTY ON
332-ISSUES RELATED TO TH E COUNTY’S POWER OF EMINENT D OMAIN.
316+12–806. 26
333317
334- (C) THE COUNTY MAY NOT DE LEGATE THE POWER OF EMINENT DOMAIN TO
335-THE AUTHORITY.
318+ (A) EXCEPT AS PROVIDED IN SUBSECTION (E) (C) OF THIS SECTION , THE 27
319+COUNTY IS AUTHORIZED , BY LAW, TO DELEGATE TO THE AUTHORITY ANY OR ALL OF 28
320+THE POWERS GRANTED T O THE COUNTY UNDER § 12–803 OF THIS SUBTITLE. 29
336321
337-12–807.
322+ (B) LAND OR PROPERTY TAKE N BY THE AUTHORITY IN ACCORDAN CE WITH 30
323+A DELEGATION OF AUTHORITY FROM THE C OUNTY BY EXERCISE OF THE POWER OF 31
324+EMINENT DOMAIN MAY N OT BE TAKEN WITHOUT JUST COMPENSATION , AS AGREED 32 8 SENATE BILL 557
338325
339- (A) FOR THE PUBLIC PURPOS ES DESCRIBED UNDER § 12–803 OF THIS
340-SUBTITLE AND SUBJECT TO LOCAL LAW AND THE PROVISIONS OF THIS S UBTITLE,
341-THE AUTHORITY MAY , WITHIN WEST BALTIMORE COUNTY:
342326
343- (1) ACQUIRE, PURCHASE, OR OTHERWISE OBTAIN , HOLD, AND USE
344-ANY PROPERT Y, REAL, PERSONAL, OR MIXED, TANGIBLE OR INTANGIB LE, OR ANY
345-INTEREST THEREIN ;
327+ON BETWEEN THE PARTI ES OR AWARDED BY A J URY, BEING FIRST PAID OR 1
328+TENDERED TO THE PART Y ENTITLED TO THAT C OMPENSATION . 2
346329
347- (2) LEASE AS A LESSEE AN Y PROPERTY, REAL, PERSONAL, OR MIXED,
348-TANGIBLE OR INTANGIB LE, OR ANY INTEREST THER EIN;
330+ (C) ALL LAND OR PROPERTY NEEDED , OR TAKEN BY THE EXER CISE OF THE 3
331+POWER OF EMINENT DOM AIN, BY THE AUTHORITY IN ACCORDAN CE WITH A 4
332+DELEGATION OF AUTHOR ITY FROM THE COUNTY SHALL BE DEEMED TO B E NEEDED 5
333+OR TAKEN FOR A PUBLI C USE OR A PUBLIC BE NEFIT. 6
349334
350- (3) LEASE AS LESSOR ANY PROPERTY, REAL, PERSONAL, OR MIXED,
351-TANGIBLE OR INTANGIBL E, OR ANY INTEREST THER EIN, AT ANY TIME ACQUIRED BY
352-THE AUTHORITY;
335+ (D) LAND OR PROPERTY OW NED BY THE FEDERAL G OVERNMENT , THE 7
336+STATE, OR A LOCAL GOVERNMEN T, OR AN AGENCY OF THE FEDERAL GOVERNMENT , 8
337+THE STATE, OR A LOCAL GOVERNMEN T, MAY NOT BE ACQUIRED BY THE AUTHORITY 9
338+BY EXERCISE OF THE P OWER OF EMINENT DOMA IN WITHOUT THE PRIOR CONSENT 10
339+OF THE GOVE RNMENT OR AGENCY OWN ING THE LAND OR PROP ERTY. 11
353340
354- (4) MORTGAGE OR OTHERWIS E PLEDGE OR ENCUMBER ANY
355-PROPERTY, REAL, PERSONAL, OR MIXED, TANGIBLE OR INTANGIB LE, OR ANY
356-INTEREST THEREIN , OF THE AUTHORITY; AND
341+ (E) NOTWITHSTANDING THE D ELEGATION OF THE POW ER OF EMINENT 12
342+DOMAIN BY THE COUNTY TO THE AUTHORITY, A DECISION OF THE AUTHORITY TO 13
343+TAKE OWNER –OCCUPIED RESIDENTIAL REAL PROPERTY SHALL BE FIRST APPROVED 14
344+BY THE COUNTY COUNCIL AFTER NOTICE TO THE PROPERTY OWNE R. 15
357345
358- (5) SELL, TRANSFER, OR CONVEY ANY PROPER TY, REAL, PERSONAL,
359-OR MIXED, TANGIBLE OR INTANGIB LE, OR ANY INTEREST THER EIN, ACQUIRED BY
360-THE AUTHORITY AT ANY TIME .
346+ (B) THE AUTHORITY MAY MAKE RE COMMENDATIONS TO THE COUNTY ON 16
347+ISSUES RELATED TO TH E COUNTY’S POWER OF EMINENT D OMAIN. 17
361348
362- (B) THE AUTHORITY MAY ACCEPT GRANTS FROM , MAKE LOANS TO , AND
363-ENTER INTO CONTRACTS WITH ANY FEDERAL , STATE, OR LOCAL AGENCY OR A NY
364-PRIVATE ENTITY OR PA RTY.
365- LAWRENCE J. HOGAN, JR., Governor Ch. 717
349+ (C) THE COUNTY MAY NOT DE LEGATE THE POWER OF EMINENT DOMAIN TO 18
350+THE AUTHORITY. 19
366351
367-– 9 –
368- (C) THE AUTHORITY MAY ESTABLI SH, IMPOSE, AND COLLECT TOLLS ,
369-RATES, RENTALS, FEES, AND CHARGES RELATING TO THE AUTHORITY’S
370-UNDERTAKINGS AND PRO PERTY.
352+12–807. 20
371353
372- (D) THE BUDGETARY AND FIN ANCIAL PROCEDURES OF THE AUTHORITY
373-SHALL BE ESTABLISHED BY LOCAL LAW.
354+ (A) FOR THE PUBLIC PURPOS ES DESCRIBED UNDER § 12–803 OF THIS 21
355+SUBTITLE AND SUBJECT TO LOCAL LAW AND THE PROVISIONS OF THIS S UBTITLE, 22
356+THE AUTHORITY MAY , WITHIN WEST BALTIMORE COUNTY: 23
374357
375- (E) NO PROVISIONS OF THE CHARTER OF THE COUNT Y OR OTHER LOCAL
376-LAW REGARDING THE DU TIES, POWERS, OR ORGANIZATION OF T HE AUTHORITY
377-APPLY TO THE AUTHORITY UNLESS THE COUNTY EXPRESSLY PRO VIDES BY LOCAL
378-LAW THAT TH E CHARTER PROVISION OR OTHER LOCAL LAW A PPLIES TO THE
379-AUTHORITY.
358+ (1) ACQUIRE, PURCHASE, OR OTHERWISE OBTAIN , HOLD, AND USE 24
359+ANY PROPERT Y, REAL, PERSONAL, OR MIXED, TANGIBLE OR INTANGIB LE, OR ANY 25
360+INTEREST THEREIN ; 26
380361
381- (F) SUBJECT TO PUBLIC GEN ERAL LAW AND LOCAL L AW, THE AUTHORITY
382-HAS ALL OTHER POWERS NECESSARY OR CONVENI ENT TO CARRY OUT THE
383-PURPOSES OF THE AUTHORITY.
362+ (2) LEASE AS A LESSEE AN Y PROPERTY, REAL, PERSONAL, OR MIXED, 27
363+TANGIBLE OR INTANGIB LE, OR ANY INTEREST THER EIN; 28
384364
385-12–808.
365+ (3) LEASE AS LESSOR ANY PROPERTY, REAL, PERSONAL, OR MIXED, 29
366+TANGIBLE OR INTANGIBL E, OR ANY INTEREST THER EIN, AT ANY TIME ACQUIRED BY 30
367+THE AUTHORITY; 31
368+ SENATE BILL 557 9
386369
387- THE AUTHORITY MAY NOT BE DEEMED A MUNICIPAL CO RPORATION AS
388-DEFINED IN ARTICLE XI–E OF THE MARYLAND CONSTITUTION.
389370
390-12–809.
371+ (4) MORTGAGE OR OTHERWIS E PLEDGE OR ENCUMBER ANY 1
372+PROPERTY, REAL, PERSONAL, OR MIXED, TANGIBLE OR INTANGIB LE, OR ANY 2
373+INTEREST THEREIN , OF THE AUTHORITY; AND 3
391374
392- (A) THE AUTHORITY MAY MAKE RU LES AND REGULATIONS FOR THE
393-OPERATION AND USE OF LAND, PROPERTY, AND UNDERTAKINGS UND ER THE
394-AUTHORITY’S JURISDICTION IN TH E MANNER PROVIDED BY L OCAL LAW.
375+ (5) SELL, TRANSFER, OR CONVEY ANY PROPER TY, REAL, PERSONAL, 4
376+OR MIXED, TANGIBLE OR INTANGIB LE, OR ANY INTEREST THER EIN, ACQUIRED BY 5
377+THE AUTHORITY AT ANY TIME . 6
395378
396- (B) ANY VIOLATION OF THE RULES AND REGULATION S DULY ADOPTED BY
397-THE AUTHORITY IS A MISDEM EANOR AND IS PUNISHA BLE BY A FINE NOT TO EXCEED
398-$1,000 OR IMPRISONMENT FOR NOT MORE THAN 180 DAYS OR BOTH .
379+ (B) THE AUTHORITY MAY ACCEPT GRANTS FROM , MAKE LOANS TO , AND 7
380+ENTER INTO CONTRACTS WITH ANY FEDERAL , STATE, OR LOCAL AGENCY OR A NY 8
381+PRIVATE ENTITY OR PA RTY. 9
399382
400-12–810.
383+ (C) THE AUTHORITY MAY ESTABLI SH, IMPOSE, AND COLLECT TOLLS , 10
384+RATES, RENTALS, FEES, AND CHARGES RELATING TO THE AUTHORITY’S 11
385+UNDERTAKINGS AND PRO PERTY. 12
401386
402- (A) IN ORDER TO FINANCE OR REFINANCE , IN WHOLE OR IN PART , THE COST
403-OF ACQUISITION , DEVELOPMENT , OR REDEVELOPMENT , INCLUDING THE
404-COMPREHENSIVE RENOVA TION OR REHABILITATI ON, OF LAND OR PROPERTY FOR
405-RESIDENTIAL, COMMERCIAL , OR INDUSTRIAL PURPOS ES AND RELATED ACTIV ITIES
406-IN ACCORDANCE WITH THIS SU BTITLE, THE AUTHORITY MAY ISSUE B ONDS.
387+ (D) THE BUDGETARY AND FIN ANCIAL PROCEDURES OF THE AUTHORITY 13
388+SHALL BE ESTABLISHED BY LOCAL LAW. 14
407389
408- (B) (1) THE BONDS:
409- Ch. 717 2022 LAWS OF MARYLAND
390+ (E) NO PROVISIONS OF THE CHARTER OF THE COUNT Y OR OTHER LOCAL 15
391+LAW REGARDING THE DU TIES, POWERS, OR ORGANIZATION OF T HE AUTHORITY 16
392+APPLY TO THE AUTHORITY UNLESS THE COUNTY EXPRESSLY PRO VIDES BY LOCAL 17
393+LAW THAT THE CHARTER PROVIS ION OR OTHER LOCAL L AW APPLIES TO THE 18
394+AUTHORITY. 19
410395
411-– 10 –
412- (I) MAY NOT CONSTITUTE A DEBT OF THE COUNTY O R A PLEDGE
413-OF THE FAITH AND CRE DIT OF THE COUNTY , THE STATE, OR ANY POLITICAL
414-SUBDIVISION OF THE STATE;
396+ (F) SUBJECT TO PUBLIC GEN ERAL LAW AND LOCAL L AW, THE AUTHORITY 20
397+HAS ALL OTHER POWERS NECESSARY OR CONVENI ENT TO CARRY OUT THE 21
398+PURPOSES OF THE AUTHORITY. 22
415399
416- (II) MAY NOT BE CON SIDERED OBLIGATIONS OF THE COUNTY
417-FOR PURPOSES OF ANY DEBT LIMITATION IMPO SED ON THE COUNTY UN DER ANY
418-CONSTITUTIONAL , STATUTORY, OR OTHER CHARTER PRO VISION; AND
400+12–808. 23
419401
420- (III) SHALL BE APPROVED BY THE GOVERNING BODY O F THE
421-COUNTY PRIOR TO THEI R ISSUANCE.
402+ THE AUTHORITY MAY NOT BE DEEMED A MUNICIPA L CORPORATION AS 24
403+DEFINED IN ARTICLE XI–E OF THE MARYLAND CONSTITUTION. 25
422404
423- (2) THE BONDS, THE BORROWING WHICH THEY REPRESENT , AND THE
424-UNDERTAKING WHICH IS BEING FINANCED OR RE FINANCED ARE NOT SUB JECT TO
425-ANY REFERENDUM REQUI REMENTS OF THE CHART ER OF THE COUNTY .
405+12–809. 26
426406
427- (C) (1) THE BONDS MAY BE MADE PAYABLE AS TO PRINCI PAL, INTEREST,
428-AND REDEMPTION PREMIUM AS DETERMINED IN ACCORD ANCE WITH LOCAL LAW ,
429-INCLUDING FROM INCOM E, RECEIPTS, PROCEEDS, REVENUES, AND FUNDS OF THE
430-AUTHORITY DERIVED FRO M OR AVAILABLE OR TO BE AVAILABLE IN CONN ECTION
431-WITH ANY UNDERTAKING FOR THE ACCOMPLISHME NT OF THE PURPO SES AND
432-OBJECTIVES MENTIONED IN OR CONTEMPLATED B Y THIS SUBTITLE, INCLUDING:
407+ (A) THE AUTHORITY MAY MAKE RU LES AND REGULATIONS FOR THE 27
408+OPERATION AND USE OF LAND, PROPERTY, AND UNDERTAKINGS UND ER THE 28
409+AUTHORITY’S JURISDICTION IN TH E MANNER PROVIDED BY LO CAL LAW. 29
433410
434- (I) THE PROCEEDS OF LOAN S, GRANTS, OR CONTRIBUTIONS
435-FROM THE UNITED STATES OF AMERICA, THE STATE OF MARYLAND, OR ANY
436-DEPARTMENT OR AGENCY THEREOF, ANY FUNDS OF THE COU NTY THAT MAY BE
437-LAWFULLY AVAILABLE , OR ANY OTHER SOURCE AND COMPENSATION PAI D FROM
438-APPROPRIATED FUNDS B Y THE COUNTY FOR LAN D OR PROPERTY RETAIN ED BY THE
439-COUNTY; OR
411+ (B) ANY VIOLATION OF THE RULES AND REGULATION S DULY ADOPTED BY 30
412+THE AUTHORITY IS A MISDEM EANOR AND IS PUNISHA BLE BY A FINE NOT TO EXCEED 31
413+$1,000 OR IMPRISONMENT FOR NOT MORE THAN 180 DAYS OR BOTH. 32
414+ 10 SENATE BILL 557
440415
441- (II) ANY CONTRACT OR AGRE EMENT OR RIGHTS THER EUNDER
442-BETWEEN THE UNITED STATES, THE STATE OF MARYLAND, OR ANY DEPARTMENT
443-OR AGENCY THEREOF , OR ANY OTHER PUBLIC OR PRIVATE ENTITY OR INDIVIDUAL,
444-AND THE AUTHORITY WITH RESPEC T TO ANY UNDERTAKING S FOR THE
445-ACCOMPLISHMENT OF TH E PURPOSES AND OBJEC TIVES MENTIONED IN O R
446-CONTEMPLATED BY THE PROVISIONS OF THIS SUBTITLE.
447416
448- (2) PAYMENT OF THE BONDS , AS TO PRINCIPAL , INTEREST, AND
449-REDEMPTION PREMIUM , MAY BE FURTHER SECUR ED BY A MORTGAGE OF ALL OR
450-ANY PART OF LAND , PROPERTY, OR DEVELOPMENT OR RE DEVELOPMENT PROJECTS ,
451-TITLE TO WHICH IS IN THE AUTHORITY OR ANY OTHE R PUBLIC OR PRIVATE EN TITY
452-OR INDIVIDUAL, AS DETERMINED IN ACC ORDANCE WITH LOCAL L AW.
453- LAWRENCE J. HOGAN, JR., Governor Ch. 717
417+12–810. 1
454418
455-– 11 –
456- (D) BY RESOLUTION, THE AUTHORITY MAY DETERMI NE ALL MATTERS WITH
457-RESPECT TO THE ISSUA NCE, SALE, DELIVERY, AND PAYMENT OF AND F OR THE
458-BONDS, INCLUDING THE ISSUE DATE OR DATES, MATURITY OR MATURITI ES,
459-INTEREST RATE OR RAT ES OR MANNER OF DETE RMINING INTEREST , TERMS, FORM
460-OR FORMS, DENOMINATION OR DENO MINATIONS, MANNER OF EXECUTION , PLACE
461-OR PLACES OF PAYMENT , SOURCE OR SOURCES OF PAYMENT, REDEMPTION ,
462-REFUNDING, SALE PRICE, MANNER OF SALE , SECURITY, AND THE FORMS OF ANY
463-NECESSARY OR APPROPR IATE DOCUMENTS , INCLUDING TRUST INDE NTURES,
464-ESCROW AGREEMENTS , AND MORTGAGES .
419+ (A) IN ORDER TO FIN ANCE OR REFINANCE , IN WHOLE OR IN PART , THE COST 2
420+OF ACQUISITION , DEVELOPMENT , OR REDEVELOPMENT , INCLUDING THE 3
421+COMPREHENSIVE RENOVA TION OR REHABILITATI ON, OF LAND OR PROPERTY FOR 4
422+RESIDENTIAL, COMMERCIAL , OR INDUSTRIAL PURPOS ES AND RELATED ACTIV ITIES 5
423+IN ACCORDANCE WITH THIS SUB TITLE, THE AUTHORITY MAY ISSUE B ONDS. 6
465424
466- (E) (1) NOTWITHSTANDING THE P ROVISIONS OF SUBSECT ION (B) OF THIS
467-SECTION AND TO THE E XTENT NOT INCONSISTE NT WITH ANY CONSTITUTION AL OR
468-CHARTER PROVISION OR PUBLIC GENERAL LAW , ANY ISSUE OF BONDS M AY BE
469-GUARANTEED , IN WHOLE OR IN PART , AS TO PAYMENT OF PRI NCIPAL, INTEREST, OR
470-REDEMPTION PREMIUM , BY AND UPON THE FULL FAITH AND CREDIT OF THE
471-COUNTY.
425+ (B) (1) THE BONDS: 7
472426
473- (2) THE GUARANTEE OF THE COUNTY B Y AND UPON THE FULL FAITH
474-AND CREDIT OF THE CO UNTY CONCERNING THE PAYMENT OF THE PRINC IPAL OF, OR
475-INTEREST OR REDEMPTI ON PREMIUM ON , ANY BONDS IS SUBJECT TO ANY
476-APPLICABLE REFERENDU M REQUIREMENTS OF TH E CHARTER OF THE COU NTY.
427+ (I) MAY NOT CONSTITUTE A DEBT OF THE COUNTY O R A PLEDGE 8
428+OF THE FAITH AND CRE DIT OF THE COUNTY , THE STATE, OR ANY POLITICAL 9
429+SUBDIVISION OF THE STATE; 10
477430
478- (F) THE BONDS, THE TRANSFER OF THE BONDS, THE INTEREST PAYABLE ON
479-THE BONDS, AND ANY INCOME DERIV ED FROM THE BONDS , INCLUDING ANY PROFIT
480-REALIZED IN THE SALE OR EXCHANGE OF THE B ONDS, SHALL BE EXEMPT AT A LL
481-TIMES FROM TAXATION BY THE STATE OR ANY COUNTY , MUNICIPAL CORPORATION ,
482-OR PUBLIC AGENCY OF ANY KIND.
431+ (II) MAY NOT BE CONSIDERED OBLIGATIO NS OF THE COUNTY 11
432+FOR PURPOSES OF ANY DEBT LIMITATION IMPO SED ON THE COUNTY UN DER ANY 12
433+CONSTITUTIONAL , STATUTORY, OR OTHER CHARTER PRO VISION; AND 13
483434
484- (G) THE BONDS ARE EXEMPT FROM THE PROVISIONS OF §§ 19–205 AND
485-19–206 OF THE LOCAL GOVERNMENT ARTICLE.
435+ (III) SHALL BE APPROVED BY THE GOVERNING BODY O F THE 14
436+COUNTY PRIOR TO THEI R ISSUANCE. 15
486437
487- (H) (1) A PLEDGE BY THE AUTHORITY OF REVENUES AS SECURITY FOR
488-AN ISSUE OF BONDS SH ALL BE VALID AND BIN DING FROM THE TIME THE PLEDGE IS
489-MADE.
438+ (2) THE BONDS, THE BORROWING WHICH THEY REPRESENT , AND THE 16
439+UNDERTAKING WHICH IS BEING FINANCED OR RE FINANCED ARE NOT SUB JECT TO 17
440+ANY REFERENDUM REQUI REMENTS OF THE CHART ER OF THE COUNTY . 18
490441
491- (2) REVENUES PLEDGED BY T HE AUTHORITY ARE SUBJECT
492-IMMEDIATELY TO THE L IEN OF THE PLEDGE WI THOUT ANY PHYSICAL D ELIVERY OR
493-FURTHER ACT .
442+ (C) (1) THE BONDS MAY BE MADE PAYABLE AS TO PRINCI PAL, INTEREST, 19
443+AND REDEMPTION PREMIUM A S DETERMINED IN ACCO RDANCE WITH LOCAL LA W, 20
444+INCLUDING FROM INCOM E, RECEIPTS, PROCEEDS, REVENUES, AND FUNDS OF THE 21
445+AUTHORITY DERIVED FRO M OR AVAILABLE OR TO BE AVAILABLE IN CONN ECTION 22
446+WITH ANY UNDERTAKING FOR THE ACCOMPLISHME NT OF THE PU RPOSES AND 23
447+OBJECTIVES MENTIONED IN OR CONTEMPLATED B Y THIS SUBTITLE, INCLUDING: 24
494448
495- (3) THE LIEN OF ANY PLEDG E IS VALID AND BINDI NG AGAINST ANY
496-PERSON HAVING ANY CL AIM OF ANY KIND IN T ORT, CONTRACT, OR OTHERWISE
497-AGAINST THE AUTHORITY, WHETHER OR NOT THE P ERSON HAS NOTICE OF THE
498-LIEN. Ch. 717 2022 LAWS OF MARYLAND
449+ (I) THE PROCEEDS OF LOAN S, GRANTS, OR CONTRIBUTIONS 25
450+FROM THE UNITED STATES OF AMERICA, THE STATE OF MARYLAND, OR ANY 26
451+DEPARTMENT OR AGENCY THEREOF, ANY FUNDS OF THE COU NTY THAT MAY BE 27
452+LAWFULLY AVAILABLE , OR ANY OTHER SOURCE AND COMPENSATION PAI D FROM 28
453+APPROPRIATED FUNDS B Y THE COUNTY FOR LAN D OR PROPERTY RETAIN ED BY THE 29
454+COUNTY; OR 30
499455
500-– 12 –
456+ (II) ANY CONTRACT OR AGRE EMENT OR RIGHTS THER EUNDER 31
457+BETWEEN THE UNITED STATES, THE STATE OF MARYLAND, OR ANY DEPARTMENT 32
458+OR AGENCY THEREOF , OR ANY OTHER PUBLIC OR PRIVATE ENTITY OR INDIVIDUAL, 33
459+AND THE AUTHORITY WITH RESPEC T TO ANY UNDERTAKING S FOR THE 34 SENATE BILL 557 11
501460
502- (4) NOTWITHSTANDING ANY P ROVISION OF PUBLIC G ENERAL OR
503-PUBLIC LOCAL LAW , PERFECTION AGAINST T HIRD PARTIES OF A LI EN OF A PLEDGE
504-BY THE AUTHORITY OF THE AUTHORITY’S REVENUES DOES NOT REQUIRE THE
505-FILING OR RECORDING OF A RESOLUTION , TRUST AGREEMENT , FINANCING
506-STATEMENT, CONTINUATION , OR OTHER STATEMENT O R INSTRUMENT ADOPTED OR
507-ENTERED INTO BY THE AUTHORITY IN ANY PUBL IC RECORD OTHER THAN THE
508-RECORDS OF THE AUTHORITY.
509461
510- (I) (1) UNLESS THE BONDS ARE GUARANTEED BY AND UP ON THE FULL
511-FAITH AND CREDIT OF THE COUNTY AND ARE A PPROVED IN A REFEREN DUM BY THE
512-VOTERS OF THE COUNTY IN ACCORDANCE WITH S UBSECTION (E) OF THIS SECTION,
513-THE AUTHORITY MAY N OT ISSUE BONDS UNDER THIS SECTION UNTIL A FTER THE
514-AUTHORITY HAS HELD A PUBLIC HEARING IN TH E COUNTY ON THE PROP OSED
515-BONDS.
462+ACCOMPLISHMENT OF TH E PURPOSES AND OBJEC TIVES MENTIONED IN O R 1
463+CONTEMPLATED BY THE PROVISIONS OF TH IS SUBTITLE. 2
516464
517- (2) THE AUTHORITY SHALL NOTIF Y THE BALTIMORE COUNTY
518-DELEGATIONS OF THE HOUSE OF DELEGATES AND THE SENATE OF MARYLAND OF
519-A PROPOSED ISSUANCE OF BONDS AT LEAST 2 WEEKS BEFORE HOLDING THE PUBLIC
520-HEARING REQUIRED UND ER PARAGRAPH (1) OF THIS SUBSECTION .
465+ (2) PAYMENT OF THE BONDS , AS TO PRINCIPAL , INTEREST, AND 3
466+REDEMPTION PREMIUM , MAY BE FURTHER SECUR ED BY A MORTGAGE OF ALL OR 4
467+ANY PART OF LAND , PROPERTY, OR DEVELOPMENT OR RE DEVELOPMENT PROJECTS , 5
468+TITLE TO WHICH IS IN THE AUTHORITY OR ANY OTHE R PUBLIC OR PRIVATE ENTITY 6
469+OR INDIVIDUAL, AS DETERMINED IN ACC ORDANCE WITH LOCAL L AW. 7
521470
522-12–811.
471+ (D) BY RESOLUTION, THE AUTHORITY MAY DETERMI NE ALL MATTERS WITH 8
472+RESPECT TO THE ISSUA NCE, SALE, DELIVERY, AND PAYMENT OF AND F OR THE 9
473+BONDS, INCLUDING THE ISSUE DATE OR DATES, MATURITY OR MATURITI ES, 10
474+INTEREST RATE OR RAT ES OR MANNER OF DETE RMINING INTEREST , TERMS, FORM 11
475+OR FORMS, DENOMINATION OR DENO MINATIONS, MANNER OF EXECUTION , PLACE 12
476+OR PLACES OF PAYMENT , SOURCE OR SOURCES OF PAYMENT, REDEMPTION , 13
477+REFUNDING, SALE PRICE, MANNER OF SALE , SECURITY, AND THE FORMS OF ANY 14
478+NECESSARY OR APPROPR IATE DOCUMENTS , INCLUDING TRUST INDE NTURES, 15
479+ESCROW AGREEMENTS , AND MORTGAGES . 16
523480
524- AS SPECIFIED BY LOCAL LAW AND TO THE EXTEN T NOT INCONSISTENT W ITH
525-ANY CONSTITUTIONAL O R CHARTER PROVISION OR ANY PUBLIC GENERA L OR
526-PUBLIC LOCAL LAW , THE COUNTY MAY :
481+ (E) (1) NOTWITHSTANDING THE P ROVISIONS OF SUBSECT ION (B) OF THIS 17
482+SECTION AND TO THE E XTENT NOT INCONSISTE NT WITH ANY CONSTITUTION AL OR 18
483+CHARTER PROVISION OR PUBLIC GENERAL LAW , ANY ISSUE OF BONDS M AY BE 19
484+GUARANTEED , IN WHOLE OR IN PART , AS TO PAYMENT OF PRI NCIPAL, INTEREST, OR 20
485+REDEMPTION PREMIUM , BY AND UPON THE FULL FAITH AND CREDIT OF THE 21
486+COUNTY. 22
527487
528- (1) ASSIGN, PLEDGE, GRANT, CONTRIBUTE , OR PROVIDE TO THE
529-REDEVELOPMENT AUTHOR ITY ANY TAXES, RATES, RENTALS, FEES, CHARGES, OR
530-OTHER FUNDS HELD OR RECEIVABLE BY THE CO UNTY FOR ANY PURPOSE , AND
531-ASSIGN, PLEDGE, LEASE, OR OTHERWISE CONVEY TO THE AUTHORITY, OR
532-ENCUMBER ANY LAND OR PROPERTY OWNED OR OT HERWISE HELD BY THE COUNTY,
533-INCLUDING AS ADDITIO NAL SECURITY FOR ANY BONDS OF THE AUTHORITY; AND
488+ (2) THE GUARANTEE OF THE COUNTY B Y AND UPON THE FULL FAITH 23
489+AND CREDIT OF THE CO UNTY CONCERNING THE PAYMENT OF THE PRINC IPAL OF, OR 24
490+INTEREST OR REDEMPTI ON PREMIUM ON , ANY BONDS IS SUBJECT TO ANY 25
491+APPLICABLE REFERENDU M REQUIREMENTS OF TH E CHARTER OF THE COU NTY. 26
534492
535- (2) (I) ADVANCE AMOUNTS TO T HE AUTHORITY FOR ANY PUR POSE,
536-INCLUDING PAYME NT OF PRELIMINARY EX PENDITURES RELATING TO ANY
537-UNDERTAKINGS OF THE AUTHORITY OR FOR DEFI CIENCIES IN DEBT SER VICES
538-REQUIREMENTS ; AND
493+ (F) THE BONDS, THE TRANSFER OF THE BONDS, THE INTEREST PAYABLE ON 27
494+THE BONDS, AND ANY INCOME DERIV ED FROM THE BONDS , INCLUDING ANY PROFIT 28
495+REALIZED IN THE SALE OR EXCHANGE OF THE B ONDS, SHALL BE EXEMPT AT A LL 29
496+TIMES FROM TAXATION BY THE STATE OR ANY COUNTY , MUNICIPAL CORPORATION , 30
497+OR PUBLIC AGENCY OF ANY KIND. 31
539498
540- (II) PROVIDE FOR THE REPA YMENT OR FORGIVENESS OF THE
541-ADVANCES.
499+ (G) THE BONDS ARE EXEMPT FROM THE PROVISIONS OF §§ 19–205 AND 32
500+19–206 OF THE LOCAL GOVERNMENT ARTICLE. 33
542501
543-12–812. LAWRENCE J. HOGAN, JR., Governor Ch. 717
502+ (H) (1) A PLEDGE BY THE AUTHORITY OF REVENUES AS SECURITY FOR 34
503+AN ISSUE OF BONDS SH ALL BE VALID AND BINDING FROM THE TIM E THE PLEDGE IS 35
504+MADE. 36
505+ 12 SENATE BILL 557
544506
545-– 13 –
546507
547- NOTWITHSTANDING ANY O THER PROVISION OF TH IS SUBTITLE AND TO THE
548-EXTENT NOT INCONSIST ENT WITH ANY CONSTIT UTIONAL OR CHARTER P ROVISION
549-OR ANY PUBLIC GENERA L OR PUBLIC LOCAL LA W, THE AUTHORITY, AS PROVIDED
550-BY LOCAL LAW, MAY:
508+ (2) REVENUES PLEDGED BY T HE AUTHORITY ARE SUBJECT 1
509+IMMEDIATELY TO THE L IEN OF THE PLEDGE WI THOUT ANY PHYSICAL D ELIVERY OR 2
510+FURTHER ACT . 3
551511
552- (1) RECEIVE AND APPLY TO THE AUTHORITY’S CORPORATE
553-PURPOSES AND UNDERTA KINGS ANY GRANTS, CONTRIBUTIONS , PLEDGES, LOANS,
554-OR OTHER AMOUNTS FRO M THE STATE, THE COUNTY, THE FEDERAL GOVERNME NT,
555-ANY OTHER GOVERNMENT AL UNIT, OR ANY PUBLIC OR PRI VATE ENTITY OR PARTY ;
556-AND
512+ (3) THE LIEN OF ANY PLEDG E IS VALID AND BINDI NG AGAINST ANY 4
513+PERSON HAVING ANY CLAIM OF ANY KIN D IN TORT, CONTRACT, OR OTHERWISE 5
514+AGAINST THE AUTHORITY, WHETHER OR NOT THE P ERSON HAS NOTICE OF THE 6
515+LIEN. 7
557516
558- (2) TO THE EXTENT NOT IN CONSISTENT WITH ANY CONTRACT,
559-INSTRUMENT , OR LAW RELATING TO A GRANT, A CONTRIBUTION , A PLEDGE, A LOAN,
560-OR ANY OTHER AMOUNT , PLEDGE THE RECEIPTS AS SECURITY FOR ANY OF THE
561-AUTHORITY’S BONDS.
517+ (4) NOTWITHSTANDING ANY P ROVISION OF PUBLIC G ENERAL OR 8
518+PUBLIC LOCAL LAW , PERFECTION AGAINST T HIRD PARTIES OF A LI EN OF A PLEDG E 9
519+BY THE AUTHORITY OF THE AUTHORITY’S REVENUES DOES NOT REQUIRE THE 10
520+FILING OR RECORDING OF A RESOLUTION , TRUST AGREEMENT , FINANCING 11
521+STATEMENT, CONTINUATION , OR OTHER STATEMENT O R INSTRUMENT ADOPTED OR 12
522+ENTERED INTO BY THE AUTHORITY IN ANY PUBL IC RECORD OTHE R THAN THE 13
523+RECORDS OF THE AUTHORITY. 14
562524
563-12–813.
525+ (I) (1) UNLESS THE BONDS ARE GUARANTEED BY AND UP ON THE FULL 15
526+FAITH AND CREDIT OF THE COUNTY AND ARE A PPROVED IN A REFEREN DUM BY THE 16
527+VOTERS OF THE COUNTY IN ACCORDANCE WITH S UBSECTION (E) OF THIS SECTION, 17
528+THE AUTHORITY MAY NOT ISSUE BONDS UNDER THIS SECTION U NTIL AFTER THE 18
529+AUTHORITY HAS HELD A PUBLIC HEARING IN TH E COUNTY ON THE PROP OSED 19
530+BONDS. 20
564531
565- (A) THE PROPERTY OWNED OR HELD BY AND THE REVE NUES OF THE
566-AUTHORITY ARE EXEMPT FROM TAXATION OF EVERY KIND BY THE STATE OR ANY
567-COUNTY, MUNICIPAL CORPORATIO N, OR PUBLIC UNIT.
532+ (2) THE AUTHORITY SHALL NOTIF Y THE BALTIMORE COUNTY 21
533+DELEGATIONS OF THE HOUSE OF DELEGATES AND THE SENATE OF MARYLAND OF 22
534+A PROPOSED ISSUANCE OF B ONDS AT LEAST 2 WEEKS BEFORE HOLDING THE PUBLIC 23
535+HEARING REQUIRED UND ER PARAGRAPH (1) OF THIS SUBSECTION . 24
568536
569- (B) NOTWITHSTANDING THE P ROVISIONS OF SUBSECT ION (A) OF THIS
570-SECTION, ON A REQUEST OF THE AUTHORITY, THE COUNTY , BY LOCAL LAW , MAY
571-PROVIDE FOR A NEGOTI ATED PAYMENT IN LIEU OF TAXES FOR PROPERTY OW NED
572-OR HELD BY THE AUTHORITY.
537+12–811. 25
573538
574-12–814.
539+ AS SPECIFIED BY LOCAL LAW AND TO THE EXTEN T NOT INCONSISTENT W ITH 26
540+ANY CONSTITUTIONAL O R CHARTER PROVISION OR ANY PUBLIC GENERAL OR 27
541+PUBLIC LOCAL LAW , THE COUNTY MAY : 28
575542
576- (A) THE NET EARNINGS OF T HE AUTHORITY, APART FROM THOSE
577-NECESSARY TO PAY DEB T SERVICE OR TO IMPL EMENT THE PURPOSES O F THIS
578-SUBTITLE, MAY NOT INURE TO THE BENEFIT OF ANY PERSO N OTHER THAN THE
579-COUNTY.
543+ (1) ASSIGN, PLEDGE, GRANT, CONTRIBUTE , OR PROVIDE TO THE 29
544+REDEVELOPMENT AUTHOR ITY ANY TAXES, RATES, RENTALS, FEES, CHARGES, OR 30
545+OTHER FUNDS HELD OR RECEIVABLE BY THE CO UNTY FOR ANY PURPOSE , AND 31
546+ASSIGN, PLEDGE, LEASE, OR OTHERWISE CONVEY TO THE AUTHORITY, OR 32
547+ENCUMBER ANY LAND OR PROPERTY OWNED OR OT HERWISE HELD BY THE COUNTY, 33
548+INCLUDING AS ADDITIO NAL SECURITY FOR ANY BONDS OF THE AUTHORITY; AND 34
580549
581- (B) ON TERMINATION OF THE AUTHORITY, ALL RIGHTS AND TITLE TO ALL
582-ASSETS OF THE AUTHORITY SHALL VEST IN, AND ALL OBLIGATIONS AND LIABILITIES
583-OF THE AUTHORITY MAY BE TRAN SFERRED TO AND ASSUM ED BY, THE COUNTY.
550+ (2) (I) ADVANCE AMOUNTS TO T HE AUTHORITY FOR ANY PUR POSE, 35
551+INCLUDING PAYMENT OF PRELIMINA RY EXPENDITURES RELA TING TO ANY 36 SENATE BILL 557 13
584552
585-12–815.
586553
587- NOTWITHSTANDING ANY O THER PROVISION OF THIS SU BTITLE, THE
588-AUTHORITY SHALL COMPL Y WITH ALL APPLICABL E ZONING AND PLANNIN G
589-REQUIREMENTS . Ch. 717 2022 LAWS OF MARYLAND
554+UNDERTAKINGS OF THE AUTHORITY OR FOR DEFI CIENCIES IN DEBT SER VICES 1
555+REQUIREMENTS ; AND 2
590556
591-– 14 –
557+ (II) PROVIDE FOR THE REPA YMENT OR FORGIVENESS OF THE 3
558+ADVANCES. 4
592559
593- SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
594-October 1, 2022.
560+12–812. 5
595561
596-Enacted under Article II, § 17(c) of the Maryland Constitution, May 29, 2022.
562+ NOTWITHSTANDING ANY O THER PROVISION OF T HIS SUBTITLE AND TO THE 6
563+EXTENT NOT INCONSIST ENT WITH ANY CONSTIT UTIONAL OR CHARTER P ROVISION 7
564+OR ANY PUBLIC GENERA L OR PUBLIC LOCAL LA W, THE AUTHORITY, AS PROVIDED 8
565+BY LOCAL LAW, MAY: 9
566+
567+ (1) RECEIVE AND APPLY TO THE AUTHORITY’S CORPORATE 10
568+PURPOSES AND UNDERTAKINGS ANY GRA NTS, CONTRIBUTIONS , PLEDGES, LOANS, 11
569+OR OTHER AMOUNTS FRO M THE STATE, THE COUNTY, THE FEDERAL GOVERNME NT, 12
570+ANY OTHER GOVERNMENT AL UNIT, OR ANY PUBLIC OR PRI VATE ENTITY OR PARTY ; 13
571+AND 14
572+
573+ (2) TO THE EXTENT NOT IN CONSISTENT WITH ANY CONTRACT, 15
574+INSTRUMENT , OR LAW RELATING TO A GRANT, A CONTRIBUTION , A PLEDGE, A LOAN, 16
575+OR ANY OTHER AMOUNT , PLEDGE THE RECEIPTS AS SECURITY FOR ANY OF THE 17
576+AUTHORITY’S BONDS. 18
577+
578+12–813. 19
579+
580+ (A) THE PROPERTY OWNED OR HELD BY AND THE REVE NUES OF THE 20
581+AUTHORITY ARE EXEMPT FROM TAXATION OF EVERY KI ND BY THE STATE OR ANY 21
582+COUNTY, MUNICIPAL CORPORATIO N, OR PUBLIC UNIT. 22
583+
584+ (B) NOTWITHSTANDING THE P ROVISIONS OF SUBSECT ION (A) OF THIS 23
585+SECTION, ON A REQUEST OF THE AUTHORITY, THE COUNTY , BY LOCAL LAW , MAY 24
586+PROVIDE FOR A NEGOTI ATED PAYMENT IN LIEU OF TAXES FOR PROPERTY OWNED 25
587+OR HELD BY THE AUTHORITY. 26
588+
589+12–814. 27
590+
591+ (A) THE NET EARNINGS OF T HE AUTHORITY, APART FROM THOSE 28
592+NECESSARY TO PAY DEB T SERVICE OR TO IMPL EMENT THE PURPOSES O F THIS 29
593+SUBTITLE, MAY NOT INURE TO THE BENEFIT OF ANY PERSO N OTHER THAN THE 30
594+COUNTY. 31
595+ 14 SENATE BILL 557
596+
597+
598+ (B) ON TERMINATION OF THE AUTHORITY, ALL RIGHTS AND TITLE TO ALL 1
599+ASSETS OF THE AUTHORITY SHALL VEST IN, AND ALL OBLIGATIONS AND LIABILITIES 2
600+OF THE AUTHORITY MAY BE TRAN SFERRED TO AND ASSUM ED BY, THE COUNTY. 3
601+
602+12–815. 4
603+
604+ NOTWITHSTANDING ANY OTHER PROVISION OF T HIS SUBTITLE , THE 5
605+AUTHORITY SHALL COMPL Y WITH ALL APPLICABL E ZONING AND PLANNIN G 6
606+REQUIREMENTS . 7
607+
608+ SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 8
609+October 1, 2022. 9
610+
611+
612+
613+
614+
615+Approved:
616+________________________________________________________________________________
617+ Governor.
618+________________________________________________________________________________
619+ President of the Senate.
620+________________________________________________________________________________
621+ Speaker of the House of Delegates.