Maryland 2023 Regular Session

Maryland Senate Bill SB130

Introduced
1/11/23  

Caption

Economic Development - Maryland Stadium Authority - Charles County Sports and Wellness Center

Impact

The proposed legislation will impact several aspects of Maryland state laws concerning the handling of sports and wellness facilities through the Maryland Stadium Authority. It creates a dedicated fund, the Charles County Sports and Wellness Center Fund, ensuring ongoing financial support for the operations, maintenance, and potential improvements of the facility. The establishment of this fund aims to facilitate project financing while allowing Charles County to retain operation control and revenue from the facility, which is essential for maximizing economic returns on the investment made.

Summary

Senate Bill 130, titled 'Economic Development - Maryland Stadium Authority - Charles County Sports and Wellness Center', aims to authorize the Maryland Stadium Authority to oversee the acquisition and establishment of a new Sports and Wellness Center in Charles County. This legislation outlines the Authority's ability to review, finance, and ultimately transfer ownership of the facility to Charles County, contingent upon a written agreement with the Board of Public Works. This bill is intended to foster economic growth in the region by promoting various community and recreational events at the Center.

Contention

Notable points of contention surrounding SB130 include the state's role in funding and managing such facilities versus local autonomy. Critics may voice concerns about reliance on state funding and the implications it could hold for funding other essential services in the community. Additionally, discussions may arise over the long-term economic viability of the Sports and Wellness Center and potential objections from those who believe that public funds should not be used for sporting facilities that may favor private entity interests.

Companion Bills

MD SB685

Carry Over Economic Development - Maryland Stadium Authority - Charles County Multicultural Recreational and Amphitheatre Facilities

Similar Bills

MD SB685

Economic Development - Maryland Stadium Authority - Charles County Multicultural Recreational and Amphitheatre Facilities

MD HB897

Economic Development - Sports Entertainment Facilities and Events, Prince George's County Blue Line Corridor Facilities, and Racing Facilities

MD HB1128

Economic Development - Maryland Stadium Authority - Baltimore City Infrastructure Projects

MD SB856

Economic Development – Maryland Stadium Authority – Baltimore City Infrastructure Projects

MD SB442

Economic Development – Sports Entertainment Facilities – Financing and Construction

MD SB361

Creation of a State Debt - Maryland Consolidated Capital Bond Loan of 2024, and the Maryland Consolidated Capital Bond Loans of 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, and 2023

MD HB351

Creation of a State Debt - Maryland Consolidated Capital Bond Loan of 2024, and the Maryland Consolidated Capital Bond Loans of 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, and 2023

MD HB301

Creation of a State Debt - Maryland Consolidated Capital Bond Loan of 2022, and the Maryland Consolidated Capital Bond Loans of 2014, 2015, 2016, 2017, 2018, 2019, 2020, and 2021