MD
Maryland House Bill HB534

Maryland 2024 Regular Session

Maryland House Bill HB534 Compare Versions

OldNewDifferences
1- WES MOORE, Governor Ch. 264
21
3-– 1 –
4-Chapter 264
5-(House Bill 534)
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+ *hb0534*
89
9-Community Development Administration – Live Near Your School Program –
10-Funding and Extension
10+HOUSE BILL 534
11+C9, F2 4lr2571
12+ CF SB 90
13+By: Delegates Ruff, Acevero, Attar, Crutchfield, Embry, Rosenberg, Spiegel, Toles,
14+Wilkins, and Williams Williams, Addison, J. Long, and Ruth
15+Introduced and read first time: January 24, 2024
16+Assigned to: Environment and Transportation
17+Committee Report: Favorable with amendments
18+House action: Adopted
19+Read second time: March 2, 2024
1120
12-FOR the purpose of requiring the Governor, for certain fiscal years, to include in the annual
13-budget bill an appropriation for the Live Near Your School program in the
14-Community Development Administration; extending the termination date for the
15-program Live Near Your School program and a related homebuyer program; and
16-generally relating to the Live Near Your School program.
21+CHAPTER ______
1722
18-BY repealing and reenacting, without amendments,
19- Article – Housing and Community Development
20-Section 4–101(a) and (b) and 4–217(a) and (b)
21- Annotated Code of Maryland
22- (2019 Replacement Volume and 2023 Supplement)
23+AN ACT concerning 1
2324
24-BY repealing and reenacting, with amendments,
25- Article – Housing and Community Development
26-Section 4–217(e)
27- Annotated Code of Maryland
28- (2019 Replacement Volume and 2023 Supplement)
25+Community Development Administration – Live Near Your School Program – 2
26+Funding and Extension 3
2927
30-BY repealing and reenacting, with amendments,
31- Chapter 247 of the Acts of the General Assembly of 2021
32- Section 2
28+FOR the purpose of requiring the Governor, for certain fiscal years, to include in the annual 4
29+budget bill an appropriation for the Live Near Your School program in the 5
30+Community Development Administration; extending the termination date for the 6
31+program Live Near Your School program and a related homebuyer program; and 7
32+generally relating to the Live Near Your School program. 8
3333
34- SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND,
35-That the Laws of Maryland read as follows:
34+BY repealing and reenacting, without amendments, 9
35+ Article – Housing and Community Development 10
36+Section 4–101(a) and (b) and 4–217(a) and (b) 11
37+ Annotated Code of Maryland 12
38+ (2019 Replacement Volume and 2023 Supplement) 13
3639
37-Article – Housing and Community Development
40+BY repealing and reenacting, with amendments, 14
41+ Article – Housing and Community Development 15
42+Section 4–217(e) 16
43+ Annotated Code of Maryland 17
44+ (2019 Replacement Volume and 2023 Supplement) 18
3845
39-4–101.
46+BY repealing and reenacting, with amendments, 19
47+ Chapter 247 of the Acts of the General Assembly of 2021 20
48+ Section 2 21 2 HOUSE BILL 534
4049
41- (a) In this title the following words have the meanings indicated.
4250
43- (b) “Administration” means the Community Development Administration.
4451
45-4–217.
52+ SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 1
53+That the Laws of Maryland read as follows: 2
4654
47- (a) A project, undertaking, or a part of a project or undertaking, including the
48-real, personal, and mixed property involved, qualifies as a community development project Ch. 264 2024 LAWS OF MARYLAND
55+Article – Housing and Community Development 3
4956
50-– 2 –
51-if it is planned, acquired, owned, developed, constructed, reconstructed, rehabilitated,
52-repaired, renovated, or improved to promote sound community development.
57+4–101. 4
5358
54- (b) A community development project shall provide for:
59+ (a) In this title the following words have the meanings indicated. 5
5560
56- (1) new or existing housing:
61+ (b) “Administration” means the Community Development Administration. 6
5762
58- (i) that is or will be occupied in substantial part by families of
59-limited income; or
63+4–217. 7
6064
61- (ii) at least 20% of which is or will be occupied by families of limited
62-income, if the project is financed with bonds, notes, or other evidences of indebtedness
63-issued by the Administration, the income from which being includable in the holder’s gross
64-income under the Internal Revenue Code as determined by the Administration at the time
65-of issue;
65+ (a) A project, undertaking, or a part of a project or undertaking, including the 8
66+real, personal, and mixed property involved, qualifies as a community development project 9
67+if it is planned, acquired, owned, developed, constructed, reconstructed, rehabilitated, 10
68+repaired, renovated, or improved to promote sound community development. 11
6669
67- (2) any improvements, such as streets, roads, sewer lines, and water lines
68-that are needed to support the housing; and
70+ (b) A community development project shall provide for: 12
6971
70- (3) the public or private commercial, educational, cultural, recreational,
71-community, or civic facilities that are needed to support the housing.
72+ (1) new or existing housing: 13
7273
73- (e) (1) (i) In this subsection the following words have the meanings
74-indicated.
74+ (i) that is or will be occupied in substantial part by families of 14
75+limited income; or 15
7576
76- (ii) “Current student” means an individual who:
77+ (ii) at least 20% of which is or will be occupied by families of limited 16
78+income, if the project is financed with bonds, notes, or other evidences of indebtedness 17
79+issued by the Administration, the income from which being includable in the holder’s gross 18
80+income under the Internal Revenue Code as determined by the Administration at the time 19
81+of issue; 20
7782
78- 1. attends a public institution of higher education in the
79-State; and
83+ (2) any improvements, such as streets, roads, sewer lines, and water lines 21
84+that are needed to support the housing; and 22
8085
81- 2. is a degree–seeking, full–time equivalent student in an
82-undergraduate level, graduate level, or professional degree program.
86+ (3) the public or private commercial, educational, cultural, recreational, 23
87+community, or civic facilities that are needed to support the housing. 24
8388
84- (iii) “Public institution of higher education” has the meaning stated
85-in § 10–101 of the Education Article.
89+ (e) (1) (i) In this subsection the following words have the meanings 25
90+indicated. 26
8691
87- (iv) “Recent graduate” means an individual who, within 5 years
88-before applying for assistance under this section, graduated from a public institution of
89-higher education in the State with at least:
92+ (ii) “Current student” means an individual who: 27
9093
91- 1. 120 credits in an undergraduate level program; or
94+ 1. attends a public institution of higher education in the 28
95+State; and 29
96+ HOUSE BILL 534 3
9297
93- 2. 30 credits in a graduate level or professional degree
94-program.
95- WES MOORE, Governor Ch. 264
9698
97-– 3 –
98- (2) The Administration may administer community development projects
99-that:
99+ 2. is a degree–seeking, full–time equivalent student in an 1
100+undergraduate level, graduate level, or professional degree program. 2
100101
101- (i) are in sustainable communities approved under § 6–305 of this
102-article; and
102+ (iii) “Public institution of higher education” has the meaning stated 3
103+in § 10–101 of the Education Article. 4
103104
104- (ii) provide current students and recent graduates with financial
105-assistance in the form of grants to buy homes near the school of the student or graduate.
105+ (iv) “Recent graduate” means an individual who, within 5 years 5
106+before applying for assistance under this section, graduated from a public institution of 6
107+higher education in the State with at least: 7
106108
107- (3) A community development project administered under this subsection
108-is not subject to the provisions of subsection (b)(1) of this section that require part of the
109-housing to be occupied by families of limited income.
109+ 1. 120 credits in an undergraduate level program; or 8
110110
111- (4) The community development projects administered under this
112-subsection shall be known as the Live Near Your School program.
111+ 2. 30 credits in a graduate level or professional degree 9
112+program. 10
113113
114- (5) The Administration shall adopt regulations to implement the Live Near
115-Your School program established under this subsection.
114+ (2) The Administration may administer community development projects 11
115+that: 12
116116
117- (6) FOR FISCAL YEARS 2026 THROUGH 2030, EACH YEAR THE
118-GOVERNOR SHALL INCLUD E IN THE ANNUA L BUDGET BILL AN APP ROPRIATION OF
119-$200,000 FOR THE LIVE NEAR YOUR SCHOOL PROGRAM ESTABL ISHED UNDER THIS
120-SUBSECTION.
117+ (i) are in sustainable communities approved under § 6–305 of this 13
118+article; and 14
121119
122-Chapter 247 of the Acts of 2021
120+ (ii) provide current students and recent graduates with financial 15
121+assistance in the form of grants to buy homes near the school of the student or graduate. 16
123122
124- SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
125-October 1, 2021. It shall remain effective for a period of [3] 9 years and, at the end of
126-September 30, [2024] 2030, this Act, with no further action required by the General
127-Assembly, shall be abrogated and of no further force and effect.
123+ (3) A community development project administered under this subsection 17
124+is not subject to the provisions of subsection (b)(1) of this section that require part of the 18
125+housing to be occupied by families of limited income. 19
128126
129- SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July
130-1, 2024.
127+ (4) The community development projects administer ed under this 20
128+subsection shall be known as the Live Near Your School program. 21
131129
132-Approved by the Governor, April 25, 2024.
130+ (5) The Administration shall adopt regulations to implement the Live Near 22
131+Your School program established under this subsection. 23
132+
133+ (6) FOR FISCAL YEARS 2026 THROUGH 2030, EACH YEAR THE 24
134+GOVERNOR SHALL INCLUD E IN THE ANNUAL BUDG ET BILL AN APPROPRIA TION OF 25
135+$200,000 FOR THE LIVE NEAR YOUR SCHOOL PROGRAM ESTABL ISHED UNDER THIS 26
136+SUBSECTION. 27
137+
138+Chapter 247 of the Acts of 2021 28
139+
140+ SECTION 2. AND BE IT FURTHER ENACTED, That this Act shal l take effect 29
141+October 1, 2021. It shall remain effective for a period of [3] 9 years and, at the end of 30
142+September 30, [2024] 2030, this Act, with no further action required by the General 31
143+Assembly, shall be abrogated and of no further force and effect. 32
144+ 4 HOUSE BILL 534
145+
146+
147+ SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 1
148+1, 2024. 2
149+
150+
151+
152+
153+
154+Approved:
155+________________________________________________________________________________
156+ Governor.
157+________________________________________________________________________________
158+ Speaker of the House of Delegates.
159+________________________________________________________________________________
160+ President of the Senate.