MD
Maryland Senate Bill SB90

Maryland 2024 Regular Session

Maryland Senate Bill SB90 Compare Versions

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1- WES MOORE, Governor Ch. 265
21
3-– 1 –
4-Chapter 265
5-(Senate Bill 90)
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+ Italics indicate opposite chamber/conference committee amendments.
9+ *sb0090*
810
9-Community Development Administration – Live Near Your School Program –
10-Funding and Extension
11+SENATE BILL 90
12+C9, F2 (4lr1081)
13+ENROLLED BILL
14+— Budget and Taxation/Environment and Transportation —
15+Introduced by Senator Hayes
1116
12-FOR the purpose of requiring authorizing the Governor, for certain fiscal years, to include
13-in the annual budget bill an appropriation for the Live Near Your School program in
14-the 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.
17+Read and Examined by Proofreaders:
1718
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)
19+_______________________________________________
20+Proofreader.
21+_______________________________________________
22+Proofreader.
2323
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)
24+Sealed with the Great Seal and presented to the Governor, for his approval this
2925
30-BY repealing and reenacting, with amendments,
31- Chapter 247 of the Acts of the General Assembly of 2021
32- Section 2
26+_______ day of _______________ at __ ______________________ o’clock, ________M.
3327
34- SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND,
35-That the Laws of Maryland read as follows:
28+______________________________________________
29+President.
3630
37-Article – Housing and Community Development
31+CHAPTER ______
3832
39-4–101.
33+AN ACT concerning 1
4034
41- (a) In this title the following words have the meanings indicated.
35+Community Development Administration – Live Near Your School Program – 2
36+Funding and Extension 3
4237
43- (b) “Administration” means the Community Development Administration.
38+FOR the purpose of requiring authorizing the Governor, for certain fiscal years, to include 4
39+in the annual budget bill an appropriation for the Live Near Your School program in 5
40+the Community Development Administration; extending the termination date for the 6
41+program Live Near Your School program and a related homebuyer program; and 7
42+generally relating to the Live Near Your School program. 8
4443
45-4–217.
44+BY repealing and reenacting, without amendments, 9
45+ Article – Housing and Community Development 10
46+Section 4–101(a) and (b) and 4–217(a) and (b) 11
47+ Annotated Code of Maryland 12
48+ (2019 Replacement Volume and 2023 Supplement) 13
49+ 2 SENATE BILL 90
4650
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. 265 2024 LAWS OF MARYLAND
4951
50-– 2 –
51-if it is planned, acquired, owned, developed, constructed, reconstructed, rehabilitated,
52-repaired, renovated, or improved to promote sound community development.
52+BY repealing and reenacting, with amendments, 1
53+ Article – Housing and Community Development 2
54+Section 4–217(e) 3
55+ Annotated Code of Maryland 4
56+ (2019 Replacement Volume and 2023 Supplement) 5
5357
54- (b) A community development project shall provide for:
58+BY repealing and reenacting, with amendments, 6
59+ Chapter 247 of the Acts of the General Assembly of 2021 7
60+ Section 2 8
5561
56- (1) new or existing housing:
62+ SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 9
63+That the Laws of Maryland read as follows: 10
5764
58- (i) that is or will be occupied in substantial part by families of
59-limited income; or
65+Article – Housing and Community Development 11
6066
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;
67+4–101. 12
6668
67- (2) any improvements, such as streets, roads, sewer lines, and water lines
68-that are needed to support the housing; and
69+ (a) In this title the following words have the meanings indicated. 13
6970
70- (3) the public or private commercial, educational, cultural, recreational,
71-community, or civic facilities that are needed to support the housing.
71+ (b) “Administration” means the Community Development Administration. 14
7272
73- (e) (1) (i) In this subsection the following words have the meanings
74-indicated.
73+4–217. 15
7574
76- (ii) “Current student” means an individual who:
75+ (a) A project, undertaking, or a part of a project or undertaking, including the 16
76+real, personal, and mixed property involved, qualifies as a community development project 17
77+if it is planned, acquired, owned, developed, constructed, reconstructed, rehabilitated, 18
78+repaired, renovated, or improved to promote sound community development. 19
7779
78- 1. attends a public institution of higher education in the
79-State; and
80+ (b) A community development project shall provide for: 20
8081
81- 2. is a degree–seeking, full–time equivalent student in an
82-undergraduate level, graduate level, or professional degree program.
82+ (1) new or existing housing: 21
8383
84- (iii) “Public institution of higher education” has the meaning stated
85-in § 10–101 of the Education Article.
84+ (i) that is or will be occupied in substantial part by families of 22
85+limited income; or 23
8686
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:
87+ (ii) at least 20% of which is or will be occupied by families of limited 24
88+income, if the project is financed with bonds, notes, or other evidences of indebtedness 25
89+issued by the Administration, the income from which being includable in the holder’s gross 26
90+income under the Internal Revenue Code as determined by the Administration at the time 27
91+of issue; 28
9092
91- 1. 120 credits in an undergraduate level program; or
93+ (2) any improvements, such as streets, roads, sewer lines, and water lines 29
94+that are needed to support the housing; and 30
9295
93- 2. 30 credits in a graduate level or professional degree
94-program.
95- WES MOORE, Governor Ch. 265
96+ (3) the public or private commercial, educational, cultural, recreational, 31
97+community, or civic facilities that are needed to support the housing. 32
98+ SENATE BILL 90 3
9699
97-– 3 –
98- (2) The Administration may administer community development projects
99-that:
100100
101- (i) are in sustainable communities approved under § 6–305 of this
102-article; and
101+ (e) (1) (i) In this subsection the following words have the meanings 1
102+indicated. 2
103103
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.
104+ (ii) “Current student” means an individual who: 3
106105
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.
106+ 1. attends a public institution of higher education in the 4
107+State; and 5
110108
111- (4) The community development projects administered under this
112-subsection shall be known as the Live Near Your School program.
109+ 2. is a degree–seeking, full–time equivalent student in an 6
110+undergraduate level, graduate level, or professional degree program. 7
113111
114- (5) The Administration shall adopt regulations to implement the Live Near
115-Your School program established under this subsection.
112+ (iii) “Public institution of higher education” has the meaning stated 8
113+in § 10–101 of the Education Article. 9
116114
117- (6) FOR FISCAL YEARS 2026 THROUGH 2030, EACH YEAR THE
118-GOVERNOR SHALL MAY INCLUDE IN THE ANNUAL BUDGET BILL A N APPROPRIATION
119-OF $200,000 FOR THE LIVE NEAR YOUR SCHOOL PROGRAM ESTABL ISHED UNDER
120-THIS SUBSECTION .
115+ (iv) “Recent graduate” means an individual who, within 5 years 10
116+before applying for assistance under this section, graduated from a public institution of 11
117+higher education in the State with at least: 12
121118
122-Chapter 247 of the Acts of 2021
119+ 1. 120 credits in an undergraduate level program; or 13
123120
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.
121+ 2. 30 credits in a graduate level or professional degree 14
122+program. 15
128123
129- SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July
130-1, 2024.
124+ (2) The Administration may administer community development projects 16
125+that: 17
131126
132-Approved by the Governor, April 25, 2024.
127+ (i) are in sustainable communities approved under § 6–305 of this 18
128+article; and 19
129+
130+ (ii) provide current students and recent graduates with financial 20
131+assistance in the form of grants to buy homes near the school of the student or graduate. 21
132+
133+ (3) A community development project administered under this subsection 22
134+is not subject to the provisions of subsection (b)(1) of this section that require part of the 23
135+housing to be occupied by families of limited income. 24
136+
137+ (4) The community development projects administered under this 25
138+subsection shall be known as the Live Near Your School program. 26
139+
140+ (5) The Administration shall adopt regulations to implement the Live Near 27
141+Your School program established under this subsection. 28
142+
143+ (6) FOR FISCAL YEARS 2026 THROUGH 2030, EACH YEAR THE 29
144+GOVERNOR SHALL MAY INCLUDE IN THE ANNUA L BUDGET BILL AN APPROPRIAT ION 30
145+OF $200,000 FOR THE LIVE NEAR YOUR SCHOOL PROGRAM ESTABL ISHED UNDER 31
146+THIS SUBSECTION . 32 4 SENATE BILL 90
147+
148+
149+
150+Chapter 247 of the Acts of 2021 1
151+
152+ SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 2
153+October 1, 2021. It shall remain effective for a period of [3] 9 years and, at the end of 3
154+September 30, [2024] 2030, this Act, with no further action required by the General 4
155+Assembly, shall be abrogated and of no further force and effect. 5
156+
157+ SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 6
158+1, 2024. 7
159+
160+
161+
162+Approved:
163+________________________________________________________________________________
164+ Governor.
165+________________________________________________________________________________
166+ President of the Senate.
167+________________________________________________________________________________
168+ Speaker of the House of Delegates.