Maryland 2025 Regular Session

Maryland Senate Bill SB980 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1
2	2
3	3		EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
4	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	5		sb0980
9	6
10	7		SENATE BILL 980
11	8		M1 5lr3242
12		-	CF ~~HB 1327~~
13		-	By: Senator Corderman ~~Senators Corderman and M. Jackson~~
	9	+	CF 5lr2011
	10	+	By: Senator Corderman
14	11		Introduced and read first time: January 28, 2025
15	12		Assigned to: Budget and Taxation
16		-	Committee Report: Favorable with amendments
17		-	Senate action: Adopted
18		-	Read second time: February 25, 2025
19	13
20		-	~~CHAPTER ______~~
	14	+	A BILL ENTITLED
21	15
22	16		AN ACT concerning 1
23	17
24	18		Natural Resources – Maryland Heritage Areas Authority – Funding and Grants 2
25	19
26	20		FOR the purpose of authorizing the Maryland Heritage Areas Authority to award grants 3
27	21		and loans to certain entities for the management of certified heritage areas under 4
28	22		certain circumstances; establishing the maximum funding amount of certain grants 5
29	23		made by the Maryland Heritage Areas Authority; decreasing the percentage of 6
30	24		Program Open Space funds transferred to the Maryland Heritage Areas Authority 7
31	25		Financing Fund that may be used for certain operating expenses; repealing a 8
32	26		provision of law authorizing the distribution of certain money to the Maryland 9
33	27		Historical Trust; increasing the maximum amount of certain funding available to the 10
34	28		State that may be transferred to the Maryland Heritage Areas Authority Financing 11
35	29		Fund; and generally relating to the Maryland Heritage Areas Authority. 12
36	30
37	31		BY repealing and reenacting, with amendments, 13
38	32		Article – Financial Institutions 14
39	33		Section 13–1113 and 13–1114 15
40	34		Annotated Code of Maryland 16
41	35		(2020 Replacement Volume and 2024 Supplement) 17
42	36
43	37		BY repealing and reenacting, with amendments, 18
44	38		Article – Natural Resources 19
45	39		Section 5–903(a)(1) and (2)(i) and (iv) 20
46	40		Annotated Code of Maryland 21
47	41		(2023 Replacement Volume and 2024 Supplement) 22
48		-	2 SENATE BILL 980
49	42
	43	+	SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 23
	44	+	That the Laws of Maryland read as follows: 24
50	45
51		-	SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 1
52		-	That the Laws of Maryland read as follows: 2
	46	+	Article – Financial Institutions 25
53	47
54		-	Article – Financial Institutions 3
55		-
56		-	13–1113. 4
57		-
58		-	(a) As provided in the State budget, AND SUBJECT TO SUBSE CTION (E) OF THIS 5
59		-	SECTION, the Authority may award: 6
60		-
61		-	(1) Grants and loans to local jurisdictions or other appropriate entities for 7
62		-	planning, design, acquisition, development, preservation, restoration, interpretation, 8
63		-	marketing, [and] programming, AND MANAGEMENT of certified heritage areas; and 9
64		-
65		-	(2) Grants to local jurisdictions or other appropriate entities to develop 10
66		-	management plans in recognized heritage areas. 11
67		-
68		-	(b) A grant to develop a management plan may not exceed [50%] 80% of the cost 12
69		-	of the management plan. 13
70		-
71		-	(c) An acquisition or development grant: 14
72		-
73		-	(1) May not be used for any purpose other than implementation of the 15
74		-	certified heritage area in conformity with the approved management plan; [and] 16
75		-
76		-	(2) MAY BE IN AN AMOUNT U P TO $300,000; AND 17
77		-
78		-	(3) May not exceed [50%] 80% of the total project cost for which the grant 18
79		-	is awarded. 19
80		-
81		-	(d) (1) Subject to paragraph (2) of this subsection, the Authority may make 20
82		-	program grants to local jurisdictions and other appropriate entities: 21
83		-
84		-	(i) To develop and present interpretive exhibits, materials or other 22
85		-	appropriate products to further the educational and recreational objectives of the certified 23
86		-	heritage areas program; and 24
87		-
88		-	(ii) To encourage revitalization of, and reinvestment in, certified 25
89		-	heritage area resources. 26
90		-
91		-	(2) A program grant made by the Authority under paragraph (1) of this 27
92		-	subsection [may]: 28
93		-
94		-	(I) MAY BE IN AN AMOUNT U P TO $300,000; AND 29
95		-
96		-	(II) MAY not exceed [50%] 80% of the estimated project cost. 30 SENATE BILL 980 3
	48	+	13–1113. 26 2 SENATE BILL 980
97	49
98	50
99	51
100		-	(e) Through the resources of the members of the Authority and in cooperation 1
101		-	with other State agencies, the Authority shall provide technical assistance to management 2
102		-	entities implementing a management plan. 3
	52	+	(a) As provided in the State budget, AND SUBJECT TO SUBSE CTION (E) OF THIS 1
	53	+	SECTION, the Authority may award: 2
103	54
104		-	13–1114. 4
	55	+	(1) Grants and loans to local jurisdictions or other appropriate entities for 3
	56	+	planning, design, acquisition, development, preservation, restoration, interpretation, 4
	57	+	marketing, [and] programming, AND MANAGEMENT of certified heritage areas; and 5
105	58
106		-	(a) There is a Maryland Heritage Areas Authority Financing Fund. 5
	59	+	(2) Grants to local jurisdictions or other appropriate entities to develop 6
	60	+	management plans in recognized heritage areas. 7
107	61
108		-	(b) ~~(1)~~ The ~~Authority shall use the Fund as a continuing, nonlapsing, revolving 6~~
109		-	~~fund for carrying out~~ the ~~purposes of this subtitle~~. 7
	62	+	(b) A grant to develop a management plan may not exceed [50%] 80% of the cost 8
	63	+	of the management plan. 9
110	64
111		-	(2) No part of the Fund may revert or be credited to the General Fund or 8
112		-	to any other special fund of the State. 9
	65	+	(c) An acquisition or development grant: 10
113	66
114		-	(c) The Authority shall place all of the following receipts in the Fund: 10
	67	+	(1) May not be used for any purpose other than implementation of the 11
	68	+	certified heritage area in conformity with the approved management plan; [and] 12
115	69
116		-	(1) ~~Proceeds from the sale of bonds~~; 11
	70	+	(2) MAY BE IN AN AMOUNT U P TO $300,000; AND 13
117	71
118		-	(2) ~~Revenues that~~ the ~~Authority collects or receives from any source under 12~~
119		-	~~this subtitle;~~ ~~and 13~~
	72	+	(3) May not exceed [50%] 80% of the total project cost for which the grant 14
	73	+	is awarded. 15
120	74
121		-	(3) ~~Any additional revenue, gift, donation, or money received or paid~~ to ~~it 14~~
122		-	~~from any~~ other ~~source authorized by law. 15~~
	75	+	(d) (1) Subject to paragraph (2) of this subsection, the Authority may make 16
	76	+	program grants to local jurisdictions and other appropriate entities: 17
123	77
124		-	(d) The Authority shall pay all expenses and make all expenditures from the 16
125		-	Fund. 17
	78	+	(i) To develop and present interpretive exhibits, materials or other 18
	79	+	appropriate products to further the educational and recreational objectives of the certified 19
	80	+	heritage areas program; and 20
126	81
127		-	(e) ~~(1) The Authority may pledge~~ and ~~charge all or a portion of the receipts of 18~~
128		-	~~the Fund for the payment of: 19~~
	82	+	(ii) To encourage revitalization of, and reinvestment in, certified 21
	83	+	heritage area resources. 22
129	84
130		-	(i) Debt service on bonds of the Authority; and 20
	85	+	(2) A program grant made by the Authority under paragraph (1) of this 23
	86	+	subsection [may]: 24
131	87
132		-	(ii) All reasonable charges and expenses related to borrowing by the 21
133		-	Authority and management of the obligations of the Authority. 22
	88	+	(I) MAY BE IN AN AMOUNT U P TO $300,000; AND 25
134	89
135		-	(2) A pledge made under paragraph (1) of this subsection is effective as 23
136		-	provided in § 13–1119 of this subtitle and any applicable resolution of the Authority. 24
	90	+	(II) MAY not exceed [50%] 80% of the estimated project cost. 26
137	91
138		-	(f) The State Treasurer shall: 25
	92	+	(e) Through the resources of the members of the Authority and in cooperation 27
	93	+	with other State agencies, the Authority shall provide technical assistance to management 28
	94	+	entities implementing a management plan. 29
139	95
140		-	(1) Invest and reinvest the Fund in the same manner as State funds; and 26
141		-
142		-	(2) Transfer any investment earnings to the credit of the Fund. 27
143		-	4 SENATE BILL 980
144		-
145		-
146		-	(g) (1) In this subsection, “Program Open Space funds transferred to the 1
147		-	Authority” means the money appropriated to the Fund from Program Open Space funds 2
148		-	under § 5–903(a) of the Natural Resources Article. 3
149		-
150		-	(2) Except as provided in paragraph (3) of this subsection, Program Open 4
151		-	Space funds transferred to the Authority may not be used to pay the operating expenses of 5
152		-	the Authority, debt service of bonds issued by the Authority, or administrative expenses 6
153		-	related to bonds issued by the Authority. 7
154		-
155		-	(3) (i) Up to [10%] 7% OR $600,000, WHICHEVER AMOUNT IS 8
156		-	GREATER, of Program Open Space funds transferred to the Authority may be used to pay 9
157		-	the operating expenses of the Authority. 10
158		-
159		-	(ii) Up to 50% of Program Open Space funds transferred to the 11
160		-	Authority may be expended for debt service on bonds issued by the Authority. 12
161		-
162		-	(iii) For fiscal year 2012 only, an additional $500,000 of Program 13
163		-	Open Space funds transferred to the Authority may be used to pay operating expenses in 14
164		-	the Department of Planning. 15
165		-
166		-	Article – Natural Resources 16
167		-
168		-	5–903. 17
169		-
170		-	(a) (1) [(i)] Of the funds distributed to Program Open Space under § 13–209 18
171		-	of the Tax – Property Article, up to $3,000,000 may be transferred by an appropriation in 19
172		-	the State budget, or by an amendment to the State budget under Title 7, Subtitle 2 of the 20
173		-	State Finance and Procurement Article, to the Maryland Heritage Areas Authority 21
174		-	Financing Fund established under Title 13, Subtitle 11 of the Financial Institutions Article 22
175		-	to be used for the purposes provided in that subtitle. 23
176		-
177		-	[(ii) Of the amount transferred under subparagraph (i) of this 24
178		-	paragraph, up to $300,000 may be distributed to the Maryland Historical Trust within the 25
179		-	Department of Planning to be awarded as noncapital historic preservation grants.] 26
180		-
181		-	(2) (i) 1. Of the remaining funds not appropriated under paragraph 27
182		-	[(1)(i)] (1) of this subsection: 28
183		-
184		-	A. One half of the funds shall be used for recreation and open 29
185		-	space purposes by the Department and the Historic St. Mary’s City Commission; and 30
186		-
187		-	B. 20% of the funds or $21,000,000, whichever is greater, 31
188		-	shall be appropriated to the Forest and Park Service in the Department to operate State 32
189		-	forests and parks. 33
190		-	SENATE BILL 980 5
191		-
192		-
193		-	2. Except as otherwise provided in this section, any funds the 1
194		-	General Assembly appropriates to the State under this subsection shall be used only for 2
195		-	land acquisition projects. 3
196		-
197		-	(iv) In addition to the $3,000,000 under paragraph [(1)(i)] (1) of this 4
198		-	subsection that may be transferred to the Maryland Heritage Areas Authority Financing 5
199		-	Fund, up to [$3,000,000] $9,000,000 of the State’s share of funds available under 6
200		-	subparagraph (i)1A of this paragraph may be transferred by an appropriation in the State 7
201		-	budget or by an amendment to the State budget under Title 7, Subtitle 2 of the State 8
202		-	Finance and Procurement Article to the Maryland Heritage Areas Authority Financing 9
203		-	Fund established under Title 13, Subtitle 11 of the Financial Institutions Article to be used 10
204		-	for the purposes provided in that subtitle. 11
205		-
206		-	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 12
207		-	1, 2025. 13
	96	+	13–1114. 30 SENATE BILL 980 3
208	97
209	98
210	99
	100	+	(a) There is a Maryland Heritage Areas Authority Financing Fund. 1
	101	+
	102	+	(b) (1) The Authority shall use the Fund as a continuing, nonlapsing, revolving 2
	103	+	fund for carrying out the purposes of this subtitle. 3
	104	+
	105	+	(2) No part of the Fund may revert or be credited to the General Fund or 4
	106	+	to any other special fund of the State. 5
	107	+
	108	+	(c) The Authority shall place all of the following receipts in the Fund: 6
	109	+
	110	+	(1) Proceeds from the sale of bonds; 7
	111	+
	112	+	(2) Revenues that the Authority collects or receives from any source under 8
	113	+	this subtitle; and 9
	114	+
	115	+	(3) Any additional revenue, gift, donation, or money received or paid to it 10
	116	+	from any other source authorized by law. 11
	117	+
	118	+	(d) The Authority shall pay all expenses and make all expenditures from the 12
	119	+	Fund. 13
	120	+
	121	+	(e) (1) The Authority may pledge and charge all or a portion of the receipts of 14
	122	+	the Fund for the payment of: 15
	123	+
	124	+	(i) Debt service on bonds of the Authority; and 16
	125	+
	126	+	(ii) All reasonable charges and expenses related to borrowing by the 17
	127	+	Authority and management of the obligations of the Authority. 18
	128	+
	129	+	(2) A pledge made under paragraph (1) of this subsection is effective as 19
	130	+	provided in § 13–1119 of this subtitle and any applicable resolution of the Authority. 20
	131	+
	132	+	(f) The State Treasurer shall: 21
	133	+
	134	+	(1) Invest and reinvest the Fund in the same manner as State funds; and 22
	135	+
	136	+	(2) Transfer any investment earnings to the credit of the Fund. 23
	137	+
	138	+	(g) (1) In this subsection, “Program Open Space funds transferred to the 24
	139	+	Authority” means the money appropriated to the Fund from Program Open Space funds 25
	140	+	under § 5–903(a) of the Natural Resources Article. 26
	141	+
	142	+	(2) Except as provided in paragraph (3) of this subsection, Program Open 27
	143	+	Space funds transferred to the Authority may not be used to pay the operating expenses of 28
	144	+	the Authority, debt service of bonds issued by the Authority, or administrative expenses 29
	145	+	related to bonds issued by the Authority. 30 4 SENATE BILL 980
211	146
212	147
213		-	Approved:
214		-	________________________________________________________________________________
215		-	Governor.
216		-	________________________________________________________________________________
217		-	President of the Senate.
218		-	________________________________________________________________________________
219		-	Speaker of the House of Delegates.
	148	+
	149	+	(3) (i) Up to [10%] 7% of Program Open Space funds transferred to the 1
	150	+	Authority may be used to pay the operating expenses of the Authority. 2
	151	+
	152	+	(ii) Up to 50% of Program Open Space funds transferred to the 3
	153	+	Authority may be expended for debt service on bonds issued by the Authority. 4
	154	+
	155	+	(iii) For fiscal year 2012 only, an additional $500,000 of Program 5
	156	+	Open Space funds transferred to the Authority may be used to pay operating expenses in 6
	157	+	the Department of Planning. 7
	158	+
	159	+	Article – Natural Resources 8
	160	+
	161	+	5–903. 9
	162	+
	163	+	(a) (1) [(i)] Of the funds distributed to Program Open Space under § 13–209 10
	164	+	of the Tax – Property Article, up to $3,000,000 may be transferred by an appropriation in 11
	165	+	the State budget, or by an amendment to the State budget under Title 7, Subtitle 2 of the 12
	166	+	State Finance and Procurement Article, to the Maryland Heritage Areas Authority 13
	167	+	Financing Fund established under Title 13, Subtitle 11 of the Financial Institutions Article 14
	168	+	to be used for the purposes provided in that subtitle. 15
	169	+
	170	+	[(ii) Of the amount transferred under subparagraph (i) of this 16
	171	+	paragraph, up to $300,000 may be distributed to the Maryland Historical Trust within the 17
	172	+	Department of Planning to be awarded as noncapital historic preservation grants.] 18
	173	+
	174	+	(2) (i) 1. Of the remaining funds not appropriated under paragraph 19
	175	+	[(1)(i)] (1) of this subsection: 20
	176	+
	177	+	A. One half of the funds shall be used for recreation and open 21
	178	+	space purposes by the Department and the Historic St. Mary’s City Commission; and 22
	179	+
	180	+	B. 20% of the funds or $21,000,000, whichever is greater, 23
	181	+	shall be appropriated to the Forest and Park Service in the Department to operate State 24
	182	+	forests and parks. 25
	183	+
	184	+	2. Except as otherwise provided in this section, any funds the 26
	185	+	General Assembly appropriates to the State under this subsection shall be used only for 27
	186	+	land acquisition projects. 28
	187	+
	188	+	(iv) In addition to the $3,000,000 under paragraph [(1)(i)] (1) of this 29
	189	+	subsection that may be transferred to the Maryland Heritage Areas Authority Financing 30
	190	+	Fund, up to [$3,000,000] $9,000,000 of the State’s share of funds available under 31
	191	+	subparagraph (i)1A of this paragraph may be transferred by an appropriation in the State 32
	192	+	budget or by an amendment to the State budget under Title 7, Subtitle 2 of the State 33
	193	+	Finance and Procurement Article to the Maryland Heritage Areas Authority Financing 34 SENATE BILL 980 5
	194	+
	195	+
	196	+	Fund established under Title 13, Subtitle 11 of the Financial Institutions Article to be used 1
	197	+	for the purposes provided in that subtitle. 2
	198	+
	199	+	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effec t July 3
	200	+	1, 2025. 4
	201	+