PRIA Logo™
Take the PRIA Score
MarylandHB 12472026 Regular SessionHouseWALLET

Prince George's County - Tax Increment Financing - Extraordinary Development District - Alterations PG 425-26

Sponsored By: Sponsor information unavailable

Signed by Governor

Economic DevelopmentArt, Music, and Cultural Affairs -see also- EthAff; Mus; etcBonds -see also- County & Baltimore City Bonds; State BondsCommerce and Business -see also- ElectrComm; ForeignTr; etc.Commercial Rehabilitation -see also- EnterprZon; UrbRenConstructionEmergency BillsHealth -see also- COVID19; EnvHlth; MedCon; etc.Laws and Ordinances -see also- Pub Local Laws; Uniform LawsMaryland-National Capital Park and Planning CommissionPrices -see also- Consumer Price IndexPrince George's CountyRevenue and Taxes -see also- (specific tax)Safety -see also- Occupational SafetyTechnology -see also- AeroT; BioT; EnergyT; InfoT; MedT; etcTransportation, Department ofZoning and Planning

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

3 provisions identified: 2 benefits, 0 costs, 1 mixed.

More financing for development districts

Effective June 24, 2026, Prince George’s County can use bond money to buy, build, or fix immersive venues inside an Extraordinary Development District. The Park and Planning Commission can agree to pay the extra property taxes from the district into a special fund, and those payments can secure county bonds. The county can also pledge hotel rental tax money to that fund. The agreement must be in writing, follow Land Use § 18–310, and the Commission is not a bond obligor.

Easier rules for giant immersive venues

Effective June 24, 2026, the law defines an “immersive entertainment venue” in Prince George’s County. It must be privately owned, have 3,000 or more seats, and cost at least $500,000,000 to build. It must use advanced tech like 4D effects or spherical LED screens. These venues can qualify an area as an Extraordinary Development District. Exterior visual effects on these venues are not treated as zoning “signs,” and the state can waive some transportation approvals for them.

Approvals and limits on EDD bonds

Starting June 24, 2026, the Park and Planning Commission must meet two steps before pledging tax increment for a district. The county must pass a resolution creating the district, and the Commission must pass a resolution approving the agreement. The law also bars the Commission from being a legal obligor on county bonds for these districts.

Free Policy Watch

You just read the policy. Now see what it costs you.

Pick a topic. PRIA runs your household against live legislation and sends you a free personalized readout.

Pick a topic to get started

My TaxesMy HealthMy BudgetMy MoneyMy Freedom
Or tell us something more specific

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 290 • No: 20

Senate vote • 4/13/2026

Third Reading Passed

Yes: 44 • No: 1 • Other: 2

House vote • 4/13/2026

Third Reading Passed

Yes: 118 • No: 16 • Other: 7

House vote • 3/18/2026

Third Reading Passed

Yes: 128 • No: 3 • Other: 10

Actions Timeline

  1. Approved by the Governor - Chapter 348

    4/28/2026

  2. Passed Enrolled

    4/13/2026House

  3. Third Reading Passed (118-16)

    4/13/2026House

  4. House Concurs Senate Amendments

    4/13/2026House

  5. Third Reading Passed (44-1)

    4/13/2026Senate

  6. Second Reading Passed with Amendments

    4/13/2026Senate

  7. Favorable with Amendments {253529/1 Adopted

    4/13/2026Senate

  8. Favorable with Amendments Report by Budget and Taxation

    4/10/2026Senate

  9. Hearing 4/01 at 1:15 p.m.

    3/25/2026Senate

  10. Referred Budget and Taxation

    3/19/2026Senate

  11. Third Reading Passed (128-3)

    3/18/2026House

  12. Second Reading Passed with Amendments

    3/17/2026House

  13. Favorable with Amendments {213627/1 Adopted

    3/17/2026House

  14. Favorable with Amendments Report by Ways and Means

    3/13/2026House

  15. Hearing 2/26 at 1:00 p.m. (Ways and Means)

    2/12/2026House

  16. First Reading Ways and Means and Economic Matters

    2/11/2026House

Bill Text

  • Enrolled

    4/13/2026

    PDF

  • Third Reading

    3/17/2026

    PDF

  • First Reading

    2/11/2026

    PDF

Related Bills

Back to State Legislation

Take It Personal

Get Your Personalized Policy View

Take the PRIA Score to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.

Already have an account? Sign in