PRIA Logo™
MarylandHB 15132026 Regular SessionHouse

Calvert County - Public Facilities Bonds

Sponsored By: Sponsor information unavailable

Signed by Governor

Local Debt (Bond Bills)AdvertisingBonds -see also- County & Baltimore City Bonds; State BondsBuilding Maintenance and RepairCalvert CountyConstructionCounty and Baltimore City BondsCounty CommissionersFlood ControlHighwaysIncome TaxInterestNews MediaNoticesPublications -see also- Maryland Register; TextbooksPublic Buildings and Facilities -see also- Stadiums; St HsePublic Officials -see also- Atty Gen; Compt; Coun Admin; etcRevenue and Taxes -see also- (specific tax)SignaturesTime

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

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

Calvert property taxes must cover bond payments

Beginning June 1, 2026, Calvert County must levy property taxes each year that these bonds remain unpaid. Taxes on all assessable County property must cover principal and interest due. If collections fall short, the County must levy additional taxes in a later fiscal year. Facility grants received or due may reduce the required levy. The law sets no specific tax rate or household bill.

Calvert bond investors get Maryland tax exemptions

Beginning June 1, 2026, obligations issued under this law are exempt from Maryland state and local taxes. The exemption covers transfers, interest, and other income, including profits from selling the bonds. The law does not create a federal tax exemption. The County can issue bonds with federally tax-exempt or taxable interest.

Calvert County can borrow for public facilities

Beginning June 1, 2026, Calvert County can borrow up to $80.95708 million for public facilities and related land and services. Projects include roads, public buildings, Calvert Pines Senior Center renovations, and existing storm drainage systems. The County must repay these bonds, and each bond must mature within 30 years. Net proceeds must fund the intended facilities; extra money must repay bonds unless a County resolution approves other eligible facilities. The County can also refinance earlier bonds, including related interest and premiums, with refinancing money held in a separate trust fund.

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: 170 • No: 0

Senate vote • 4/8/2026

Third Reading Passed

Yes: 45 • No: 0 • Other: 1

House vote • 3/21/2026

Third Reading Passed

Yes: 125 • No: 0 • Other: 8

Actions Timeline

  1. Approved by the Governor - Chapter 339

    4/28/2026

  2. Returned Passed

    4/8/2026House

  3. Third Reading Passed (45-0)

    4/8/2026Senate

  4. Second Reading Passed

    4/6/2026Senate

  5. Favorable Adopted

    4/6/2026Senate

  6. Favorable Report by Budget and Taxation

    4/6/2026Senate

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

    3/25/2026Senate

  8. Referred Budget and Taxation

    3/23/2026Senate

  9. Third Reading Passed (125-0)

    3/21/2026House

  10. Favorable Adopted Second Reading Passed

    3/20/2026House

  11. Favorable Report by Appropriations

    3/20/2026House

  12. Hearing 3/18 at 12:45 p.m.

    3/18/2026House

  13. Hearing canceled

    3/18/2026House

  14. Hearing 3/18 at 1:00 p.m.

    2/17/2026House

  15. First Reading Appropriations

    2/13/2026House

Bill Text

  • Enacted

    4/28/2026

    PDF

  • Third Reading

    3/20/2026

    PDF

  • First Reading

    2/13/2026

    PDF

Related Bills

Back to State Legislation