# Maryland SB 0188: Maryland Transportation Authority - Revenue Bond Limit - Increase

Maryland SB 0188, Maryland Transportation Authority - Revenue Bond Limit - Increase, is a 2026 Regular Session Senate bill sponsored by no sponsor on record; status signed, last action 2026-04-14 (Approved by the Governor - Chapter 115) (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/MD-SB0188-2026RS
- As of: 2026-10-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland SB 0188
- State: Maryland
- Session: 2026 Regular Session
- Title: Maryland Transportation Authority - Revenue Bond Limit - Increase
- Status: signed
- Chamber: Senate
- Introduced: 2025-09-26
- Last action: 2026-04-14, Approved by the Governor - Chapter 115
- Sponsors: no sponsor on record
- Cosponsors: 0
- Subjects: Transportation - Generally, Bonds -see also- County & Baltimore City Bonds; State Bonds, Credit, Federal Aid -see also- CARES Act, Loans -see also- Credit; Mortgages; Scholarships&SFA, Public Debt -see also- County & Balt City Bonds; State Bonds, Revenue and Taxes -see also- (specific tax), Transportation, Department of, Transportation -see also- Aircraft; Airports; Boats; etc
- Touches household money: no
- Roll calls: 2 (138 yes, 39 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Higher cap on Maryland toll bonds: mixed, high. Beginning July 1, 2026, the state raises the cap on toll-backed revenue bonds to $5 billion. It was $4 billion. This applies to toll-backed revenue bonds, including prior issues. The cap counts total unpaid principal on June 30 each year. The $5 billion limit is reduced by any federal TIFIA loan an…
- Faster bond refinancing for toll projects: mixed, medium. Beginning July 1, 2026, the Maryland Transportation Authority can refinance past project costs without approval from the General Assembly, unless another law requires it. The Authority can also issue revenue bonds without consent from other state agencies, and only needs to follow the procedures in…

## Sponsors and cosponsors

- (none)

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-08 | House | Third Reading Passed | pass | 102 | 33 | 1 |
| 2026-02-17 | Senate | Third Reading Passed | pass | 36 | 6 | 2 |

## Actions (16)

- 2026-04-14: Approved by the Governor - Chapter 115
- 2026-04-09: Returned Passed (Senate)
- 2026-04-08: Third Reading Passed (102-33) (House)
- 2026-04-07: Favorable Adopted Second Reading Passed (House)
- 2026-04-07: Favorable Report by Appropriations (House)
- 2026-03-30: Hearing 4/02 at 1:00 p.m. (House)
- 2026-03-30: Hearing canceled (House)
- 2026-03-26: Hearing 4/01 at 1:00 p.m. (House)
- 2026-02-18: Referred Appropriations (House)
- 2026-02-17: Third Reading Passed (36-6) (Senate)
- 2026-02-12: Second Reading Passed (Senate)
- 2026-02-12: Favorable Adopted (Senate)
- 2026-02-11: Favorable Report by Budget and Taxation (Senate)
- 2026-01-15: Hearing 1/21 at 10:00 a.m. (Senate)
- 2026-01-14: First Reading Budget and Taxation (Senate)
- 2025-09-26: Pre-filed (Senate)

## Bill text

- Enacted, 2026-04-14: [PDF](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_115_sb0188t.pdf)
- Third Reading, 2026-02-12: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0188t.pdf)
- First Reading, 2026-01-14: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0188f.pdf)

## Related bills

- SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - Authorization (became law)
- SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishment (became law)
- SB 0244: Code Revision - Health - Maryland Medical Assistance Program (became law)
- SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-1 Specialists Act) (became law)
- SB 0016: Child Support - Earnings Withholdings Limits (became law)
- HB 0529: Code Revision - Health - Maryland Medical Assistance Program (became law)

## Sources
- [Enacted (PDF)](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_115_sb0188t.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0188t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0188f.pdf)

## Related
- [SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - A…](https://policyrisk.com/state-bill/MD-SB0496-2026RS)
- [SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishm…](https://policyrisk.com/state-bill/MD-SB0366-2026RS)
- [SB 0244: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-SB0244-2026RS)
- [SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-…](https://policyrisk.com/state-bill/MD-SB0148-2026RS)
- [SB 0016: Child Support - Earnings Withholdings Limits](https://policyrisk.com/state-bill/MD-SB0016-2026RS)
- [HB 0529: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-HB0529-2026RS)
- [Maryland bills](https://policyrisk.com/states/maryland/bills)
- [Maryland state hub](https://policyrisk.com/states/maryland)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/MD-SB0188-2026RS (as of 2026-10-19).