# Maryland SB 0756: Baltimore City – Economic Development Project in Downtown RISE District – Payment in Lieu of Taxes

Maryland SB 0756, Baltimore City – Economic Development Project in Downtown RISE District – Payment in Lieu of Taxes, is a 2026 Regular Session Senate bill sponsored by Cory V. McCray (Democratic); status signed, last action 2026-04-14 (Approved by the Governor - Chapter 146) (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/MD-SB0756-2026RS
- 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 0756
- State: Maryland
- Session: 2026 Regular Session
- Title: Baltimore City – Economic Development Project in Downtown RISE District – Payment in Lieu of Taxes
- Status: signed
- Chamber: Senate
- Introduced: 2026-02-06
- Last action: 2026-04-14, Approved by the Governor - Chapter 146
- Sponsor: Cory V. McCray (Democratic)
- Cosponsors: 0
- Subjects: Taxes - Property, Applicants and Applications, Baltimore City, Boundaries, Building Permits, Commerce and Business -see also- ElectrComm; ForeignTr; etc., Commercial Rehabilitation -see also- EnterprZon; UrbRen, Committees and Commissions, Community Development, Construction, Contracts -see also- Procurement, Emergency Bills, Enterprise Zones, Exemptions, Hotels and Motels, Loans -see also- Credit; Mortgages; Scholarships&SFA, Property Tax, Real Estate -see also- Agents and Brokers, Real Property, Reports, Residential Property -see also- Apartments; Condominiums, Revenue and Taxes -see also- (specific tax), Sunset, Work, Labor, and Employment -see also- JobTrn; Leave; etc.
- Touches household money: no
- Roll calls: 3 (218 yes, 7 no in all)
- Economic provisions PRIA read: 3

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Property tax relief for downtown projects: benefit, high. Beginning April 14, 2026, owners of new or rehabbed projects in Baltimore’s Downtown RISE District can lower city property taxes. You can sign a payment-in-lieu-of-taxes agreement with the Baltimore City Board of Estimates. The agreement sets your yearly payment instead of the normal tax bill. Elig…
- Deadlines and proof for property tax deals: cost, medium. To get this tax break, you must show proof of a city economic analysis. The Board of Estimates must accept that analysis. It must find the exemption is financially needed. Apply by June 30, 2036. By that date, you must have building permits. By that date, you must meet or waive all financing condit…
- Property tax relief ends 2036; deals continue: mixed, medium. The law takes effect April 14, 2026. The power to start new property tax deals ends April 14, 2036. Any deal signed before that date stays in force for its full term.

## Sponsors and cosponsors

- Sponsor: Cory V. McCray (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-08 | Senate | Third Reading Passed | pass | 43 | 0 | 3 |
| 2026-04-07 | House | Third Reading Passed | pass | 130 | 7 | 1 |
| 2026-03-19 | Senate | Third Reading Passed | pass | 45 | 0 |   |

## Actions (16)

- 2026-04-14: Approved by the Governor - Chapter 146
- 2026-04-08: Passed Enrolled (Senate)
- 2026-04-08: Third Reading Passed (43-0) (Senate)
- 2026-04-08: Senate Concurs House Amendments (Senate)
- 2026-04-07: Third Reading Passed (130-7) (House)
- 2026-04-03: Second Reading Passed with Amendments (House)
- 2026-04-03: Favorable with Amendments {853523/1 Adopted (House)
- 2026-04-02: Favorable with Amendments Report by Ways and Means (House)
- 2026-03-23: Hearing 3/31 at 1:00 p.m. (House)
- 2026-03-20: Referred Ways and Means (House)
- 2026-03-19: Third Reading Passed (45-0) (Senate)
- 2026-03-16: Second Reading Passed with Amendments (Senate)
- 2026-03-16: Favorable with Amendments {723126/1 Adopted (Senate)
- 2026-03-16: Favorable with Amendments Report by Budget and Taxation (Senate)
- 2026-02-11: Hearing 3/03 at 1:30 p.m. (Senate)
- 2026-02-06: First Reading Budget and Taxation (Senate)

## Bill text

- Enacted, 2026-04-14: [PDF](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_146_sb0756e.pdf)
- Enrolled, 2026-04-08: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0756e.pdf)
- Third Reading, 2026-03-16: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0756t.pdf)
- First Reading, 2026-02-11: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0756f.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_146_sb0756e.pdf)
- [Enrolled (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0756e.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0756t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0756f.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)
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Source: PRIA, https://policyrisk.com/state-bill/MD-SB0756-2026RS (as of 2026-10-19).