SB 602 establishes the Algorithmic Addiction Fund in Maryland to use settlement funds from cases where social media algorithms harmed children. The fund, administered by the Maryland Department of Health, is financed by civil penalties from settlements related to social media harm and earns interest. It directly supports children by funding prevention programs (like school digital literacy campaigns), treatment services for mental health impacts (such as depression and anxiety), research, and evidence-based interventions. The fund is non-lapsing, meaning unused money rolls over annually, and all spending must align with the state budget.
HB 1308 modifies Maryland's homeowners' property tax credit program by raising eligibility thresholds. It increases the assessed value cap for qualifying homes from $300,000 to $480,000, raises the income threshold for the first tax credit bracket from $8,000 to $12,500, and raises the combined gross income limit from $60,000 to $95,000. The bill also raises the net worth limit for eligibility from $200,000 to $320,000. These changes will directly affect more middle-income homeowners who previously exceeded the lower limits, expanding access to the credit starting June 1, 2026.
SB 520 allows charter counties in Maryland to set property tax rates above their charter limits - via simple majority vote - to fund public safety budgets (like police and fire services). It requires that any excess tax revenue collected beyond the charter limit must be allocated solely to public safety, not other county programs. The bill applies only to charter counties (e.g., Baltimore County) and mandates annual reporting to the Governor and legislature on tax rates and revenue usage. This changes existing tax rules by creating a specific exemption for public safety funding while maintaining other budget constraints.
HB 1080 modifies Maryland's income tax code to align with recent federal changes. It adds three specific types of income to Maryland taxable income: capital gains from qualified opportunity funds (previously excluded federally), certain foreign business income, and interest excluded under federal law. This affects Maryland taxpayers and corporations that earn these specific income types, requiring them to include these amounts in their state tax calculations. The changes take effect for taxable years beginning after December 31, 2025, with the full implementation starting July 1, 2026.
SB 756 creates a tax exemption for certain new or rehabilitated commercial or residential developments in Baltimore City's Downtown RISE District (specifically Wards 4 and 22 precincts), replacing property taxes with annual "payment in lieu of taxes" agreements. Property owners must enter a formal agreement with Baltimore City by June 30, 2036, after demonstrating the project's economic necessity through a city-approved analysis. The bill requires annual reporting on job creation, estimated tax revenue, and other economic benefits of qualifying projects. This applies only to developments including hotels, offices, retail, multifamily housing, or mixed-use facilities within the defined district.
HB 1204 establishes Maryland's Education Savings Account Program, providing state-funded accounts for parents of eligible K-12 students to cover approved education expenses. Eligible students include those who attended public school for at least 100 days last year (or military-connected students), with funding set at 75% of per-pupil state/local funding for families below 500% of the federal poverty level, and 50% for others. Parents must sign agreements committing to use funds only for approved costs (like private school tuition or licensed tutoring), not double-bill insurance, and return unused funds upon graduation or withdrawal. The bill also adds a state income tax deduction for deposits into these accounts.
HB 1452 establishes the Suitland Development Authority in Prince George’s County to revitalize the Suitland Road and Silver Hill Road intersection area, which has faced decades of underdevelopment and blight. The Authority will create neighborhood revitalization plans with resident input, modify project boundaries (subject to a vote), manage finances, and operate tax-exempt under certain conditions. It directly affects residents and businesses in this specific neighborhood by aiming to boost economic activity, reduce unemployment, retain existing businesses, and increase property tax revenue for the county and state. The bill creates a new government entity focused on targeted neighborhood redevelopment, not broader policy changes.
SB 860 establishes the Aging Resilience Fund, a dedicated, nonlapsing fund administered by Maryland's Department of Aging. The fund is designed to support the department's mission by covering administrative costs like personnel, partnership development, and senior-focused programs. Interest earnings from the fund must be reinvested into the fund itself, and money can only be spent following state budget rules. This bill directly affects the Department of Aging's operations and senior services programs in Maryland.
HB 1622 prohibits counties and cities in Maryland from imposing taxes, fees, or charges on ride-hailing services (like Uber or Lyft) during passenger transport. It repeals existing rules allowing local governments to levy per-ride assessments and eliminates the Transportation Network Assessment Fund. The bill also prevents airports and local governments from setting separate fees for ride-hailing services at airport facilities. This applies specifically to commercial ride-hailing services, excluding traditional taxis, volunteer carpooling, and nonprofit transportation.
HB 1207 amends Maryland’s State Lakes Protection and Restoration Fund to specifically require the Governor to include a $500,000 mandatory appropriation in the 2028 and 2029 state budgets for protecting and restoring Deep Creek Lake. The bill expands the fund’s authorized uses to include sediment removal, treating contaminated sediment, preventing invasive species spread, and improving ecological/recreational value of state-owned or state-managed lakes. It ensures funds remain available year-to-year (nonlapsing) and clarifies that expenditures supplement, not replace, existing lake protection funding. The requirement expires on June 30, 2029, without further legislative action.