On March 5, Legislative Services Assistant Charlotte Fleckenstein gave in person testimony on behalf of Karrington Anderson to the Ways and Means Committee in support of HB 1580 – Economic Development – Maryland Enhanced Tax Increment Financing (TIF) Districts. 

This bill authorizes the Maryland Economic Development Corporation (MEDCO), with approval of the Board of Public Works, to issue bonds for the development of a Maryland Enhanced Tax Increment Financing (TIF) District in areas where a local jurisdiction has already approved a TIF plan.

Counties often rely on TIFs to support infrastructure investments that make major development projects possible. This legislation would build on this proven approach by allowing the state to partner in select large-scale projects that have already secured local approval.

Here, the Maryland Economic Development Corporation (MEDCO), with oversight from the Board of Public Works (BPW), would help finance certain high-value projects through an enhanced TIF structure designed to leverage new state and local revenues generated by development.

From MACo Testimony: 

As counties continue to prioritize pro-housing strategies and strategic economic development, this enhanced financing mechanism offers a meaningful way to unlock transformative projects while expanding the tax base for both the State and local governments.

More on MACo’s Advocacy: 

• Follow MACo’s advocacy efforts during the 2026 legislative session on MACo’s Legislative Tracking Database
• Learn more about MACo’s 2026 Legislative Initiatives
• Read more General Assembly News on MACo’s Conduit Street blog