Maryland legislation · 2026 Regular Session
Maryland HB511: Catalytic Revitalization Project Tax Credit - Alterations
Status: In committee, January 27, 2026
Altering the definition of "catalytic revitalization project" to include a historic property that is a substantially vacant or functionally obsolescent privately owned commercial property; altering eligibility for and the amount of a certain credit against the State income tax for certain construction and rehabilitation costs for certain catalytic revitalization projects; altering certain limitations on the Secretary of Housing and Community Development to accept certain applications and award certain tax credits; etc.
What the bill says
A bill ENTITLED AN ACT concerning Catalytic Revitalization Project Tax Credit - Alterations FOR the purpose of altering the definition of "catalytic revitalization project"; altering eligibility for and the amount of a certain credit against the State income tax that certain persons may claim for certain construction and rehabilitation costs for certain catalytic revitalization projects in the State; altering certain limitations on the Secretary of Housing and Community Development to accept certain applications and award certain tax credit certificates…
From the introduced text, January 27, 2026:
A BILL ENTITLED AN ACT concerning Catalytic Revitalization Project Tax Credit - Alterations FOR the purpose of altering the definition of "catalytic revitalization project"; altering eligibility for and the amount of a certain credit against the State income tax that certain persons may claim for certain construction and rehabilitation costs for certain catalytic revitalization projects in the State; altering certain limitations on the Secretary of Housing and Community Development to accept certain applications and award certain tax credit certificates; requiring the Department of Housing and Community Development to publish certain information and guidance; requiring the Secretary to adopt certain regulations; and generally relating to the catalytic revitalization project tax credit. BY repealing and reenacting, with amendments, Article - Housing and Community Development Section 6-901, 6-902(a) and (c), 6-903(a), (b), and (f)(1), and 6-904 Annotated Code of Maryland (2019 Replacement Volume and 2025 Supplement) BY adding to Article - Housing and Community Development Section 6-903(g) Annotated Code of Maryland (2019 Replacement Volume and 2025 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That the Laws of Maryland read as follows: Article - Housing and Community Development 6-901. EXPLANATION: CAPITALS INDICATE MATTER ADDED TO EXISTING LAW. [Brackets] indicate matter deleted from exist in g l aw . *hb0511* HOUSE BILL In this subtitle, "catalytic revitalization project" means the …