Maryland lawmakers are halfway through the first legislative session of Gov. Wes Moore’s term, and they are debating a series of bills that could have significant consequences for the state’s commercial real estate industry.
The Maryland General Assembly has passed the halfway mark of this year’s 90-day legislative session.
Several bills working their way through the General Assembly could affect new development, including proposals around electric vehicle charging station requirements, transit-oriented development grants and off-street parking mandates.
Legislators are also debating an increase in the minimum wage that could impact businesses across the state. And efforts to redevelop Baltimore’s Pimlico Race Course and another horse racing venue in Anne Arundel County are at risk of losing state funding as costs have risen and lawmakers are debating a new budget.
Click here to read the rest of the article written by Adam Bednar over at Bis Now