Maryland Transportation Authority - Tolls - Collection and Use (Maryland Toll Rate Reform Act of 2024)
What this bill does
Requiring the Maryland Transportation Authority to transfer $75,000,000 annually, beginning July 1, 2025, to the Transportation Trust Fund and to continue to make the transfer until the Authority has transferred total cumulative payments in the amount of $750,000,000; increasing a certain Authority revenue bond cap from $3,000,000,000 to $3,750,000,000; and authorizing the Authority to offer toll discounts to daily commuters and Maryland E-ZPass account holders under certain circumstances.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
