Economic Development - Tax Increment Financing - Noncontiguous Areas

HB 942 allows local governments in Maryland to designate *noncontiguous* (non-connected) areas as development districts for tax increment financing, specifically targeting blighted areas. It directly affects counties and cities (including Baltimore City, which gains new authority under this bill) by expanding existing tax increment financing rules to cover disconnected parcels. The key mechanism permits the Community Development Administration in the Department of Housing and Community Development to issue bonds for development projects in these designated noncontiguous blighted areas. This bill amends Maryland’s Economic Development law to explicitly include noncontiguous areas in the definition of "development district" and authorizes bond financing through the Community Development Administration.