Economic Development - Maryland Stadium Authority - Carroll Park Soccer Stadium and Facility

SB 883 authorizes the Maryland Stadium Authority to review and make recommendations about the Carroll Park Soccer Stadium and Facility in Baltimore City, which serves professional soccer and a soccer academy. The bill establishes a dedicated "Carroll Park Soccer Stadium and Facility Fund" to manage lease payments and requires the Authority to submit annual reports to the Governor and General Assembly. It also grants the Authority the power to acquire the stadium site through specified methods and mandates compliance with financing requirements for site acquisition, design, and construction. The legislation updates existing state law to include this facility within the Authority’s oversight for economic development projects.