Budget and Taxation

HB 500 removes two requirements that previously limited the sales tax exemption for precious metal bullion and coins. Specifically, it eliminates the $1,000 minimum sale price and the requirement that sales must occur at the Baltimore Convention Center. The bill expands the exemption to cover all qualifying precious metal bullion (refined metal where value depends on metal content) and historically used coins, while still excluding jewelry and art. This change directly affects buyers and sellers of these items by making the exemption available for more transactions without location or price restrictions. The exemption will apply to all qualifying sales starting July 1, 2026.

HB 1587 removes a limit on handheld devices displaying bingo cards (previously capped at 54) and increases the maximum number of electronic instant bingo machines operators may use. It eliminates the requirement for paper tickets for each game, unless a player specifically requests one. The bill directly affects gaming venues operating electronic bingo machines in Maryland. These changes modify existing regulations to allow more flexible operation of electronic bingo systems under state law.

HB 854 establishes a state grant program to fund renovations and improvements at eligible nonpublic special education schools in Maryland. The program provides grants for classroom renovations, safety upgrades to residential facilities, health/safety accessibility work, infrastructure modernization, and new construction to meet state standards. Eligible schools must operate with a licensed residential treatment center, offer an approved curriculum (high school credits or K-8 programs), and serve students placed through state education programs. The Interagency Commission on School Construction will administer the program, with funding proposed annually in the state budget.

HB 1599 establishes Maryland's Chesapeake Bay Enhancement Program within the Department of Natural Resources. The program provides $2 million annually (starting fiscal year 2028) from the Transportation Trust Fund to fund oyster propagation and replenishment projects. These projects specifically mitigate harm to the state's oyster population caused by transportation projects at the Helen Delich Bentley Port of Baltimore, including dredging, pier/bridge construction, and channel maintenance. The law requires the Governor to include this funding in the annual budget bill, directly affecting oyster restoration groups and transportation project developers needing to offset environmental impacts.

HB 1598 modifies Maryland's Racetrack Facility Renewal Account grants for horse racing facilities. It changes the requirement for racing licensees (like those operating Rosecroft Raceway and Ocean Downs Racetrack) to provide a matching fund for capital construction grants, making it optional instead of mandatory. Licensees receiving grants without a matching fund must now commit to conducting live racing in Maryland for at least 10 years after completing their capital improvements. The bill also adds provisions allowing the State Racing Commission to recapture grant funds if licensees fail to meet these requirements or live racing commitments. These changes apply specifically to licensees at the two racetracks covered under the existing grant program.