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Bill would add Baltimore light rail overhaul to GARVEE bond uses, sponsor says
Summary
House Bill 105 would amend GARVEE bond authority to allow Maryland Department of Transportation to use grant anticipation revenue bonds for a Baltimore City light rail modernization and overhaul project.
Delegate Mark Edelson told the Appropriations Committee that House Bill 105 would add the Baltimore light rail modernization and overhaul project to the list of uses eligible for GARVEE (grant anticipation revenue) bonds. "This year, in the CTP, we have the light rail modernization and overhaul project in Baltimore City. It's fully programmed in the CTP. It's a big priority of the governor, and…
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