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House rejects amendment to tie WMATA funding to property-tax gains near stations
Summary
The Maryland House rejected a minority‑leader amendment to the Metro Funding Modification Act that would have directed state property‑tax revenue increases near WMATA stations to WMATA. The amendment, which the sponsor said targeted about $140 million a year, failed on a roll call.
The Maryland House of Delegates on Feb. 22 rejected an amendment to the Metro Funding Modification Act that would have required the state’s share of increased property‑tax revenue from commercial and multifamily properties within roughly a 1‑mile radius of WMATA stations to be segregated and used first to fund WMATA.
The amendment, offered from the floor as an amendment at the desk, was described by the sponsor as a way to have property‑value gains near WMATA stations pay directly for the regional transit agency. "It essentially takes roughly, as estimated by the fiscal experts ... about a $140,000,000 a year extra on top of what we…
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