Sec. 42A-6. Ridesharing account.
Montgomery County, Md., Code § 42A-6 (2026)
Sec. 42A-6. Ridesharing account.LinkCopy Citation
(a)
Establishment. There is a ridesharing account within the mass transit facilities fund to:
(1)
Implement personalized ridesharing services under section 42A-4(b) of this chapter for any office or residential development making payments for share-a-ride services; and
(2)
Monitor and enforce ridesharing incentives provided by the owner or lessee of an office development.
(b)
Payments required; initial schedule.
(1)
The owner of an office development shall make an annual payment into the ridesharing account of fifteen cents ($0.15) for each one hundred dollars ($100.00) of assessed real property value if the office development:
(i)
Is in a share-a-ride district;
(ii)
Participates in the share-a-ride program; and
(iii)
Obtains reduced parking requirements under section 59-E-3.31(a)(1) of this Code.
(2)
The owner of an office development shall make an annual payment into the ridesharing account of twenty cents ($0.20) for each one hundred dollars ($100.00) of assessed real property value if the office development:
(i)
Is in a share-a-ride outreach area;
(ii)
Participates in the share-a-ride program; and
(iii)
Obtains reduced parking requirements under section 59-E-3.31(b)(1) of this Code.
(3)
The owner of an office development shall make an annual payment into the ridesharing account of up to ten cents ($0.10) for each one hundred dollars ($100.00) of assessed real property value if the office development:
(i)
Implements private ridesharing incentives; and
(ii)
Obtains reduced parking requirements under section 59-E-3.31(a)(2), (b)(2), or (c) of this Code.