# Transportation (GTR)

## Title 4. Revenue Facilities

### Subtitle 3. Financing of Projects

#### Section 4-320.1

(a) The Authority may issue bond anticipation notes secured by a pledge of a line of credit extended to the State under the federal Transportation Infrastructure Finance and Innovation Act.

(b) Notes issued under this section shall have a maturity date of up to 3 years after the date of issue.

(c) A pledge of a line of credit as authorized under this section does not constitute the pledge of future federal revenues, and notes issued under this section are not subject to Sec. 3-601(d) of this article or Sec. 4-320 of this subtitle.

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Md. Code Ann., Transp. (as displayed at mgaleg.maryland.gov, October 16, 2026)