In May 2015, revisions to Maryland’s stormwater management program, signed into law by Governor Hogan, did away with mandatory stormwater remediation fees. These revisions resulted in the development of financial assurance plans from Maryland’s ten largest urban jurisdictions.
Financial assurance plans indicate how stormwater runoff will be treated and paid for over the next five years and will provide the financial roadmap for complying with the Environmental Protection Agency’s (EPA’s) total maximum daily load (TMDL) requirements, also known as the “pollution diet” for Chesapeake Bay.
The law requires the Maryland Department of the Environment to:
Each jurisdiction must be able to show the financial ability to pay for restoration practices over the next two years.
Questions concerning Financial Assurance Plans may be directed to the Sediment, Stormwater, and Dam Safety Program at
410-537-3543 or emailed to Mr. Raymond Bahr at Raymond.Bahr@maryland.gov.
1800 Washington Boulevard, Baltimore, MD 21230