National Harbor Tax Increment Financing
Prince George's County
Summary
The Council is advancing bonds to fund the Sphere entertainment venue at National Harbor and refinance 2022 bonds, aiming to replace tax revenue lost with Six Flags' closure. Amendments added labor peace and diversity commitments before final passage.
At a glance
- Total mentions
- 3
- Last 30 days
- 2
Rising — discussed at 3 meetings since Sep 29, 2026, up from 0 in the two months before.
Impact analysis
Up to $215 million in special obligation bonds, repaid from venue-district tax revenues rather than the county's general taxing power.
County taxpayers gain a world-class venue financed by district-generated revenue, and workers gain labor protections.
Residents concerned about countywide revenue flexibility may see future growth revenue earmarked for the district.
Mentions & discussions (3)
County Council - Oct 26, 2026
The Council was scheduled to introduce CR-121-2026, which approves a TIF proposal and certifications for the National Harbor development districts. TIF financing directs future tax revenue from a development district toward financing improvements there, which affects how much of that growth revenue is available for countywide needs.
County Council - Oct 5, 2026
The Council is advancing bonds to fund the Sphere entertainment venue at National Harbor and refinance 2022 bonds, aiming to replace tax revenue lost with Six Flags' closure. Amendments added labor peace and diversity commitments before final passage.
Planning, Housing and Economic Development Committee - Sep 29, 2026
The county is being asked to authorize up to $215 million in special obligation bonds to help build a Sphere-style entertainment venue at National Harbor and refund older 2022 bonds. Repayment would come from tax increment, hotel taxes and other district revenues, not the county's general credit. The committee declined to take a position, leaving the decision to the full council.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
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