Altering the period of time that an area may be designated as a Regional Institution Strategic Enterprise (RISE) zone from 5 to 10 years; increasing the number of RISE zones that the Secretary of Commerce may approve in Baltimore City to not more than four; extending the termination date of the RISE Program to January 1, 2030; and authorizing a political subdivision to pledge certain revenues to secure the payment of obligations to the Maryland Economic Development Corporation for infrastructure improvements located in a RISE zone.