Authorizing the Maryland Department of Transportation to establish transit-oriented development (TOD) corridor funds financed by revenue from county special taxing districts to benefit transit-oriented development; altering the authority of local legislative bodies to regulate land use planning on certain land that is located within 0.5 miles of, or under certain circumstances, adjacent to, certain transit stations; exempting certain special taxes for the benefit of transit-oriented development from any county tax limitation or bond cap; etc.