Bill > SB319

This bill provides the budget appropriations for the State of Maryland for fiscal year 2026, covering expenditures from July 1, 2025 to June 30, 2026. Here's a summary of the key provisions: This bill appropriates approximately $67.4 billion in total funds, including $33.8 billion from the General Fund, $21.5 billion in Special Funds, and $12.1 billion in Federal Funds. The budget covers appropriations for various state agencies and departments, including significant funding allocations for key areas such as education, healthcare, public safety, and social services. Some notable highlights include: Education receives substantial funding, with over $11.6 billion allocated, including nearly $3.7 billion for the State Share of Foundation Program and $1.3 billion for Compensatory Education. The budget provides support for K-12 schools, higher education institutions, and various educational programs and grants. Healthcare gets significant resources, with the Maryland Department of Health receiving over $15.9 billion, including substantial funding for Medicaid Provider Reimbursements and various healthcare services. The budget includes appropriations for public safety, with the Department of Public Safety and Correctional Services receiving around $429 million for various correctional facilities and programs. The bill also includes provisions for budget management, such as allowing the Secretary of Budget and Management to transfer funds between agencies, set position limits, and manage appropriations. It establishes salary schedules for executive positions across state agencies and provides guidelines for fund transfers and expenditures. The budget includes deficiency appropriations for fiscal year 2025, which address shortfalls and provide additional funding for various state programs and agencies. A unique aspect of the bill is its contingent appropriations, where certain funding amounts are reduced or increased based on the passage of specific legislation or meeting certain conditions. The bill aims to balance the state's financial needs across various sectors while maintaining fiscal responsibility and providing essential services to Maryland residents.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0319?ys=2025RS