Budget & Taxes

SB 283 authorizes Maryland to borrow $1.824 billion through a new 2026 capital bond loan, updating previous bond programs from 2015-2025. The funds will finance state construction, renovations, equipment, and grants to local governments for infrastructure projects, requiring matching local funds and strict spending deadlines. It modifies prior bond law provisions to clarify eligible uses, extend project timelines, and adjust budget allocations for ongoing capital projects. This bill primarily affects state agencies, local governments receiving grants, and public infrastructure projects across Maryland.

HB 386 modifies Maryland's funding for the Washington Metropolitan Area Transit Authority (WMATA) by requiring the Governor to withhold 35% of annual grants under specific conditions. It directly affects WMATA and Maryland's budget process, mandating that the Governor withhold funds if WMATA fails to submit required reports (like safety assessments and financial data) or if it doesn't develop a rail signaling workforce transition plan by July 2028. The bill also requires WMATA to provide detailed annual reports on safety, ridership, finances, and capital investments to trigger full funding. If WMATA receives a modified audit opinion without a corrective plan, or misses the workforce plan deadline, the Governor must withhold the funds until these conditions are met.

HB 1058 establishes Maryland's Youth Delinquency Prevention Fund to provide grants to community-based programs, including youth service bureaus, that offer preventive services like delinquency prevention, youth suicide prevention, substance use prevention, and youth development. The fund, administered by the state office, is funded through state budget appropriations and interest earnings, and it must be used exclusively for these preventive services without replacing existing funding. The bill requires annual reports detailing grant distribution, the number of children served (disaggregated by age, region, race, and ethnicity), and whether served youth later interacted with justice systems. The fund is non-lapsing, meaning money remains available year-to-year and cannot revert to the General Fund.