Tag: Capital Budget

$925 million capital budget passes House

The House of Delegates approved $925 million in new debt in its capital budget on Tuesday – but not before several attempts were made to trim the amount that the state was going to borrow. The capital budget is funded through bonds, and the money is spent on infrastructure projects across the state.

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Senate proposes to cut local earmarks, but faces debate in House

House members said a Senate proposal removing local bond bills — the state’s version of legislative earmarks — from Maryland’s Capital Budget may make sense, but they expect a tough debate on the issue in their chamber.

The Senate adopted an amendment Tuesday from Sen. Katherine Klausmeier, D-Baltimore County, shifting funding from bond bills to public school construction projects, and passed a final capital plan Wednesday.

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