The House of Delegates passed the $1.1 billion capital budget in a 97-41 vote Wednesday evening, with opponents complaining that the state is spending too much and putting its triple-A bond rating on the line.Read More
Tag: Capital Budget
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.Read More
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.Read More
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