§ 8–113

Statutes in effect as of October 1, 2026.

Md. Code Ann., State Fin. & Proc. § 8-113 (2026)

Title 8. Debt

Subtitle 1. General Obligation Debt

On or before November 1 of each year, after considering the current estimate of the Committee, the Governor shall determine:

(1)

the total authorizations of new State debt that the Governor considers advisable for the next fiscal year; and

(2)

the preliminary allocation of new State debt for:

(i)

general construction projects;

(ii)

school construction projects; and

(iii)

other special projects.