Maryland Statutes

§ 8-114

Maryland·Article gsf State Finance and Procurement·Title 8
(a)The Department of Budget and Management annually shall prepare for the Governor a draft of the part of the consolidated loan budget that relates to general construction projects.
(b)On or before the 20th day of each regular session of the General Assembly, the Governor shall submit to the General Assembly:
(1)the consolidated loan budget; and
(2)if necessary, 1 or more bills that authorize new State debt to fund the consolidated loan budget.
(c)The consolidated loan budget shall:
(1)contain a complete plan of the proposed projects that any accompanying bills would fund; and
(2)show, by dollar amount and percent, the allocation for:
(i)general construction projects;
(ii)school cons

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Nearby Sections

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