Fri March 28, 2014
MD House Approves $39 Billion Spending Plan
ANNAPOLIS, Md. (AP) - The Maryland House of Delegates has approved the state's $39 billion budget for the next fiscal year.
The House voted 100-38 Thursday.
Delegates decided to stick with a plan already approved by the Senate to address a significant drop in revenue estimates earlier this month by using $200 million in money that had been planned to shore up the long-term health of the state pension system. The plan calls for restoring the full $300 million above the required annual payment in several years.
The House and Senate will need to work out differences the two chambers have before the end of the session on April 7. However, they don't appear to be far apart.
A group of lawmakers with representatives from both chambers will work on the differences.
ANNAPOLIS, Md. (AP) - Del. Heather Mizeur is holding a news conference to criticize some economic initiatives that have passed during the Maryland legislative session.
Mizeur, who is running in the Democratic primary for governor, has scheduled a Friday afternoon news conference in Annapolis.
She says the session has been one of business as usual. She is criticizing a bill that would raise the state's exemptions on the estate tax. She also is critical of a budget plan to use $200 million in money that was supposed to be reinvested in the pension system to plug budget holes.