Md. Code, State Fin. & Proc. § 3-603
Md. Code, State Fin. & Proc. § 3-603
Maryland · Maryland Code, State Finance and Procurement · Status: effective
Cite this
- Citation
- Md. Code, State Fin. & Proc. § 3-603, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1786914
- Permanent ID
ys:prov:1786914@1- SHA-256
698a157468a932398e17f69f02f6e0d4de9cc0f9f6b0722b97c2bfd8d699c561
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The Department shall prepare, revise, and keep current a 5-year capital program.
(b) The capital program shall include all capital projects of the State whether funded by bond authorizations, operating budget funds, or capital leases.
(c) The capital program shall be consistent with the annual recommendations of the Capital Debt Affordability Committee.
(d) Except for the first year of the program, the capital program may not include General Fund capital appropriations as a source of funding other than for projects or programs that are ineligible for tax-exempt debt financing.