Md. Code, State Fin. & Proc. § 7-114.2
Md. Code, State Fin. & Proc. § 7-114.2
Maryland · Maryland Code, State Finance and Procurement · Status: effective
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- Citation
- Md. Code, State Fin. & Proc. § 7-114.2, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1787232
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Full text
(a) Except as provided in subsection (b) of this section, when a proposed budget includes expenditure reductions to be applied across multiple Executive Branch agencies, the budget bill shall specify how the savings will be achieved and with the exception of position abolitions and items requiring collective bargaining shall include a separate schedule for each reduction allocating the reduction for each agency in a level of detail not less than the 3–digit R*Stars financial agency code and by each fund type.
(b) For fiscal year 2026 only, when a proposed budget includes expenditure reductions to be applied across multiple Executive Branch agencies, the budget bill may specify how the savings will be achieved and with the exception of position abolitions and items requiring collective bargaining may include a separate schedule for each reduction allocating the reduction for each agency in a level of detail not less than the 3–digit R*Stars financial agency code and by each fund type.