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Md. Code, State Fin. & Proc. § 8-113

Md. Code, State Fin. & Proc. § 8-113

Maryland · Maryland Code, State Finance and Procurement · Status: effective

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Md. Code, State Fin. & Proc. § 8-113, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1787312
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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.