Maryland 2024 Regular Session

Maryland House Bill HB350

Introduced
1/17/24  

Caption

Budget Bill (Fiscal Year 2025)

Impact

The passage of HB350 is anticipated to have a significant impact on state laws concerning public finance and administration. By articulating specific appropriations to various sectors such as education, health, and welfare, the bill aims to facilitate effective governance and resource allocation. Furthermore, the bill includes provisions for adjusting fiscal appropriations based on emerging needs and changing financial landscapes, which underscores its adaptive nature. This flexibility is essential for responding to unforeseen events or changes in economic conditions.

Summary

House Bill 350, also known as the Budget Bill for Fiscal Year 2025, is a legislative proposal aimed at outlining the state's budgetary appropriations for the fiscal year ending June 30, 2025. This bill delineates the allocations for various state departments and initiatives, ensuring that financial resources are structured appropriately to meet government obligations. The legislation is central to state fiscal management, as it provides detailed spending plans for several crucial public services and programs across Maryland.

Contention

Debate surrounding HB350 has revealed notable points of contention among lawmakers, particularly regarding the prioritization of funds and the transparency of budgetary processes. Some legislators have raised concerns over the noticeable reductions in certain areas, especially those related to social services and health programs, arguing that they could adversely affect vulnerable populations. Conversely, supporters of the budget claim that the allocations are strategically aligned with the current fiscal capabilities of the state, promoting long-term economic stability without excessive borrowing or taxation.

Companion Bills

MD SB360

Crossfiled Budget Bill (Fiscal Year 2025)

Previously Filed As

MD SB181

Budget Bill (Fiscal Year 2024)

MD HB200

Budget Bill (Fiscal Year 2024)

MD HB202

Budget Reconciliation and Financing Act of 2023

MD SB182

Creation of a State Debt - Maryland Consolidated Capital Bond Loan of 2023, and the Maryland Consolidated Capital Bond Loans of 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, and 2022

MD HB201

Creation of a State Debt – Maryland Consolidated Capital Bond Loan of 2023, and the Maryland Consolidated Capital Bond Loans of 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, and 2022

MD SB551

Department of Service and Civic Innovation and Maryland Corps Program Service Year Option Pathways - Established (Serving Every Region Through Vocational Exploration Act of 2023)

MD SB667

Annual Corrective Bill

MD SB183

Budget Reconciliation and Financing Act of 2023

MD HB546

Serving Every Region Through Vocational Exploration Act of 2023

MD SB877

Annual Curative Bill

Similar Bills

MD SB360

Budget Bill (Fiscal Year 2025)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

MD SB290

Budget Bill (Fiscal Year 2023)

MD HB200

Budget Bill (Fiscal Year 2024)

MD SB181

Budget Bill (Fiscal Year 2024)

MD HB300

Budget Bill (Fiscal Year 2023)

MD SB362

Budget Reconciliation and Financing Act of 2024