EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. [Brackets] indicate matter deleted from existing law. Underlining indicates amendments to bill. Strike out indicates matter stricken from the bill by amendment or deleted from the law by amendment. Italics indicate opposite chamber/conference committee amendments. *sb0434* SENATE BILL 434 F5 (4lr1098) ENROLLED BILL — Budget and Taxation/Ways and Means — Introduced by Senators King, Augustine, Jackson, Klausmeier, Muse, Rosapepe, and Zucker Zucker, Benson, Elfreth, Guzzone, Hettleman, and McCray Read and Examined by Proofreaders: _______________________________________________ Proofreader. _______________________________________________ Proofreader. Sealed with the Great Seal and presented to the Governor, for his approval this _______ day of _______________ at ________________________ o’clock, ________M. ______________________________________________ President. CHAPTER ______ AN ACT concerning 1 Education – State Library Resource Center – Funding 2 FOR the purpose of altering the calculation of certain funding for the State Library 3 Resource Center for certain fiscal years; and generally relating to the State Library 4 Resource Center. 5 BY repealing and reenacting, without amendments, 6 Article – Education 7 Section 23–201 8 Annotated Code of Maryland 9 (2022 Replacement Volume and 2023 Supplement) 10 BY repealing and reenacting, with amendments, 11 Article – Education 12 2 SENATE BILL 434 Section 23–205(d) 1 Annotated Code of Maryland 2 (2022 Replacement Volume and 2023 Supplement) 3 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 4 That the Laws of Maryland read as follows: 5 Article – Education 6 23–201. 7 (a) The Central Library of the Enoch Pratt Free Library System is the State 8 Library Resource Center. 9 (b) The State Library Resource Center shall provide and expand access to 10 specialized library materials and services that are necessary for coordinated, efficient, and 11 economical library services in this State. 12 23–205. 13 (d) (1) Each year the State Library Resource Center shall receive a minimum 14 amount of funding for each State resident in the previous fiscal year, to be used for 15 operating and capital expenses. 16 (2) The allocation shall be calculated as follows: 17 (i) For each of fiscal years 2010 through 2016............$1.67 per State 18 resident; 19 (ii) For fiscal year 2017 ................................ $1.69 per State resident; 20 (iii) For fiscal year 2018 ................................ $1.73 per State resident; 21 (iv) For fiscal year 2019 ................................ $1.77 per State resident; 22 (v) For fiscal year 2020 ................................ $1.81 per State resident; 23 (vi) For fiscal year 2021 ................................ $1.85 per State resident; 24 (vii) For fiscal year 2022 ................................ $1.89 per State resident; 25 (viii) For fiscal year 2023 ..................... $1.93 per State resident; [and] 26 (ix) For EACH OF fiscal [year] YEARS 2024 AND 2025 [and each 27 fiscal year thereafter]……………………………………………… $1.97 per State resident; AND 28 SENATE BILL 434 3 (X) FOR FISCAL YEAR 2026 2025 AND EACH FISCAL YEAR 1 THEREAFTER …………………………………………………. $2.07 PER STATE RESIDENT ; 2 (XI) FOR FISCAL YEAR 2027 2026............$2.15 PER STATE 3 RESIDENT; AND 4 (XII) FOR FISCAL YEAR 2028 2027 AND EACH FISCAL YEAR 5 THEREAFTER .....................................................................$2.24 PER STATE RESIDENT ; 6 (XIII) FOR FISCAL YEAR 2029............$2.33 PER STATE RESIDENT ; 7 (XIV) FOR FISCAL YEAR 2030............$2.42 PER STATE RESIDENT ; 8 AND 9 (XV) FOR FISCAL YEAR 2031 AND EACH FISCAL YEAR 10 THEREAFTER .....................................................................$2.52 PER STATE RESIDENT . 11 SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 12 1, 2024. 13 Approved: ________________________________________________________________________________ Governor. ________________________________________________________________________________ President of the Senate. ________________________________________________________________________________ Speaker of the House of Delegates.