Maryland 2025 Regular Session

Maryland House Bill HB1436 Compare Versions

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33 EXPLANATION: CAPITALS INDICATE MATTER ADDE D TO EXISTING LAW .
44 [Brackets] indicate matter deleted from existing law.
55 *hb1436*
66
77 HOUSE BILL 1436
88 F1 5lr3240
99
1010 By: Delegate Miller
1111 Introduced and read first time: February 7, 2025
1212 Assigned to: Appropriations
1313
1414 A BILL ENTITLED
1515
1616 AN ACT concerning 1
1717
1818 Public School Construction – Projections and Funding – Inflationary 2
1919 Adjustments 3
2020
2121 FOR the purpose of requiring the Interagency Commission for School Construction to 4
2222 include a certain inflation adjustment in projections of school construction and 5
2323 capital improvement needs in its submission to the Capital Debt Affordability 6
2424 Committee and the Governor; clarifying the intent of the General Assembly 7
2525 regarding funding for public school construction; and generally relating to public 8
2626 school construction projections and funding. 9
2727
2828 BY repealing and reenacting, with amendments, 10
2929 Article – Education 11
3030 Section 5–304(a)(1) 12
3131 Annotated Code of Maryland 13
3232 (2022 Replacement Volume and 2024 Supplement) 14
3333
3434 BY repealing and reenacting, without amendments, 15
3535 Article – State Finance and Procurement 16
3636 Section 8–108, 8–112(a), (b), and (c)(3), and 8–113 17
3737 Annotated Code of Maryland 18
3838 (2021 Replacement Volume and 2024 Supplement) 19
3939
4040 BY repealing and reenacting, with amendments, 20
4141 Chapter 32 of the Acts of the General Assembly of 2022, as amended by Chapter 354 21
4242 of the Acts of the General Assembly of 2024 22
4343 Section 4 23
4444
4545 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 24
4646 That the Laws of Maryland read as follows: 25
4747
4848 Article – Education 26 2 HOUSE BILL 1436
4949
5050
5151
5252 5–304. 1
5353
5454 (a) (1) (i) The Interagency Commission shall prepare projections of school 2
5555 construction and capital improvement needs for submission to the Capital Debt 3
5656 Affordability Committee under § 8–112(c)(3) of the State Finance and Procurement Article. 4
5757
5858 (ii) The projections shall be prepared in accordance with the 5
5959 regulations adopted by the Interagency Commission under § 5–303 of this subtitle. 6
6060
6161 (III) 1. THE PROJECTIONS SHALL INCLUDE AN 7
6262 INFLATIONARY ADJUSTM ENT USING A COST OF CONSTRUCTION INFLATI ON INDEX. 8
6363
6464 2. IN ADDITION TO PROVID ING THE PROJECTIONS TO 9
6565 THE CAPITAL DEBT AFFORDABILITY COMMITTEE, THE INTERAGENCY COMMISSION 10
6666 SHALL PROVIDE THE PR OJECTIONS TO THE GOVERNOR FOR CONSIDERATION WHEN 11
6767 SETTING THE ANNUAL A LLOCATION OF SCHOOL CONSTRUCTION FUNDS I N THE 12
6868 CAPITAL BUDGET . 13
6969
7070 Article – State Finance and Procurement 14
7171
7272 8–108. 15
7373
7474 There is a Capital Debt Affordability Committee in the Executive Department. 16
7575
7676 8–112. 17
7777
7878 (a) The Committee shall review on a continuing basis the size and condition of 18
7979 the State tax supported debt as well as other debt of State units, including the University 19
8080 System of Maryland, Morgan State University, St. Mary’s College of Maryland, and the 20
8181 Baltimore City Community College. 21
8282
8383 (b) On or before October 20 of each year, the Committee shall submit to the 22
8484 Governor and the General Assembly the Committee’s estimate of the total amount of new 23
8585 State debt that prudently may be authorized for the next fiscal year. 24
8686
8787 (c) In making the estimate, the Committee shall consider: 25
8888
8989 (3) capital improvement and school construction needs during the next 5 26
9090 fiscal years, as projected by the Interagency Commission on School Construction; 27
9191
9292 8–113. 28
9393
9494 On or before November 1 of each year, after considering the current estimate of the 29
9595 Committee, the Governor shall determine: 30
9696 HOUSE BILL 1436 3
9797
9898
9999 (1) the total authorizations of new State debt that the Governor considers 1
100100 advisable for the next fiscal year; and 2
101101
102102 (2) the preliminary allocation of new State debt for: 3
103103
104104 (i) general construction projects; 4
105105
106106 (ii) school construction projects; and 5
107107
108108 (iii) other special projects. 6
109109
110110 Chapter 32 of the Acts of 2022, as amended by Chapter 354 of the Acts of 2024 7
111111
112112 SECTION 4. AND BE IT FURTHER ENACTED, That it is the intent of the General 8
113113 Assembly that: 9
114114
115115 (1) beginning in fiscal year 2023, within the current debt affordability 10
116116 guidelines, the State should provide at least $450,000,000 each year for public school 11
117117 construction in order to maintain a relatively stable number of funded projects in the 12
118118 Capital Improvement Program; and 13
119119
120120 (2) the annual goal established under item (1) of this section: 14
121121
122122 (i) should be recalculated: 15
123123
124124 1. WITH AN INFLATIONARY ADJUSTMENT THAT USES A 16
125125 COST OF CONSTRUCTION INFLATION INDEX ; AND 17
126126
127127 2. prior to the Public School Facilities Priority Fund being 18
128128 funded; and 19
129129
130130 (ii) does not include funding provided for public school construction 20
131131 through the Built to Learn Program. 21
132132
133133 SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 22
134134 1, 2025. 23