Maryland SB934 establishes a funding goal for public school construction from fiscal years 2023 through 2026.

Maryland SB934 sets a funding goal for public school construction, aiming to provide at least $450,000,000 annually from fiscal years 2023 through 2026. This funding is intended to maintain a stable number of funded projects in the Capital Improvement Program. The annual goal must be recalculated before the Public School Facilities Priority Fund is funded and excludes funding provided through the Built to Learn Program. The Act takes effect July 1, 2026.

Maryland SB934 establishes a funding goal for public school construction from fiscal years 2023 through 2026.

Maryland SB934 sets a funding goal for public school construction, aiming to provide at least $450,000,000 annually from fiscal years 2023 through 2026. This funding is intended to maintain a stable number of funded projects in the Capital Improvement Program. The annual goal must be recalculated before the Public School Facilities Priority Fund is funded and excludes funding provided through the Built to Learn Program. The Act takes effect July 1, 2026.