Deficit Reduction Financing Act of 2010

Going through the Maryland General Assembly is House Bill 1533, the Deficit Reduction Financing Act of 2010.
Features:

• would repeal the Maryland Stem Cell Research Fund and the Stem Cell Research Commission
• would repeal some requirements that contractors pay their employees minimum wage
• would provide that retirees eligible for a prescription drug plan under Medicare would not be eligible for the State precription plan
• would reduce General Fund appropriations for state-funded institutions of higher learning by at least 50 million dollars
• would eliminate 1,000 positions in the USM.