Friday, March 12, 2010

Deficit Reduction Financing Act of 2010

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

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