Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

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.
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.