Section 2-1001 – “Committee” Defined

    In this subtitle, “Committee” means the Spending Affordability Committee.

Section 2-1002 – Findings and Statement of Purpose

    (a)    The General Assembly finds that State expenditures for operating and capital programs must be controlled so that the level of State spending is consistent with the economic growth of the State.     (b)    (1)    The control of spending shall be exercised through the budgetary process as well as through legislative oversight and program review.         (2)    The budget focuses on […]

Section 2-1003 – Spending Affordability Committee; Advisory Committee

    (a)    On or before June 1 of each year, the Legislative Policy Committee shall create a Spending Affordability Committee comprised of an equal number of Senators and Delegates. The Committee membership includes:         (1)    the President and the Speaker;         (2)    the chairmen of the Senate Budget and Taxation Committee and the House Appropriations Committee;         (3)    the majority and minority leaders […]

Section 2-1004 – Study of Spending and Economy

    (a)    The Committee shall review in detail the status and projections of the revenues and expenditures of the State and the status and projections of the economy of the State.     (b)    In evaluating future State expenditures, the Committee shall consider economic indicators such as personal income, gross State product, or other data.

Section 2-1005 – Report; Analysis

    (a)    On or before December 1 of each year, the Committee shall submit, subject to § 2-1257 of this title, to the Legislative Policy Committee and the Governor a report with recommendations on fiscal goals for the State budget to be considered at the next regular session of the General Assembly, including:         (1)    a recommended level of […]

Section 2-1006 – Action by Budget Committees

    The Senate and the House budget committees:         (1)    in considering a proposed State budget, shall consider the recommendations of the Spending Affordability Committee; and         (2)    shall:             (i)    report a budget bill that conforms to those recommendations; or             (ii)    if the level of the budget bill in the report is above those recommendations, provide, with the report, an analysis stating […]

Section 2-1007 – Staff; State Units

    (a)    The Department of Legislative Services shall provide staff services for the Committee.     (b)    Units in the Executive Branch of the State government shall cooperate with the Committee and provide information to the Committee and its staff as requested.

Section 2-1008 – Duty of Department of Legislative Services

    On or before June 1 of each year, the Department of Legislative Services shall report, subject to § 2-1257 of this title, to the Legislative Policy Committee the extent to which the State budget as enacted by the General Assembly conformed to the recommendations of the Spending Affordability Committee.

Section 2-1009 – Program Evaluation

    On or before June 1 of each year, the Legislative Policy Committee shall select units or programs that the Legislative Policy Committee believes should be subject to legislative review and assign the selected units and programs to an appropriate committee for review and recommendations during that legislative interim.

Section 2-1010 – Private Activity Bonds — Definitions; Reports of State Issuer

    (a)    (1)    In this section the following words have the meanings indicated.         (2)    “Internal Revenue Code” means Title 26 of the United States Code.         (3)    “Private activity bond” has the meaning stated in § 141 of the Internal Revenue Code.         (4)    “State issuer” means the State of Maryland or any agency of the State of Maryland with authority to issue […]