Education - Public School Construction - Funding

HB 1329 sets a new annual funding target of $550 million for Maryland public school construction beginning in fiscal year 2027, replacing the previous $450 million target for 2023-2026. It directs the state to maintain a relatively stable number of funded projects in the Capital Improvement Program within debt affordability guidelines. The bill explicitly states this $550 million target does not include funding from the Built to Learn Program. This change affects all public school construction projects eligible for state capital funding under the Capital Improvement Program.