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HB 391 Maryland House of Delegates · 2026 Regular Session

Creation of a State Debt – Maryland Consolidated Capital Bond Loan of 2026, and the Maryland Consolidated Capital Bond Loans of 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, and 2025

HB 391 authorizes Maryland to issue $1.824 billion in state debt through a "Consolidated Capital Bond Loan of 2026" to fund state capital projects. The bill directs proceeds toward building, renovating, and equipping state facilities, acquiring real estate, and providing grants to local governments and organizations for development projects. It requires matching funds from grantees, sets deadlines for project spending, and amends prior bond loan laws (2015-2025) to clarify funding rules and project requirements. The bill does not create new policies but establishes the financial mechanism for state capital investment.
Issues: ✓ Budget & TaxesSupports Budget & TaxesAuthorizes $1.824B in state debt for capital projects (facilities, grants), directly advancing fiscal management and infrastructure funding per budget & taxes topic.90% confidence ✓ HousingSupports HousingAllocates $1.824B via grants for local housing development projects through state capital bond loans, directly funding housing-related capital projects.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2026 Last action Jan 21, 2026
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Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
Jan 21, 2026
Committee
First Reading Appropriations
lower
0 primary · 0 co-sponsors

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