Revenue Stabilization Account - Transfer of Funds - State Disaster Recovery Fund

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill lets Maryland’s governor transfer cash from the Revenue Stabilization Account into the State Disaster Recovery Fund, but only if the transfer does not reduce the account below 5% of the year’s estimated General Fund revenue. The transfer also requires approval from the Board of Public Works. This gives the state extra resources for disaster recovery while protecting its financial cushion.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Hearings

• Budget and Taxation — Bill Hearing
  Budget and Taxation · Mar 24, 2026
• Appropriations — Bill Hearing
  Appropriations · Mar 10, 2026

History

1. May 12, 2026Approved by the Governor - Chapter 450
2. Apr 13, 2026Third Reading Passed
3. Apr 13, 2026Returned Passed
4. Apr 10, 2026Second Reading Passed
5. Apr 10, 2026Favorable Report by Budget and Taxation
6. Apr 10, 2026Favorable Adopted
7. Mar 23, 2026Hearing 3/24 at 1:00 p.m.
8. Mar 18, 2026Referred Budget and Taxation
9. Mar 17, 2026Third Reading Passed
10. Mar 17, 2026Second Reading Passed
11. Mar 17, 2026Favorable Adopted
12. Mar 16, 2026Favorable Report by Appropriations

The 12 most recent of 16 recorded actions.

Sponsors

• Buckel · sponsor
• Hinebaugh

Bill text

Opens the legislature’s own copy.

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