Md. Code, State Finance and Procurement § 3-603
This is the official text of Md. Code, State Finance and Procurement § 3-603, part of Maryland’s Code, State Finance and Procurement — governs the state budget and government contracting.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§3–603.
Official statutory text
(a) The Department shall prepare, revise, and keep current a 5-year capital program.
(b) The capital program shall include all capital projects of the State whether funded by bond authorizations, operating budget funds, or capital leases.
(c) The capital program shall be consistent with the annual recommendations of the Capital Debt Affordability Committee.
(d) Except for the first year of the program, the capital program may not include General Fund capital appropriations as a source of funding other than for projects or programs that are ineligible for tax-exempt debt financing.
(b) The capital program shall include all capital projects of the State whether funded by bond authorizations, operating budget funds, or capital leases.
(c) The capital program shall be consistent with the annual recommendations of the Capital Debt Affordability Committee.
(d) Except for the first year of the program, the capital program may not include General Fund capital appropriations as a source of funding other than for projects or programs that are ineligible for tax-exempt debt financing.
Status: in_force · Read it on the official government site
Need a lawyer in Maryland?
Find a Maryland lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.