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Statutes Text

Article - State Finance and Procurement




§8–113.

    On or before November 1 of each year, after considering the current estimate of the Committee, the Governor shall determine:

        (1)    the total authorizations of new State debt that the Governor considers advisable for the next fiscal year; and

        (2)    the preliminary allocation of new State debt for:

            (i)    general construction projects;

            (ii)    school construction projects; and

            (iii)    other special projects.



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