MD HB392

Reduces or caps mandated funding for multiple programs including the Maryland Healthy Soils Program (from $500,000 to $400,000 for FY2027-2028), Coordinated Community Supports Partnership Fund (from $100 million to $80 million starting FY2027), Community College Promise Scholarships (from $13.5 million to $12.5 million starting FY2027), and tobacco reduction programs (from $18.25 million to $17.52 million starting FY2027)

Increases county government contributions toward teacher retirement costs effective FY2027, with specified dollar amounts for each county ranging from $255,179 (Kent County) to $28,754,528 (Montgomery County), representing increases of approximately 35-60% over previous amounts

Authorizes General Fund transfers totaling over $491 million from various special funds by June 30, 2026, including $259 million from the Renewable Portfolio Standard/ACP Account, $187.6 million from the Fiscal Responsibility Fund, and $33 million from the Strategic Energy Investment Fund

Caps State funding increases for community colleges and Baltimore City Community College at 3% annually for FY2027-2029, and freezes Joseph A. Sellinger Program aid to private colleges at specific dollar amounts during the same period

Redirects $71.7 million from Program Open Space and related environmental funds to the General Fund in FY2027, with those allocations to be replaced by general obligation bonds, and suspends the Revenue Stabilization Account appropriation requirement for FY2027