Budget Reconciliation and Financing Act of 2026
Summary
The Maryland General Assembly passed SB284, the Budget Reconciliation and Financing Act of 2026, on March 30, 2026. The legislation alters or repeals certain required appropriations, authorizes fund usage and revenue distribution, and grants the Secretary of Health authority over prescription monitoring data retention periods. The bill also modifies Maryland income tax calculations by adjusting federal depreciation deductions for individuals and corporations.
What changed
SB284, the Budget Reconciliation and Financing Act of 2026, passed both chambers on March 30, 2026 (Senate 31-13, House 92-23) after conference committee reconciliation. The legislation encompasses multiple fiscal modifications including alterations to required appropriations, changes to revenue distribution mechanisms, and new authority granted to the Secretary of Health regarding retention periods for prescription monitoring data and naloxone medication data. A significant provision modifies Maryland income tax by providing adjustments to federal adjusted gross income and federal taxable income relating to federal depreciation deductions.
Maryland state agencies and healthcare providers should review how changes to appropriations and fund authorizations may affect their operations and funding. Healthcare organizations should prepare for potential new data retention requirements under the expanded Secretary of Health authority. Tax compliance teams at affected businesses should update Maryland income tax calculation procedures to account for the modified depreciation deduction provisions. The bill took effect upon passage on March 30, 2026.
What to do next
- Review changes to state appropriations and fund usage authorizations that may affect agency operations
- Assess impact of new Secretary of Health authority on prescription monitoring and naloxone data retention policies
- Update Maryland income tax calculation procedures to reflect modified federal depreciation deduction provisions
Source document (simplified)
ChangeBridge / Maryland / SB284 Passed SB284 Senate Bill Passed 2026-03-30
Budget Reconciliation and Financing Act of 2026
Altering or repealing certain required appropriations; authorizing the use of certain funds for certain purposes; authorizing, requiring, or altering the distribution of certain revenue; authorizing the Secretary of Health to establish the retention period for prescription monitoring data and naloxone medication data; providing certain modifications to federal adjusted gross income of an individual or federal taxable income of a corporation for Maryland income tax purposes relating to certain federal depreciation deductions; etc.
Bill Details
State Maryland
Session 2026 Regular Session
Chamber Senate
Official Source mgaleg.maryland.gov/mgawebsite/Legislation...
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Action History
2026-03-30 S Passed Enrolled 2026-03-30 H Third Reading Passed (92-23) 2026-03-30 H Motion Special Order until 03/31 (Delegate Szeliga) Rejected (24-91) 2026-03-30 H Conference Committee Report {743420/1 Adopted 2026-03-30 S Third Reading Passed (31-13) 2026-03-30 S Conference Committee Report {743420/1 Adopted 2026-03-30 S House advisors: (Delegates Ghrist and Kaiser) 2026-03-30 S House Conference Committee Appointed (Delegates Barnes, Wilkins, Shetty, Acevero and Watson) 2026-03-30 S House Refuses Recede 2026-03-27 H House advisors: (Delegates Ghrist and Kaiser) 2026-03-27 H House Conference Committee Appointed (Delegates Barnes, Wilkins, Shetty, Acevero and Watson) 2026-03-27 H House Refuses Recede 2026-03-27 H Senate advisors: (Senators Salling, Zucker and Lewis Young) 2026-03-27 H Senate Conference Committee Appointed (Senators Guzzone, Rosapepe, Hettleman, Augustine and Jennings) 2026-03-27 H Senate Requests House Recede 2026-03-27 H Senate Refuses Concur House Amendments 2026-03-27 S Senate advisors: (Senators Salling, Zucker and Lewis Young) 2026-03-27 S Senate Conference Committee Appointed (Senators Guzzone, Rosapepe, Hettleman, Augustine and Jennings) 2026-03-27 S Senate Requests House Recede 2026-03-27 S Senate Refuses Concur House Amendments 2026-03-26 H Third Reading Passed (98-37) 2026-03-25 H Second Reading Passed with Amendments 2026-03-25 H Floor Amendment {493222/1 (Delegate M. Morgan) Rejected (37-91) 2026-03-25 H Floor Amendment {913729/1 (Delegate Arentz) Rejected (38-87) 2026-03-25 H Floor Amendment {983020/1 (Delegate Pippy) Rejected (40-87) 2026-03-25 H Floor Amendment {113226/1 (Delegate Schmidt) Rejected (35-94) 2026-03-25 H Floor Amendment {143125/1 (Delegate M. Morgan) Withdrawn 2026-03-25 H Floor Amendment {363927/1 (Delegate Tomlinson) Rejected (36-91) 2026-03-25 H Floor Amendment {923621/1 (Delegate Miller) Rejected (38-91) 2026-03-25 H Floor Amendment {743226/1 (Delegate Rose) Rejected (37-92) 2026-03-25 H Floor Amendment {733920/1 (Delegate Buckel) Rejected (44-86) 2026-03-25 H Floor Amendment {693228/1 (Delegate T. Morgan) Rejected (44-88) 2026-03-25 H Floor Amendment {493422/1 (Delegate Buckel) Rejected (40-86) 2026-03-25 H Floor Amendment {413129/1 (Delegate Griffith) Rejected (41-88) 2026-03-25 H Floor Amendment {173922/1 (Delegate Nkongolo) Rejected (37-94) 2026-03-25 H Floor Amendment {823321/1 (Delegate Hornberger) Rejected (45-86) 2026-03-25 H Favorable with Amendments Adopted 2026-03-25 H Committee Amendment (#5-7) Adopted 2026-03-25 H Committee Amendment (#1-4) Adopted 2026-03-25 H Favorable with Amendments {973528/1 2026-03-23 H Motion Special Order until 03/25 (Delegate Barnes) Adopted 2026-03-23 H Favorable with Amendments {973528/1 2026-03-23 H Favorable with Amendments Report by Appropriations 2026-03-18 H Referred Appropriations 2026-03-18 S Third Reading Passed (34-12) 2026-03-17 S Second Reading Passed with Amendments 2026-03-17 S Floor Amendment {673521/1 (Senator Hershey) Rejected (20-24) 2026-03-17 S Floor Amendment {963023/1 (Senator Gallion) Rejected (14-29) 2026-03-17 S Floor Amendment {173121/1 (Senator Folden) Rejected (14-29) 2026-03-17 S Floor Amendment {303528/1 (Senator Corderman) Rejected (14-28) 2026-03-17 S Floor Amendment {173221/1 (Senator Ready) Rejected (18-26) 2026-03-17 S Floor Amendment {143225/1 (Senator Jennings) Adopted 2026-03-17 S Floor Amendment {703923/1 (Senator McKay) Rejected (14-30) 2026-03-17 S Floor Amendment {223926/1 (Senator McKay) Rejected (18-26) 2026-03-17 S Favorable with Amendments Adopted 2026-03-17 S Committee Amendment (#27-34) Adopted 2026-03-17 S Committee Amendment (#21-26) Adopted 2026-03-17 S Committee Amendment (#14-20) Adopted 2026-03-17 S Committee Amendment (#7-13) Adopted 2026-03-17 S Committee Amendment (#1-6) Adopted 2026-03-17 S Favorable with Amendments {873528/1 2026-03-16 S Motion Laid Over (Senator Guzzone) Adopted 2026-03-16 S Favorable with Amendments {873528/1 2026-03-16 S Favorable with Amendments Report by Budget and Taxation 2026-02-11 S Hearing 3/04 at 1:00 p.m. 2026-01-21 S First Reading Budget and Taxation
Votes
2026-03-17 Floor Amendment 223926/1 (Senator McKay) Rejected Yea: 18 Nay: 26 2026-03-17 Floor Amendment 703923/1 (Senator McKay) Rejected Yea: 14 Nay: 30 2026-03-17 Floor Amendment 173221/1 (Senator Ready) Rejected Yea: 18 Nay: 26 2026-03-17 Floor Amendment 303528/1 (Senator Corderman) Rejected Yea: 14 Nay: 28 2026-03-17 Floor Amendment 173121/1 (Senator Folden) Rejected Yea: 14 Nay: 29 2026-03-17 Floor Amendment 963023/1 (Senator Gallion) Rejected Yea: 14 Nay: 29 2026-03-17 Floor Amendment 673521/1 (Senator Hershey) Rejected Yea: 20 Nay: 24 2026-03-18 Third Reading Passed Yea: 34 Nay: 12 2026-03-25 Floor Amendment 823321/1 (Delegate Hornberger) Rejected Yea: 45 Nay: 86 2026-03-25 Floor Amendment 173922/1 (Delegate Nkongolo) Rejected Yea: 37 Nay: 94 2026-03-25 Floor Amendment 413129/1 (Delegate Griffith) Rejected Yea: 41 Nay: 88 2026-03-25 Floor Amendment 493422/1 (Delegate Buckel) Rejected Yea: 40 Nay: 86 2026-03-25 Floor Amendment 693228/1 (Delegate T. Morgan) Rejected Yea: 44 Nay: 88 2026-03-25 Floor Amendment 733920/1 (Delegate Buckel) Rejected Yea: 44 Nay: 86 2026-03-25 Floor Amendment 743226/1 (Delegate Rose) Rejected Yea: 37 Nay: 92 2026-03-25 Floor Amendment 923621/1 (Delegate Miller) Rejected Yea: 38 Nay: 91 2026-03-25 Floor Amendment 363927/1 (Delegate Tomlinson) Rejected Yea: 36 Nay: 91 2026-03-25 Floor Amendment 113226/1 (Delegate Schmidt) Rejected Yea: 35 Nay: 94 2026-03-25 Floor Amendment 983020/1 (Delegate Pippy) Rejected Yea: 40 Nay: 87 2026-03-25 Floor Amendment 913729/1 (Delegate Arentz) Rejected Yea: 38 Nay: 87 2026-03-25 Floor Amendment 493222/1 (Delegate M. Morgan) Rejected Yea: 37 Nay: 91 2026-03-26 Third Reading Passed Yea: 98 Nay: 37
Committee Referrals
2026-01-21 S Budget and Taxation 2026-03-18 H Appropriations
Amendments
2026-03-16 Favorable with Amendments 873528/1 2026-03-17 Floor Amendment 223926/1 (Senator McKay) Rejected (18-26) 2026-03-17 Floor Amendment 703923/1 (Senator McKay) Rejected (14-30) 2026-03-17 Floor Amendment 143225/1 (Senator Jennings) Adopted Adopted 2026-03-17 Floor Amendment 173221/1 (Senator Ready) Rejected (18-26) 2026-03-17 Floor Amendment 303528/1 (Senator Corderman) Rejected (14-28) 2026-03-17 Floor Amendment 173121/1 (Senator Folden) Rejected (14-29) 2026-03-17 Floor Amendment 963023/1 (Senator Gallion) Rejected (14-29) 2026-03-17 Floor Amendment 673521/1 (Senator Hershey) Rejected (20-24) 2026-03-23 Favorable with Amendments 973528/1 2026-03-25 Floor Amendment 823321/1 (Delegate Hornberger) Rejected (45-86) 2026-03-25 Floor Amendment 173922/1 (Delegate Nkongolo) Rejected (37-94) 2026-03-25 Floor Amendment 413129/1 (Delegate Griffith) Rejected (42-87) 2026-03-25 Floor Amendment 493422/1 (Delegate Buckel) Rejected (40-86) 2026-03-25 Floor Amendment 693228/1 (Delegate T. Morgan) Rejected (44-88) 2026-03-25 Floor Amendment 733920/1 (Delegate Buckel) Rejected (44-86) 2026-03-25 Floor Amendment 743226/1 (Delegate Rose) Rejected (37-92) 2026-03-25 Floor Amendment 923621/1 (Delegate Miller) Rejected (38-91) 2026-03-25 Floor Amendment 363927/1 (Delegate Tomlinson) Rejected (36-91) 2026-03-25 Floor Amendment 143125/1 (Delegate M. Morgan) Withdrawn 2026-03-25 Floor Amendment 113226/1 (Delegate Schmidt) Rejected (35-94) 2026-03-25 Floor Amendment 983020/1 (Delegate Pippy) Rejected (40-87) 2026-03-25 Floor Amendment 913729/1 (Delegate Arentz) Rejected (39-86) 2026-03-25 Floor Amendment 493222/1 (Delegate M. Morgan) Rejected (37-91) 2026-03-30 Conference Committee Report 743420/1 Adopted Adopted
Bill Text Versions
2026-01-21 Introduced 2026-03-17 Engrossed 2026-04-01 Enrolled
Subjects
Operating Budget Administrative Agencies Advance Medical Directives Agriculture Allegany County Apprenticeships and Internships Appropriations Assisted Living Awareness and Outreach Baltimore City Bonds Budgets Caroline County Children (4-12) Climate Resiliency Commerce and Business Community Colleges Comptroller Construction Counselors and Therapists Counties Domestic Violence Dorchester County Driver Education Electronic Government Emergency Management, Department of Emergency Services Energy Matters Energy Technology and Infrastructure Environmental Matters Exemptions Federal Aid Fees Garrett County Governor Grants Guns Health, Department of Health Occupations Heating and Cooling Higher Education Historical Matters Income Tax Industry and Manufacturing Intergovernmental Cooperation Job Training Labor, Department of Law Enforcement Loans Local Government Mandates Medical Technology Mental and Behavioral Health Museums Natural Resources Nonprofit Organizations Open Government Physicians Planning, Department of plants Power Plants Prerelease and Reentry Prince George's County Private Schools Program Open Space Public Employees Public Schools Renewable Energy Sources Retirement Revenue and Taxes Right-of-Way Rural Areas Salaries and Compensation Scholarships and Student Financial Aid Smoking and Vaping Soil Conservation Somerset County Sports and Recreation State Aid Substance Abuse Tobacco and Nicotine Urban Areas Utilities Washington County Wicomico County Youth (10-21) Applicants and Applications Budget and Management, Department of Calvert County Cannabis Administration, Maryland Charles County Child Care Committees and Commissions Community Development Conservation Contracts County Executives Crime Prevention and Policy, Governor's Office of Data Debt Management Drugs Early Childhood Education Food Forests and Parks Health Health Benefit Exchange Health Insurance Hearings Higher Education Commission Hotels and Motels Human Infrastructure Immigrants and Citizenship Information Technology Legal Aid Medical Treatments Moderate-Income Motor Vehicles Motor Vehicle Registration Municipal Corporations Natural Resources, Department of Notices Nurses Public Buildings and Facilities Racial Matters Racing Rules and Regulations Scientific Research Standards and Best Practices State Employees St. Mary's County Students Surveys and Polls Tax Credits Time Tri-County Council for SoMd Work, Labor, and Employment Commerce, Department of Legislative data powered by LegiScan (CC BY 4.0)
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