All Md. Casino Money May Go To Education

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Title : All Md. Casino Money May Go To Education
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news-today.world | Maryland lawmakers voted Friday to give voters the option to direct all of the state’s casino profits to K-12 public education, instead of reserving some of them to balance the budget.

The state’s principal teachers’ union, the Maryland State Education Association, reported that Maryland has appropriated a total of nearly $2 billion in casino funds to budget balancing and away from education since 2009, reported The Washington Post. The “lockbox” law would inhibit future Maryland lawmakers and governors from using any casino funds to balance the budget.

The House of Delegates passed the legislation after receiving a unanimous approval from the state Senate.

If enacted, the measure would incrementally increase the proportion of casino funds directed to education until fiscal year 2023, when all of the funds would be allocated there.

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