2011 Session Wrap-Up
For the fourth consecutive year, Governor O’Malley was forced to introduce a budget with considerably less funding than he had the year before. The 2011 General Assembly opened with an estimated $1.5 billion shortfall that followed three straight years of substantial revenue loss and an end to federal stimulus money that had been used to back-fill revenue shortfall. In addition, the State recognized the need to address the massive unfunded pension and retiree healthcare liabilities that were projected to total $33 billion over the next 30 years.
Download MACC's 2011 Legislative Report (20 pages) 
