# Maryland HB 0953: Revenue Stabilization Account - Transfer of Funds - State Disaster Recovery Fund

Maryland HB 0953, Revenue Stabilization Account - Transfer of Funds - State Disaster Recovery Fund, is a 2026 Regular Session House bill sponsored by Jason C. Buckel (Republican); status signed, last action 2026-05-12 (Approved by the Governor - Chapter 450) (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/MD-HB0953-2026RS
- As of: 2026-10-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland HB 0953
- State: Maryland
- Session: 2026 Regular Session
- Title: Revenue Stabilization Account - Transfer of Funds - State Disaster Recovery Fund
- Status: signed
- Chamber: House
- Introduced: 2026-02-05
- Last action: 2026-05-12, Approved by the Governor - Chapter 450
- Sponsor: Jason C. Buckel (Republican)
- Cosponsors: 1
- Subjects: Public Safety, State Government - Agencies, Offices, and Officials, Emergencies -see also- Pandemics, Governor, Public Works, Board of, Revenue and Taxes -see also- (specific tax)
- Touches household money: no
- Roll calls: 2 (167 yes, 0 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- New state fund for disaster recovery: benefit, low. Beginning June 1, 2026, the law creates the State Disaster Recovery Fund. It holds money from the state budget, transfers from the Catastrophic Event Account and the Rainy Day Fund, loan repayments, federal reimbursements, interest, and other accepted sources. The Governor can include money for thi…
- Rainy-day money for disaster recovery: mixed, low. Beginning June 1, 2026, the Governor can move money from the Rainy Day Fund to the State Disaster Recovery Fund. The Board of Public Works must approve any transfer. A transfer cannot cut the Rainy Day Fund below 5% of estimated General Fund revenues for that fiscal year.

## Sponsors and cosponsors

- Sponsor: Jason C. Buckel (Republican), House
- Cosponsor: Jim Hinebaugh (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-13 | Senate | Third Reading Passed | pass | 36 | 0 | 11 |
| 2026-03-17 | House | Third Reading Passed | pass | 131 | 0 | 5 |

## Actions (16)

- 2026-05-12: Approved by the Governor - Chapter 450
- 2026-04-13: Returned Passed (House)
- 2026-04-13: Third Reading Passed (36-0) (Senate)
- 2026-04-10: Second Reading Passed (Senate)
- 2026-04-10: Favorable Adopted (Senate)
- 2026-04-10: Favorable Report by Budget and Taxation (Senate)
- 2026-03-23: Hearing 3/24 at 1:00 p.m. (Senate)
- 2026-03-18: Referred Budget and Taxation (Senate)
- 2026-03-17: Third Reading Passed (131-0) (House)
- 2026-03-17: Second Reading Passed (House)
- 2026-03-17: Favorable Adopted (House)
- 2026-03-16: Favorable Report by Appropriations (House)
- 2026-02-20: Hearing 3/10 at 1:00 p.m. (House)
- 2026-02-20: Hearing canceled (House)
- 2026-02-17: Hearing 3/05 at 1:00 p.m. (House)
- 2026-02-05: First Reading Appropriations (House)

## Bill text

- Enacted, 2026-05-12: [PDF](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_450_hb0953t.pdf)
- Third Reading, 2026-03-17: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0953t.pdf)
- First Reading, 2026-02-05: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0953f.pdf)

## Related bills

- SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - Authorization (became law)
- SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishment (became law)
- SB 0244: Code Revision - Health - Maryland Medical Assistance Program (became law)
- SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-1 Specialists Act) (became law)
- SB 0016: Child Support - Earnings Withholdings Limits (became law)
- HB 0529: Code Revision - Health - Maryland Medical Assistance Program (became law)

## Sources
- [Enacted (PDF)](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_450_hb0953t.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0953t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0953f.pdf)

## Related
- [SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - A…](https://policyrisk.com/state-bill/MD-SB0496-2026RS)
- [SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishm…](https://policyrisk.com/state-bill/MD-SB0366-2026RS)
- [SB 0244: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-SB0244-2026RS)
- [SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-…](https://policyrisk.com/state-bill/MD-SB0148-2026RS)
- [SB 0016: Child Support - Earnings Withholdings Limits](https://policyrisk.com/state-bill/MD-SB0016-2026RS)
- [HB 0529: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-HB0529-2026RS)
- [Maryland bills](https://policyrisk.com/states/maryland/bills)
- [Maryland state hub](https://policyrisk.com/states/maryland)
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Source: PRIA, https://policyrisk.com/state-bill/MD-HB0953-2026RS (as of 2026-10-19).