Maryland's Senate Bill 340 is set to shake up the state's education funding landscape by proposing a referendum on the expansion of commercial gaming, specifically Internet gaming, aimed at generating revenue for education. Introduced on January 16, 2025, the bill mandates that voters will decide in November 2026 whether to approve this significant shift in gaming policy.

At the heart of Senate Bill 340 is a clear directive: if passed, it will allow for the expansion of Internet gaming, with the revenue earmarked for educational funding. This move comes amid ongoing discussions about the adequacy of funding for schools across Maryland, as lawmakers seek innovative solutions to bolster financial support for education.

Notably, the bill includes a provision ensuring that the overall funding appropriated by county governing bodies will not decrease as a result of this new law, addressing concerns that gaming revenue could replace existing funding rather than supplement it. This safeguard aims to reassure voters and stakeholders that educational resources will remain stable.

The bill's path to implementation hinges on the outcome of the upcoming referendum. If a majority of voters support the expansion, the law will take effect 30 days after the official vote count. Conversely, if the majority votes against it, the bill will be rendered null and void without further legislative action.

As the debate heats up, proponents argue that the expansion of gaming could provide a much-needed financial boost to Maryland's education system, while opponents raise concerns about the potential social implications of increased gambling access. With the referendum looming, the stakes are high, and the outcome could reshape the funding framework for education in Maryland for years to come.