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Department of Agriculture: transfer-tax decline reduces FY26 funding; Ag land preservation remains a priority
Summary
DLS and the Maryland Department of Agriculture told the Capital Budget Subcommittee that transfer-tax revenue estimates for FY26 reduced available capital funding, leaving the Maryland Agricultural Cost Share program unfunded in the governor's allowance for FY26 but pointing to an existing fund balance to carry operations in the near term; the Ag
Department of Legislative Services analyst presented the Maryland Department of Agriculture's FY26 capital outlook to the Capital Budget Subcommittee, reporting a decline in revenue from the real-estate transfer tax that reduces FY26 capital funding for several agriculture programs.
The DLS presentation flagged two primary changes: a drop in transfer-tax revenue from prior projections, and no explicit FY26 appropriation in the governor's allowance for the Maryland Agricultural Cost Share Program (MACS). DLS recommended the subcommittee concur with the governor's…
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