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College Park seeks to retain campus building funds as DLS urges minor deferrals
Summary
University of Maryland College Park officials urged the subcommittee to reject DLS recommendations to defer $7.5 million in GO bond funding and discussed the interdisciplinary engineering building's sustainability components and tax-credit eligibility under the Inflation Reduction Act.
University of Maryland College Park President Darrell J. Pines and Department of Legislative Services analysts described multiple College Park capital projects and disagreed with some DLS recommendations to defer funding.
DLS budget analyst Sarah Baker said three projects are scheduled to receive funding in fiscal 2026, with discussion focusing on the new Interdisciplinary Engineering building. The CIP leverages $58.2 million from the Clark Foundation and DLS reported the total project cost rose by $19.7 million to $243.6 million. The project…
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