MarylandGov. Larry Hogan announced this week an investment of $53 million for the Chesapeake and Atlantic Coastal Bays Trust Fund and $60 million over two years for land acquisition and preservation programs.
This marks the first time in state history that revenue dedicated for Chesapeake Bay restoration was not diverted to the General Fund.
In addition, the governor’s budget blueprint phases out planned financial transfers from land conservation and preservation programs, including Program Open Space.
“Maryland is leading the charge on many of the goals set forth in the Chesapeake Bay Watershed Agreement,” Gov. Hogan said. “This dedicated funding for the Trust Fund will enhance our efforts even further, and cement our position as ecological and environmental leaders. Through these commitments, we signal our commitment to the restoration of the Chesapeake Bay and the improvement of our public lands, both locally and statewide.”