Ch. 2

2007 Laws of Maryland

(ii) The financial forecast shall include, for each of the
components specified in subparagraph (i) of this paragraph:

1. Actual information for the last full fiscal year: and

2. Forecasts of the information for each of the six
subsequent fiscal years, including the current fiscal year, the fiscal year for the
proposed budget. and the next four subsequent fiscal years.

(iii) THE DEPARTMENT SHALL INCORPORATE IN THE
FINANCIAL FORECAST THE MOST RECENT ESTIMATES BY THE BOARD OF
REVENUE ESTIMATES OF THE REVENUES FROM:

1. THE CORPORATE INCOME TAX AND THE SALES

AND USE TAX FOR EACH OF THE SIX SUBSEQUENT YEARS. INCLUDING THE
CURRENT FISCAL YEAR AND THE FISCAL YEAR FOR THE PROPOSED BUDGET: AND

2. MOTOR FUEL TAXES AND MOTOR VEHICLE

TITLING TAXES FOR THE CURRENT FISCAL YEAR AND THE FISCAL YEAR FOR THE
PROPOSED BUDGET.

SECTION 6. 9. AND BE IT FURTHER ENACTED, That it is the intent of the
General Assembly that in formulating the fiscal year 2009 budget, the Governor shall
apply any funds in the State Employees and Retirees Health and Welfare Benefits
Fund estimated to be in excess of the amount necessary to fund the benefit in fiscal
year 2008 toward funding health insurance costs of employees and retirees in fiscal
year 2009 so as to reduce the cost to the General Fund of providing the benefit by at
least $82,000,000 $77,000,000. It is the further intent that State employees and
retirees receive one additional pay period or equivalent adjustment in which health
insurance contributions are not required during fiscal 2009.

SECTION 10. AND BE IT FURTHER ENACTED. That:

(a) In this section. "Executive Branch agencies" does not include the
Department of Public Safety and Correctional Services or helicopter pilots in the
Department of State Police.

(b) (1) As of January 30. 2008. the number of full-time equivalent (FTE)
regular positions in Executive Branch agencies shall be reduced by 750 500 FTEs.

(2) It is the intent of the General Assembly that these reductions be made
from vacant positions.

(c) On or before January 30, 2008, the Governor shall submit to the Board of
Public Works a schedule for realigning the authorizations made under Chapter 487 of

- 42 -