WASHINGTON — Maryland lawmakers continued negotiations on fiscal 2011 budget bills Thursday as local bond-financed projects, which some members consider earmarks, became a point of contention.

The House and Senate versions of the budget legislation include $1.0 billion of bonds for state projects. But an amendment adopted by the Senate would scrap $15 million of local bond-financed projects for fiscal 2012 and 2013 that have been labeled as earmarks for various legislators' districts. The money for the projects would be diverted to school construction projects instead.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.