ANNAPOLIS, Md. (AP) — Maryland legislative leaders are announcing a compromise with Gov. Larry Hogan on school funding and a loan for Northrop Grumman.
House Speaker Michael Busch and Senate President Thomas V. Mike Miller announced the compromise Tuesday.
Northrop Grumman requested aid to acquire a 300,000 square-foot facility in Linthicum and keep 10,000 employees in Maryland. Last year, lawmakers approved a $37.5 million tax credit for the defense contractor. Another $20 million proposed by Hogan needs approval by the Legislative Policy Committee.
Miller and Busch say legislation will be introduced to reduce local teacher pension system costs by $20 million due to unexpected costs this year, using money set aside in the last session that went unspent.
The presiding officers also announced support to use state money to keep Marriott International in Maryland.
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