Governor Wes Moore has unveiled his economic growth agenda for the 2025 legislative session.
The package includes budget investments and legislative proposals to strengthen Maryland’s economy and continue to build pathways to work, wages, and wealth.
Together, we have laid out an economic growth strategy that plays to Maryland’s unique strengths—so we can spur business growth and build an economy that works for everyone,” said Gov. Moore. “In partnership with the General Assembly, we will make Maryland a place where businesses want to grow and thrive, create good-paying jobs in industries of the future, and connect more Marylanders with opportunity. Gone are the days of being asset-rich, but strategy poor.”
Gov. Moore’s proposed FY 2026 budget includes more than $750 million in operating and capital funding for economic and workforce development, for which $128.5 million is targeted, strategic investments to strengthen Maryland’s business climate, grow key industries and sectors, and expand the state’s talent ecosystem. According to analysis by the Jacob France Institute, these new targeted investments will generate $515.6 million in economic activity in Maryland and support 2,599 jobs earning $210.2 million in labor income.
To see more details on the targeted investments see the full release.
In addition to budget investments, Gov. Moore announced details about his economic growth legislative agenda. These are:
- The DECADE Act
- The Housing for Jobs Act
- The RAISE Act
- The Procurement Reform Act
County leaders will play a crucial role in implementing these strategies and ensuring their communities benefit from these transformative efforts. Learn more about each of these and the effect on counties here.
