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Senate panel would slow teacher pension shift (access required)

Posted: 8:06 pm Thu, March 8, 2012
By Alexander Pyles
Daily Record Business Writer

ANNAPOLIS – The Senate Budget and Taxation Committee put its stamp on Gov. Martin O’Malley’s proposed budget Thursday, voting to phase in the shift of teacher pension costs to local governments over four years and to repeal a 1997 income tax reduction. About $600 million in cuts are proposed in the committee’s spending plan, which deviates ...

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