Md. Code, Education § 9.5–906

(a) The Office shall award a program that participates in the Maryland EXCELS Program a bonus:

(1) On initial publication of a quality rating level 1, 2, 3, or 4;

(2) On each publication of a higher quality rating level after the initial publication;

(3) On initial publication of a quality rating level 5; and

(4) Annually on renewal and republication of a quality rating level 5.

(b) (1) The Governor shall appropriate in fiscal year 2023 $5,000,000.

(2) For each of fiscal years 2024 through 2028, funding for the program shall increase by 10% over the prior fiscal year.