MD HB629 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on January 29 2020 - 25% progression, died in committee
Action: 2020-01-31 - Hearing 2/25 at 1:00 p.m.
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring the State Treasurer to make a $100 deposit into an omnibus account for each child born or adopted in the State on or after January 1, 2022; requiring the Maryland 529 Board to administer and manage the omnibus account and to adopt certain procedures to carry out the Act; requiring the State Treasurer, the Maryland Department of Health, the Department of Human Services, and the Board to exchange certain information to carry out the Act; etc.

Tracking Information

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Title

Maryland College Investment Plan - State Contribution Incentives

Sponsors


History

DateChamberAction
2020-01-31HouseHearing 2/25 at 1:00 p.m.
2020-01-29HouseFirst Reading Appropriations

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Education1819A-01(n/a)See Bill Text
Education1819A-02(n/a)See Bill Text
Education1819A-04.2(n/a)See Bill Text

Maryland State Sources


Bill Comments

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