MD HB89 | 2023 | Regular Session

Note: Carry Foward to future HB898
Note: Carry Over of previous HB470

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2023 - 25% progression, died in committee
Action: 2023-01-11 - Hearing 1/24 at 1:00 p.m.
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Establishing the Maryland People's Fund as a special, nonlapsing fund; requiring the interest earnings of the Fund to be credited to the Fund; exempting the Fund from a certain provision of law requiring interest earnings on State money to accrue to the General Fund of the State; and requiring the Comptroller to distribute to the Fund 25% of the Maryland estate tax.

Tracking Information

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Title

Maryland People's Fund - Establishment

Sponsors


History

DateChamberAction
2023-01-11HouseHearing 1/24 at 1:00 p.m.
2023-01-11HouseFirst Reading Appropriations
2022-11-17HousePre-filed

Same As/Similar To

HB89 (Carry Over) 2023-01-11 - Hearing 1/24 at 1:00 p.m.
HB470 (Carry Over) 2022-01-30 - Hearing 2/15 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
State Finance and Procurement6226(n/a)See Bill Text
State Government5108(n/a)See Bill Text
Tax - General2801(n/a)See Bill Text

Maryland State Sources


Bill Comments

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