Altering the amount the State is required to contribute to account holders who make specified annual contributions to specified investment accounts in the Maryland College Investment Plan; and increasing from $7,000,000 to $14,000,000 in fiscal year 2019 and from $10,000,000 to $20,000,000 in fiscal year 2020 the amount of the appropriation the Governor is required to provide to fund specified State contributions.
Bill File Type: Regular
Effective Date(s): July 1, 2017
Bill imposes a mandated appropriation in the annual State Budget Bill
( 18-19A-01, 18-19A-04.1 )
Last Updated: 2/3/2020 2:33 PM