Legislation - SB0779

Title: Maryland 529 Program – Board Authority and State Contribution – Alterations
Sponsored by: Senators Elfreth, Klausmeier, Griffith, and Zucker
Status: In the House - First Reading Appropriations
Analysis: Fiscal and Policy Note

Synopsis

Authorizing the Maryland 529 Board to distribute certain fees in a certain manner; requiring an account holder of the Maryland Senator Edward J. Kasemeyer College Investment Plan to be a State resident and file taxes before July 15 each year to qualify for a State contribution; requiring a qualified beneficiary to be under 26 years of age to receive a State contribution; prohibiting an account holder from qualifying for more than $9,000 of State contributions through a certain time period; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Appropriations

Committee Testimony

Witness List

Details

Cross-filed with: HB1238

Bill File Type: Regular

Effective Date(s): July 1, 2021

History

Legislation History
Chamber Senate Calendar Date 2/05/2021 Legislative Date 2/05/2021 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/05/2021 Legislative Date 2/05/2021 Action Hearing 2/24 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland 529 Program – Board Authority and State Contribution – Alterations Proceedings
Chamber Senate Calendar Date 2/19/2021 Legislative Date 2/19/2021 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/19/2021 Legislative Date 2/19/2021 Action Hearing 2/24 at 12:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/02/2021 Legislative Date 3/02/2021 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/03/2021 Legislative Date 2/18/2021 Action Favorable Adopted Proceedings 19 Click to view Recorded Media
Chamber Senate Calendar Date 3/03/2021 Legislative Date 2/18/2021 Action Second Reading Passed Proceedings 19 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Maryland 529 Program – Board Authority and State Contribution – Alterations Proceedings
Chamber Senate Calendar Date 3/04/2021 Legislative Date 2/19/2021 Action Third Reading Passed (47-0) Proceedings 20 Click to view Recorded Media
Chamber House Calendar Date 3/05/2021 Legislative Date 3/01/2021 Action Referred Appropriations Proceedings 20 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/05/2021	2/05/2021	First Reading Budget and Taxation
Senate	2/05/2021	2/05/2021	Hearing 2/24 at 1:00 p.m.
			Text - First - Maryland 529 Program – Board Authority and State Contribution – Alterations
Senate	2/19/2021	2/19/2021	Hearing canceled
Senate	2/19/2021	2/19/2021	Hearing 2/24 at 12:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/02/2021	3/02/2021	Favorable Report by Budget and Taxation
Senate	3/03/2021	2/18/2021	Favorable Adopted	19 Click to view Recorded Media
Senate	3/03/2021	2/18/2021	Second Reading Passed	19 Click to view Recorded Media
			Text - Third - Maryland 529 Program – Board Authority and State Contribution – Alterations
Senate	3/04/2021	2/19/2021	Third Reading Passed (47-0)	20 Click to view Recorded Media
House	3/05/2021	3/01/2021	Referred Appropriations	20 Click to view Recorded Media

File Code

Subjects

Statutes