Passed BothConf. Cmte
- Workgroup on the Maryland 529 Prepaid College Trust Program
- Sponsored by
- Senators Klausmeier, Augustine, Brooks, Carozza, Elfreth, Feldman, Gallion, Hershey, Gile, Kramer, Rosapepe, Guzzone, Muse, Ready, Salling, and Zucker
- In the Senate - Hearing 2/22 at 1:00 p.m.
- Fiscal and Policy Note (Revised)
Establishing the Workgroup on the Maryland 529 Prepaid College Trust Program; requiring the Workgroup to identify policies, procedures, and practices that led to issues relating to the earnings calculation formula and Maryland 529 account holders' inability to access their prepaid college trust benefits to pay for college expenses; requiring the Workgroup to develop and make recommendations for improvement in certain areas; and requiring the Workgroup to report its findings and recommendations on or before June 1, 2024.
Bill File Type: Regular
Effective Date(s): Upon Enactment
Creates a Task Force or Commission
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Last Updated: 2/24/2023 9:35 AM