Legislation
- Title
- Maryland 529 Program – Board Authority and State Contribution – Alterations
- Sponsored by
- Senators Elfreth, Klausmeier, Griffith, and Zucker
- Status
- Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 436
- 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 the age of 26 years 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
- Opposite:
- Appropriations
Committee Testimony
Details
History
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File Code
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Subjects
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Statutes
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(
18-1901, 18-1905, 18-19A-01, 18-19A-02, 18-19A-04.1 )
Last Updated: 6/11/2021 12:06 PM