Legislation

Title: Maryland People's Fund - Establishment
Sponsored by: Delegates Acevero, W. Fisher, Ivey, Korman, R. Lewis, Lierman, Moon, Mosby, Stewart, Wells, and Wilkins
Status: In the House - Hearing 3/01 at 1:00 p.m. (Ways and Means)
Analysis: Fiscal and Policy Note

Synopsis

Establishing the Maryland People's Fund as a special, nonlapsing fund; requiring the State Treasurer to administer the Fund; specifying the contents of the Fund; providing for the investment of money in and expenditures from the Fund; requiring the Comptroller to distribute to the Fund a certain percentage of the State income tax paid by each owner of certain medical cannabis growers, processors, and dispensaries that is attributable to income derived from the medical cannabis industry for the immediately preceding taxable year; etc.

Committees

Original:: Ways and Means Click to view Recorded Media; Health and Government Operations

Details

Bill File Type: Regular

Effective Date(s): October 1, 2019

History

Legislation History
Chamber House Calendar Date 2/08/2019 Legislative Date 2/08/2019 Action First Reading Ways and Means and Health and Government Operations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland People's Fund - Establishment Proceedings
Chamber House Calendar Date 2/12/2019 Legislative Date 2/12/2019 Action Hearing 3/01 at 1:00 p.m. (Ways and Means) Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/08/2019	2/08/2019	First Reading Ways and Means and Health and Government Operations
			Text - First - Maryland People's Fund - Establishment
House	2/12/2019	2/12/2019	Hearing 3/01 at 1:00 p.m. (Ways and Means)

File Code

Subjects

Statutes