Legislation - HB1326

Establishing the Prekindergarten Savings Account Program in the State administered by the State Department of Education; providing that the State shall deposit into an account of an eligible student a certain percentage of the per pupil amount of State and local funds for each education program in the resident school district for which the eligible student would be included in the enrollment count; and allowing a subtraction modification under the Maryland income tax for deposits into an education savings account.

Committees

Original:: Ways and Means

Details

Bill File Type: Regular

Effective Date(s): July 1, 2025

Bill imposes a local government mandate, which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit

History

Legislation History
Chamber House Calendar Date 2/07/2025 Legislative Date 2/07/2025 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Prekindergarten Savings Account Program - Establishment Proceedings
Chamber House Calendar Date 2/10/2025 Legislative Date 2/10/2025 Action Hearing 3/06 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/07/2025	2/07/2025	First Reading Ways and Means
			Text - First - Prekindergarten Savings Account Program - Establishment
House	2/10/2025	2/10/2025	Hearing 3/06 at 1:00 p.m.

File Code

Subjects

Statutes