Legislation

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.

Committees

Original:: Education, Energy, and the Environment Click to view Recorded Media

Committee Testimony

Witness List

Details

Emergency Bill

Bill File Type: Regular

Effective Date(s): Upon Enactment

Creates a Task Force or Commission

History

Legislation History
Chamber Senate Calendar Date 2/03/2023 Legislative Date 2/03/2023 Action First Reading Education, Energy, and the Environment Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Workgroup on the Maryland 529 Prepaid College Trust Program Proceedings
Chamber Senate Calendar Date 2/09/2023 Legislative Date 2/09/2023 Action Hearing 2/22 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 2/20/2023 Legislative Date 2/20/2023 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/20/2023 Legislative Date 2/20/2023 Action Hearing 2/22 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2023	2/03/2023	First Reading Education, Energy, and the Environment
			Text - First - Workgroup on the Maryland 529 Prepaid College Trust Program
Senate	2/09/2023	2/09/2023	Hearing 2/22 at 2:00 p.m.
Senate	2/20/2023	2/20/2023	Hearing canceled
Senate	2/20/2023	2/20/2023	Hearing 2/22 at 1:00 p.m.

File Code

Subjects

Statutes