Legislation - SB0563

Title: Maryland Fair and Agricultural Education Promise Fund - Establishment (Maryland Fair and Agricultural Education Promise Act)
Sponsored by: Senators Hester, Bailey, West, Ready, and Gallion
Status: In the Senate - First Reading Education, Energy, and the Environment and Budget and Taxation
Analysis

Synopsis

Establishing the Maryland Fair and Agricultural Education Promise Fund as a special, nonlapsing fund to advance agricultural fairs and education in the State; requiring interest earnings of the Fund to be credited to the Fund; requiring $1,450,000 of proceeds from the State lottery, before being allocated to the General Fund, to be allocated to the Fund; and repealing the requirement that a certain amount of annual proceeds from the State horse racing special fund be used to promote State agricultural fairs and education.

Committees

Original:: Education, Energy, and the Environment; Budget and Taxation

Details

Cross-filed with: HB0650

Bill File Type: Regular

Effective Date(s): June 1, 2025

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber Senate Calendar Date 1/23/2025 Legislative Date 1/23/2025 Action First Reading Education, Energy, and the Environment and Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Fair and Agricultural Education Promise Fund - Establishment (Maryland Fair and Agricultural Education Promise Act) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/23/2025	1/23/2025	First Reading Education, Energy, and the Environment and Budget and Taxation
			Text - First - Maryland Fair and Agricultural Education Promise Fund - Establishment (Maryland Fair and Agricultural Education Promise Act)

File Code

Subjects

Statutes