Legislation

Title: Maryland Senator Edward J. Kasemeyer College Investment Plan - State Contributions - Alterations
Sponsored by: Senators Klausmeier and Zucker
Status: In the House - First Reading Appropriations
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Clarifying that a State contribution to a Maryland Senator Edward J. Kasemeyer College Investment Plan may be made to a limited number of accounts for each qualified beneficiary; limiting, for State contribution application periods after December 31, 2020, a qualified beneficiary from receiving more than two State contributions for each year the qualified beneficiary is eligible for the State contribution; authorizing the Maryland 529 Board to adopt certain regulations; and requiring a certain report to the General Assembly.

Committees

Original:: Education, Health, and Environmental Affairs Click to view Recorded Media

Opposite:: Appropriations

Committee Testimony

Witness List

Details

Cross-filed with: HB0532

Bill File Type: Regular

Effective Date(s): July 1, 2020

History

Legislation History
Chamber Senate Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action First Reading Education, Health, and Environmental Affairs Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Senator Edward J. Kasemeyer College Investment Plan - State Contributions - Alterations Proceedings
Chamber Senate Calendar Date 2/05/2020 Legislative Date 2/05/2020 Action Hearing 2/26 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Education, Health, and Environmental Affairs Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/06/2020 Legislative Date 3/06/2020 Action Favorable with Amendments Report by Education, Health, and Environmental Affairs Proceedings
Chamber Senate Calendar Date 3/09/2020 Legislative Date 3/04/2020 Action Favorable with Amendments {894231/1 Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 3/09/2020 Legislative Date 3/04/2020 Action Motion Laid Over (Senator Guzzone) Adopted Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 3/10/2020 Legislative Date 3/05/2020 Action Favorable with Amendments {894231/1 Adopted Proceedings 44 Click to view Recorded Media
Chamber Senate Calendar Date 3/10/2020 Legislative Date 3/05/2020 Action Floor Amendment {723223/1 (Senator Lam) Adopted Proceedings 44 Click to view Recorded Media
Chamber Senate Calendar Date 3/10/2020 Legislative Date 3/05/2020 Action Second Reading Passed with Amendments Proceedings 44 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Maryland Senator Edward J. Kasemeyer College Investment Plan - State Contributions - Alterations Proceedings
Chamber Senate Calendar Date 3/12/2020 Legislative Date 3/07/2020 Action Third Reading Passed (47-0) Proceedings 46 Click to view Recorded Media
Chamber House Calendar Date 3/12/2020 Legislative Date 3/10/2020 Action Referred Appropriations Proceedings 47 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/03/2020	2/03/2020	First Reading Education, Health, and Environmental Affairs
			Text - First - Maryland Senator Edward J. Kasemeyer College Investment Plan - State Contributions - Alterations
Senate	2/05/2020	2/05/2020	Hearing 2/26 at 1:00 p.m.
			Vote - Senate - Committee - Education, Health, and Environmental Affairs	Click to view Recorded Media
Senate	3/06/2020	3/06/2020	Favorable with Amendments Report by Education, Health, and Environmental Affairs
Senate	3/09/2020	3/04/2020	Favorable with Amendments {894231/1	43 Click to view Recorded Media
Senate	3/09/2020	3/04/2020	Motion Laid Over (Senator Guzzone) Adopted	43 Click to view Recorded Media
Senate	3/10/2020	3/05/2020	Favorable with Amendments {894231/1 Adopted	44 Click to view Recorded Media
Senate	3/10/2020	3/05/2020	Floor Amendment {723223/1 (Senator Lam) Adopted	44 Click to view Recorded Media
Senate	3/10/2020	3/05/2020	Second Reading Passed with Amendments	44 Click to view Recorded Media
			Text - Third - Maryland Senator Edward J. Kasemeyer College Investment Plan - State Contributions - Alterations
Senate	3/12/2020	3/07/2020	Third Reading Passed (47-0)	46 Click to view Recorded Media
House	3/12/2020	3/10/2020	Referred Appropriations	47 Click to view Recorded Media

File Code

Subjects

Statutes