MD HB470 | 2022 | Regular Session
Note: Carry Foward to future HB89
Note: Carry Over of previous HB1101
Note: Carry Over of previous HB1101
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-30 - Hearing 2/15 at 1:00 p.m.
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-01-30 - Hearing 2/15 at 1:00 p.m.
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishing the Maryland People's Fund as a special, nonlapsing fund; requiring the interest earnings of the Fund to be credited to the Fund; exempting the Fund from a certain provision of law requiring interest earnings on State money to accrue to the General Fund of the State; and requiring the Comptroller to distribute to the Fund 25% of the Maryland estate tax.
Title
Maryland People’s Fund – Establishment
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-30 | House | Hearing 2/15 at 1:00 p.m. |
| 2022-01-21 | House | First Reading Appropriations |
Same As/Similar To
HB470 (Carry Over) 2022-01-30 - Hearing 2/15 at 1:00 p.m.
HB1101 (Carry Over) 2021-03-11 - Hearing 3/12 at 1:00 p.m.
HB1101 (Carry Over) 2021-03-11 - Hearing 3/12 at 1:00 p.m.
Subjects
Comptroller
Interest
Revenue and Taxes
State Government - Agencies, Offices, and Officials
Taxes - Miscellaneous
Treasurers
Interest
Revenue and Taxes
State Government - Agencies, Offices, and Officials
Taxes - Miscellaneous
Treasurers
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| State Finance and Procurement | 6 | 226 | (n/a) | See Bill Text |
| State Government | 5 | 108 | (n/a) | See Bill Text |
| Tax - General | 2 | 801 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0470?ys=2022RS |
| Text | https://mgaleg.maryland.gov/2022RS/bills/hb/hb0470f.pdf |
