MD SB475 | 2023 | Regular Session

Status

Spectrum: Slight Partisan Bill (Democrat 11-5)
Status: Introduced on February 3 2023 - 25% progression, died in committee
Action: 2023-02-20 - Hearing 2/22 at 1:00 p.m.
Pending: Senate Education, Energy, and the Environment Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Workgroup on the Maryland 529 Prepaid College Trust Program

Sponsors


History

DateChamberAction
2023-02-20SenateHearing 2/22 at 1:00 p.m.
2023-02-20SenateHearing canceled
2023-02-09SenateHearing 2/22 at 2:00 p.m.
2023-02-03SenateFirst Reading Education, Energy, and the Environment

Subjects


Maryland State Sources


Bill Comments

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