MD SB564 | 2025 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-01-23 - First Reading Budget and Taxation
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Authorizing the transfer of funds from the Catastrophic Event Account to the State Disaster Recovery Fund if the balance of the Fund has been depleted due to use or transfer or the estimated costs for providing adequate disaster relief for a natural disaster or catastrophic situation are in excess of the Fund's balance; and altering the number of days the Legislative Policy Committee has to review and make comments before the Governor may transfer certain funds from the Account through budget amendment.

Tracking Information

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Title

Catastrophic Event Account - Transfer of Funds - State Disaster Recovery Fund

Sponsors


History

DateChamberAction
2025-01-23SenateFirst Reading Budget and Taxation

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Public Safety14110.5(n/a)See Bill Text
State Finance and Procurement7324(n/a)See Bill Text

Maryland State Sources


Bill Comments

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