Requiring the State Treasurer to make a $100 deposit into an omnibus account for each child born or adopted in the State on or after January 1, 2022; requiring the Maryland 529 Board to administer and manage the omnibus account and to adopt certain procedures to carry out the Act; requiring the State Treasurer, the Maryland Department of Health, the Department of Human Services, and the Board to exchange certain information to carry out the Act; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2020
Bill imposes a mandated appropriation in the annual State Budget Bill
Last Updated: 3/13/2020 11:55 AM