Maryland People's Fund - Establishment
Sponsor: Gabriel Acevero (District 39)Committee: Ways and MeansSubject: State Government - Agencies, Offices, and OfficialsStatus: Hearing 3/01 at 1:00 p.m. (Ways and Means) (as of Sep 19, 2019)
What this bill does
Official synopsis
Establishing the Maryland People's Fund as a special, nonlapsing fund; requiring the State Treasurer to administer the Fund; specifying the contents of the Fund; providing for the investment of money in and expenditures from the Fund; requiring the Comptroller to distribute to the Fund a certain percentage of the State income tax paid by each owner of certain medical cannabis growers, processors, and dispensaries that is attributable to income derived from the medical cannabis industry for the immediately preceding taxable year; etc.
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Testimony (0)
MGA witness listNo witness list on file. It is scraped after hearings are scheduled; check the MGA link above.