SB 615

Clarifying that a State contribution to a Maryland Senator Edward J. Kasemeyer College Investment Plan may be made to a limited number of accounts for each qualified beneficiary; limiting, for State contribution application periods after December 31, 2020, a qualified beneficiary from receiving more than two State contributions for each year the qualified beneficiary is eligible for the State contribution; authorizing the Maryland 529 Board to adopt certain regulations; and requiring a certain report to the General Assembly.

Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.