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HB 811

Enacted
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Higher Education - Financial Well-Being Pilot Program - Establishment

Sponsor: Sarah Wolek (District 16)Committee: AppropriationsSubject: Higher EducationStatus: Approved by the Governor - Chapter 342 (as of Nov 13, 2024)

What this bill does

Official synopsis

Establishing the Financial Well-Being Pilot Program at the University of Maryland, College Park Campus and Morgan State University to provide comprehensive financial guidance and coaching to help students who may benefit from financial coaching services; requiring by August 1, 2024, each participating institution to hire one full-time financial well-being coach; requiring each financial well-being coach to create a document with best practices and guidance for other institutions to use to create a financial well-being program; etc.

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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.

Testimony (20)

MGA witness list
FAV 18FavorableFWA 2Favorable with amendments
PositionWitnessOrganizationTestimony
FAVMoore, TonaeyalobbyistCASH CAMPAIGN OF MARYLANDWritten (PDF)
FAVMoore, TonaeyalobbyistCASH CAMPAIGN OF MARYLANDOral + Written (PDF)
FAVRichards, EvanlobbyistMaryland Bankers AssociationWritten (PDF)
FAVRichards, EvanlobbyistMaryland Bankers AssociationWritten (PDF)
FAVSilver Canady, TisaMaryland Center for Collegiate Financial WellnessOral
FAVSilver Canady, TisaMaryland Center for Collegiate Financial WellnessWritten (PDF)
FAVMay, LisalobbyistMaryland REALTORSWritten (PDF)
FAVBrown, KeiaMiss Collegiate USA OrganizationWritten (PDF)
FAVBailey, LaylaWolek’s BillOral
FAVDelegate Wolek, Delegate WoleklegislatorIndividualOral
FAVDelegate Wolek, Delegate WoleklegislatorIndividualOral
FAVEscudero, OmarIndividualWritten (PDF)
FAVEscudero, OmarIndividualOral
FAVMaloo, AbhayIndividualWritten (PDF)
FAVMauer, WilliamIndividualPosition only
FAVMurray, RorylobbyistIndividualOral
FAVWolek, SarahIndividualOral
FAVWolek, SarahIndividualOral + Written (PDF)
FWAWilson, Dr. David K.Morgan State UniversityWritten (PDF)
FWAMcKee-Seabrook, MollyUMDWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVMoore, TonaeyaCASH CAMPAIGN OF MARYLANDRegistered for: CASH Campaign of Maryland
FAVMoore, TonaeyaCASH CAMPAIGN OF MARYLANDRegistered for: CASH Campaign of Maryland
FAVRichards, EvanMaryland Bankers AssociationRegistered for: Maryland Bankers Association
FAVRichards, EvanMaryland Bankers AssociationRegistered for: Maryland Bankers Association
FAVMay, LisaMaryland REALTORSRegistered for: Maryland REALTORS; Maryland Association of Realtors
FAVMurray, RoryRegistered for: Alliance to Prevent Legionnaire's Disease; American Council of Engineering Companies/MD; Association of Independent Maryland and D.C. Schools; Chesapeake Watershed Restoration Professionals; Kaiser Permanente; Lightstar Renewables