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HB 898

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Maryland People's Fund - Establishment

Sponsor: Gabriel Acevero (District 39)Committee: AppropriationsSubject: State Government - Agencies, Offices, and OfficialsStatus: Hearing 3/05 at 12:30 p.m. (as of Nov 13, 2024)

What this bill does

Official synopsis

Establishing the Maryland People's Fund as a special, nonlapsing fund; requiring the interest earnings of the Fund to be credited to the Fund; and requiring the Comptroller to distribute to the Fund 25% of the Maryland estate tax.

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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 (7)

MGA witness list
FAV 2FavorableFWA 2Favorable with amendmentsUNF 3Unfavorable
PositionWitnessOrganizationTestimony
FAVSWASC, UMSocial Work Advocates for Social ChangeWritten (PDF)
FAVDelegate Acevero, Delegate AceverolegislatorIndividualOral
UNFMeyerovich, MarkIndividualPosition only
UNFRaine, JamesIndividualPosition only
UNFmcavoy, vinceIndividualPosition only
FWAMadaio, MichelleHomeless Persons Representation ProjectWritten (PDF)
FWASchumitz, KalilobbyistMaryland Center on Economic PolicyWritten (PDF)

Organizations on record

Registered lobbyists who testified

FWASchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy