MD HB1089 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on February 8 2019 - 25% progression
Action: 2019-02-12 - Hearing 3/01 at 1:00 p.m. (Ways and Means)
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Maryland People's Fund - Establishment

Sponsors


History

DateChamberAction
2019-02-12HouseHearing 3/01 at 1:00 p.m. (Ways and Means)
2019-02-08HouseFirst Reading Ways and Means and Health and Government Operations

Subjects


Maryland State Sources


Bill Comments

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