Bill No. SB615

Summary
Status
Sponsors
Texts
Votes
Amendments
Supplements
History
Summary

Bill ID

1326068

State

MD

Title

Maryland Senator Edward J. Kasemeyer College Investment Plan - State Contributions - Alterations

Description

PFPS Summary: Maryland's SB615 would allow contributions to up two 529 plan accounts for each qualified beneficiary. The bill would further require the Maryland 529 Board to submit a report to the General Assembly on the costs, structure, and tax benefits for a potential separate 529 plan for K-12 expenses.

Bill Type

Bill

Category

529 Accounts, New Program

Session

2020 Regular Session

Special Session

No Data Available

Status

Current Status

Engrossed

Status Last Updated

2020-03-12

Pending Committee

Calendar

Hearing
2020-02-26
13:00
Senate Education, Health, and Environmental Affairs Hearing

Sponsors

Sponsors

D
Sen
Katherine Klausmeier
SD-008
1
0
D
Sen
Craig Zucker
SD-014
2
0

Texts

Texts

2020-02-05
Introduced
application/pdf
https://legiscan.com/MD/text/SB615/id/2122199
2020-03-10
Engrossed
application/pdf
https://legiscan.com/MD/text/SB615/id/2166809

Votes

Votes

2020-03-12
47
0
0
47
1
S

Amendments

Amendments

0
S
2020-03-09
Favorable with Amendments 894231/1
Favorable with Amendments 894231/1
1
S
2020-03-10
Floor Amendment 723223/1 (Senator Lam) Adopted
Floor Amendment 723223/1 (Senator Lam) Adopted

Supplements

Supplements

0000-00-00
Vote Image
Vote - Senate - Committee - Education, Health, and Environmental Affairs
Vote Image

History

Progress

2020-02-03
Introduced
2020-02-03
Refer
2020-03-06
Report Pass
2020-03-12
Engrossed
2020-03-12
Refer

History

2020-02-03
First Reading Education, Health, and Environmental Affairs
S
2020-02-05
Hearing 2/26 at 1:00 p.m.
S
2020-03-06
Favorable with Amendments Report by Education, Health, and Environmental Affairs
S
2020-03-09
Favorable with Amendments {894231/1
S
2020-03-09
Motion Laid Over (Senator Guzzone) Adopted
S
2020-03-10
Favorable with Amendments {894231/1 Adopted
S
2020-03-10
Floor Amendment {723223/1 (Senator Lam) Adopted
S
2020-03-10
Second Reading Passed with Amendments
S
2020-03-12
Third Reading Passed (47-0)
S
2020-03-12
Referred Appropriations
H

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