Human Services - Maryland Baby Bond Account Program - Establishment

HB 568 Human Services Maryland Baby Bond Account Program Establishment

Maryland 2021 Regular Session

Human Services - Maryland Baby Bond Account Program - Establishment
HB-568


About HB-568

Establishing the Maryland Baby Bond Account Program in the Office of the State Treasurer; establishing the Baby Bond Account Fund as a special, nonlapsing fund; specifying the purpose of the Fund is to provide money to eligible individuals to address wealth disparities in the State; establishing the Baby Bond Account Board; requiring the Governor to appropriate $70,000,000 to the Fund for fiscal year 2023; requiring the State Treasurer to establish and make certain deposits into certain accounts for eligible individuals; etc.

  

Bill Texts

Introduced 01/20/2021

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