summary
Introduced
02/04/2026
02/04/2026
In Committee
02/04/2026
02/04/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Establishing the Aging Resilience Fund as a special, nonlapsing fund; requiring the Fund to be used to carry out the mission of the Department of Aging including personnel, partnership development, and any programs, services, or activities within the Department; and requiring interest earnings of the Fund to be credited to the Fund.
AI Summary
This bill establishes the Aging Resilience Fund, a special, nonlapsing fund managed by the Secretary of Aging, to support the Department of Aging's mission, which includes personnel, developing partnerships, and funding various programs and services for seniors. The fund will be comprised of investment earnings, fees collected under the subtitle, and any other accepted contributions, with its interest earnings automatically credited back to the fund. Importantly, this bill also amends the State Finance and Procurement Article to exempt the Aging Resilience Fund from a general provision that directs most interest earned on state money in special funds to the State's General Fund, ensuring that all earnings benefit the Aging Resilience Fund. This Act is set to take effect on July 1, 2026.
Committee Categories
Health and Social Services
Sponsors (1)
Last Action
Hearing 2/19 at 1:30 p.m. (on 02/19/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0804?ys=2026RS |
| BillText | https://mgaleg.maryland.gov/2026RS/bills/hb/hb0804f.pdf |
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