Md. Code Ann., Tax-Gen. § 2-605.1
Distribution to the Commission on Innovation and Excellence in Education Fund
Effective Jun 1, 2022Added by Acts 2018, c. 10, § 1, eff. June 1, 2018; Acts 2018, c. 361, § 1, eff. June 1, 2018. Amended by Acts 2019, c. 8, § 5; Acts 2019, c. 771, § 19, eff. June 1, 2019; Acts 2022, c. 33, § 1, eff. June 1, 2022.State of Maryland
- (a) After making the distributions required under §§ 2-604 and 2-605 of this subtitle, on or before June 30, 2019, the Comptroller shall distribute $200,000,000 of the income tax revenue from individuals to the Blueprint for Maryland's Future Fund established under § 5-206 of the Education Article.
- (b) After making the distributions required under §§ 2-604 and 2-605 of this subtitle, on or before June 30, 2023, the Comptroller shall distribute $800,000,000 of the income tax revenue from individuals to the Blueprint for Maryland's Future Fund established under § 5-206 of the Education Article.
Added by Acts 2018, c. 10, § 1, eff. June 1, 2018; Acts 2018, c. 361, § 1, eff. June 1, 2018. Amended by Acts 2019, c. 8, § 5; Acts 2019, c. 771, § 19, eff. June 1, 2019; Acts 2022, c. 33, § 1, eff. June 1, 2022.