HB1271

Reparations - Board, Fund, and Excise Tax on Endowments - Establishment

Establishing the Reparations Board to make certain examinations regarding reparations payments and make recommendations to the Governor and the General Assembly to provide grants to persons impacted by historic inequality; imposing an excise tax on nonpublic institutions that have an endowment of at least $2,000,000,000; requiring the revenue from the endowment excise tax to be deposited into the Maryland Reparations Fund to provide grants to persons impacted by historic inequality; etc.

1 bill selected

Basic Information

Status
Chaptered
Session
2026 Regular Session
Type
Unknown
Cross-filed
False

Links

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Upcoming Events

Hearing
March 11, 2026 at 13:00
📍 Government, Labor, and Elections
Hearing - Government, Labor, and Elections Committee

Sponsors

Young
Acevero
Conaway
Ruff
Martinez
McCaskill