Reparations - Board, Fund, and Excise Tax on Endowments - Establishment
Hearing 3/11 at 1:35 p.m. (Government, Labor, and Elections) (House)
Summary
The bill sets up a Maryland Reparations Board that will study past discrimination and recommend grants to individuals affected by historic inequality. A new 4% excise tax on non‑public institutions whose endowments total at least $2 billion will fund a special, non‑lapsing Maryland Reparations Fund. The fund can award grants and cover up to 20% of its annual budget for board administration.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about HB 1271
3 free questions a day, no accountHearings
- Government, Labor, and Elections — Bill HearingGovernment, Labor, and Elections · Mar 11, 2026
History
- Hearing canceled (Government, Labor, and Elections)
- Hearing 3/11 at 1:35 p.m. (Government, Labor, and Elections)
- Hearing 3/11 at 1:00 p.m. (Government, Labor, and Elections)
- First Reading Government, Labor, and Elections and Ways and Means
Sponsors
- Ruff · sponsor
- Acevero
- Conaway
- Martinez
- McCaskill
- Young
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