HB650: Maryland Fair and Agricultural Education Promise Fund - Establishment (Maryland Fair and Agricultural Education Promise Act)
Legislative Summary
Establishing the Maryland Fair and Agricultural Education Promise Fund as a special, nonlapsing fund to advance agricultural fairs and education in the State; requiring interest earnings of the Fund to be credited to the Fund; requiring a $1,450,000 of proceeds from the State lottery, before being allocated to the General Fund, to be allocated to the Fund; and repealing the requirement that a certain amount of annual proceeds from the State horse racing special fund be used to promote State agricultural fairs and education.
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Bill History
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