Maryland 2024 Regular Session

Maryland Senate Bill SB1012

Introduced
2/2/24  

Caption

Veterans Affairs – Disabled Veterans Guaranteed Basic Income

Impact

The implementation of this bill is expected to significantly impact state laws regarding veterans' benefits. It will define eligibility criteria for the program, stipulating that only veterans with certain service-connected disabilities can qualify for the monthly financial support of $200. This move is set to formalize state-level support for veterans whose disabilities impact their ability to gain or maintain employment, thereby reflecting a shift towards more proactive financial assistance for an often underserved population.

Summary

Senate Bill 1012, titled the 'Veterans Affairs – Disabled Veterans Guaranteed Basic Income,' is a legislative act aimed at establishing a financial support program specifically for disabled veterans. The bill proposes the creation of the Disabled Veterans Guaranteed Basic Income Program and the associated Disabled Veterans Guaranteed Basic Income Fund. This fund will be a nonlapsing fund, provided with annual appropriations from the state's budget, presumably sourced from the State Lottery Fund or proceeds from video lottery terminal operations. The bill highlights a commitment to ensure that disabled veterans receive consistent financial support, promoting their well-being and stability in civilian life.

Contention

Discussion around SB1012 may arise concerning the funding mechanism of the Guaranteed Basic Income Fund, particularly regarding its reliance on lottery proceeds. Critics could argue that basing veteran support on gaming funds could lead to fluctuations in available resources, contingent upon the gambling revenues, which may vary year to year. Supporters, however, may assert that this funding model aligns with current public revenue streams and emphasizes the state's obligation to support its veterans through diverse financial avenues.

Companion Bills

No companion bills found.

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