EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
[Brackets] indicate matter deleted from existing law.
Underlining indicates amendments to bill.
Strike out indicates matter stricken from the bill by amendment or deleted from the law by
amendment.
*hb0228*
HOUSE BILL 228
P1 5lr0116
(PRE–FILED) CF SB 246
By: Chair, Appropriations Committee (By Request – Departmental – Military)
Requested: October 30, 2024
Introduced and read first time: January 8, 2025
Assigned to: Appropriations
Committee Report: Favorable
House action: Adopted
Read second time: February 27, 2025
CHAPTER ______
AN ACT concerning 1
Maryland Veterans Trust – Assistance to Members of the Maryland National 2
Guard 3
FOR the purpose of expanding the purposes of the Maryland Veterans Trust to include 4
providing monetary and other assistance to members of the Maryland National 5
Guard and their families; authorizing the Maryland Veterans Trust to expend money 6
from the Maryland Veterans Trust Fund to provide loans and grants to members of 7
the Maryland National Guard and their families; and generally relating to the 8
Maryland Veterans Trust. 9
BY repealing and reenacting, without amendments, 10
Article – State Government 11
Section 9–913(a) and (e) 12
Annotated Code of Maryland 13
(2021 Replacement Volume and 2024 Supplement) 14
BY repealing and reenacting, with amendments, 15
Article – State Government 16
Section 9–913(b) and 9–914.2(a)(3) 17
Annotated Code of Maryland 18
(2021 Replacement Volume and 2024 Supplement) 19
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 20
That the Laws of Maryland read as follows: 21 2 HOUSE BILL 228
Article – State Government 1
9–913. 2
(a) In this section, “Fund” means the Maryland Veterans Trust Fund. 3
(b) (1) There is a Maryland Veterans Trust established for the purpose of 4
providing monetary and other assistance to: 5
(i) veterans and their families; [and] 6
(ii) MEMBERS OF THE MARYLAND NATIONAL GUARD AND 7
THEIR FAMILIES; AND 8
(III) public and private programs that support veterans and their 9
families. 10
(2) There is a Maryland Veterans Trust Fund. 11
(e) Money in the Fund may only be used to: 12
(1) make grants and loans under § 9–914.2(a)(3) of this subtitle; 13
(2) be invested under § 9–914.3(b) of this subtitle; and 14
(3) pay the costs of administering the Fund through distribution to an 15
administrative cost account in the Department. 16
9–914.2. 17
(a) The Trust shall have the powers and duties to: 18
(3) expend money from the Fund to provide grants or loans to: 19
(i) veterans and their families; 20
(ii) MEMBERS OF THE MARYLAND NATIONAL GUARD AND 21
THEIR FAMILIES; 22
(III) public and private programs that support veterans and their 23
families; or 24
[(iii)] (IV) any other programs that the Trust considers to be within 25
the purpose for which the Trust is established; 26
HOUSE BILL 228 3
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 1
October 1, 2025. 2
Approved:
________________________________________________________________________________
Governor.
________________________________________________________________________________
Speaker of the House of Delegates.
________________________________________________________________________________
President of the Senate.