Maryland SB860 establishes the Aging Resilience Fund to support the Department of Aging's mission for seniors.
Maryland SB860 creates the Aging Resilience Fund, a special, non-lapsing fund to support the Department of Aging's mission. The fund consists of investment earnings, fees, and other accepted money. It can be used for administrative expenses, including personnel, partnership development, and programs for seniors. The State Treasurer invests the fund's money and credits any interest earnings to the fund. The Secretary of Aging administers the fund, which is not subject to certain state finance provisions.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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