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2026 Regular Session

HB1271

Reparations - Board, Fund, and Excise Tax on Endowments - Establishment

Establishing the Reparations Board to make certain examinations regarding reparations payments and make recommendations to the Governor and the General Assembly to provide grants to persons impacted by historic inequality; imposing an excise tax on nonpublic institutions that have an endowment of at least $2,000,000,000; requiring the revenue from the endowment excise tax to be deposited into the Maryland Reparations Fund to provide grants to persons impacted by historic inequality; etc.

Legislative progress

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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.

Introduced in House February 12, 2026

Committee referrals

Instrument history

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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.

  1. House Hearing 3/11 at 1:35 p.m. (Government, Labor, and Elections)
  2. House Hearing canceled (Government, Labor, and Elections)
  3. House Hearing 3/11 at 1:00 p.m. (Government, Labor, and Elections)
  4. House First Reading Government, Labor, and Elections and Ways and Means
Source provenance