Maryland Helping Everyone Afford Life-Saving Treatments and Health Care (HEALTH) Fund - Establishment

HB 1531 establishes the Maryland HEALTH Fund to help individuals cover costs for legally protected health care services under state law, especially where federal restrictions apply. The fund is financed by redirecting $20 million annually from abandoned property sales proceeds (starting fiscal year 2027), plus new premium taxes and portions of sales/use and property tax revenues. It directly assists Maryland residents needing life-saving treatments who face coverage gaps due to federal limitations. The bill creates a dedicated, nonlapsing fund to ensure consistent funding for these health care costs.