Health and Taxation - Digital Social Media Services and the Mental Health Care Fund for Children and Youth

HB 468 establishes a new "Mental Health Care Fund for Children and Youth" in Maryland, funded by a tax on digital social media companies' annual revenues within the state. The bill imposes a tax on qualifying digital social media services (e.g., platforms generating revenue from Maryland users) and directs all collected revenue into this dedicated, non-lapsing fund. The fund must be used exclusively to improve access to mental health care services for children and youth, supplementing existing state funding without replacing it. The Comptroller will distribute the tax revenue to the fund, which the Secretary will administer per the new provisions in the Health and Tax codes.