State Government - Attorney General - Office of the Attorney General Enforcement Recovery Fund - Establishment
HB 705 establishes a special, nonlapsing fund within Maryland's Attorney General's Office to support consumer protection, antitrust, and securities enforcement activities. The fund receives up to 25% of penalties exceeding $100,000 from consumer protection cases (e.g., violations of commercial law or corporate regulations), capped at $7.5 million annually. Money in the fund can only cover direct enforcement costs like investigations, technology tools, staff training, and public education - not victim restitution or general operating expenses. The fund cannot replace regular state budget appropriations, and any balance over $7.5 million must be transferred to the state’s general fund by year-end.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 2, 2026
Last action Feb 20, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Feb 2, 2026
Committee
First Reading Government, Labor, and Elections
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Julian Ivey
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 705
Scope: MD
Hi! I can help you understand HB 705. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline