Maryland Code, Education § 18-19C-02

(a)(1) The State Treasurer shall establish a Maryland ABLE Program that shall be subject to the provisions of § 529A of the Internal Revenue Code.

(2) It is the goal of the State that the Maryland ABLE Program be fully operational by October 1, 2017.

(1) Encourage and assist individuals and families in saving private funds to support individuals with disabilities to maintain health, independence, and quality of life; and

(2) Provide secure funding for disability-related expenses on behalf of designated beneficiaries with disabilities that will supplement, not supplant, benefits provided through private insurance, the Medicaid program under Title XIX of the Social Security Act, the Supplemental Security Income program under Title XVI of the Social Security Act, the beneficiary's employment, and any other source.

(c)(1) The State Treasurer shall administer, manage, and promote the Maryland ABLE Program.

(2) The State Treasurer shall administer the Maryland ABLE Program in compliance with Internal Revenue Service standards for qualified ABLE programs.

(3) The State Treasurer shall work in consultation with the Department of Disabilities to administer, manage, and promote the Maryland ABLE Program.

(4) The State Treasurer may collaborate and participate with other states or entities to administer, manage, and promote the Maryland ABLE Program, including participating with a consortium of states that are implementing ABLE programs in those states or as a consortium of states.

(1) Enrollment for participation in the Maryland ABLE Program and any other procedures that the State Treasurer considers necessary to carry out the provisions of this subtitle; and

(2) The establishment and operation of an ABLE account by a person other than a designated beneficiary as described in § 18-19C-04 of this subtitle.

(1) The beginning balance;

(2) Contributions to the account;

(3) Distributions from the account during the previous year; and

(4) Ending ABLE account value.