MD HB1364

Transfers administration of the Community Reinvestment and Repair Fund from the Comptroller to the Office of Social Equity, with the Executive Director overseeing fund appropriations and recipient training

Removes provisions requiring the Office to produce annual public reports on fund allocations and to solicit public input on fund uses every two years

Caps local government administrative costs at 15% of funds received annually and requires counties to hold funds separately from general revenue

Specifies eligible uses for fund money including behavioral health services, education programs, housing initiatives, job training, transportation improvements, and programs for incarceration-impacted families

Requires each county to develop a stakeholder-consulted distribution plan with public hearings, and submit annual reports to the Office by October 1 detailing funds received, recipient organizations, and administrative expenses