MD SB894

Transfers administration of the Community Reinvestment and Repair Fund from the Comptroller to the Office of Social Equity's Executive Director, who will oversee fund appropriations and train fund recipients

Increases the cap on local government administrative costs from 5% to 15% of funds received in each fiscal year

Requires each county to develop a distribution plan for community-based organizations, including stakeholder consultation and a public hearing before finalizing the plan

Mandates annual county reporting to the Office by October 1 (beginning 2026) on funds received, organizations funded, selection methods used, and administrative expenses

Specifies eligible fund uses including behavioral health crisis response, education and after-school programs, housing and homelessness prevention, job training, and programs benefiting individuals impacted by incarceration