MD SB860

Establishes the Aging Resilience Fund as a special, nonlapsing fund administered by the Secretary of Aging to support the Department of Aging's mission

Fund revenue sources include investment earnings, fees collected under the subtitle, and money from any other source accepted for the fund's benefit

Permits fund expenditures for administrative expenses aligned with the Department's mission, including personnel, partnership development, and departmental programs, services, or activities

Exempts the fund from the standard requirement that interest on special funds accrue to the General Fund, allowing interest earnings to remain credited to the Aging Resilience Fund

Effective date: July 1, 2026