MACo Supports Plan To Stabilize Maryland’s Disaster Recovery Fund
On March 4, Legislative Director Kevin Kinnally testified before the Budget and Taxation Committee in support of SB 690 - Property and Casualty Insurance - Distribution of Premium Tax Proceeds to State Disaster Recovery Fund. This bill establishes a modest, defined annual funding commitment to the State Disaster Recovery Fund (SDRF), ensuring Maryland can respond and deliver relief to residents and communities when federal disaster assistance proves unavailable or insufficient. Counties are often the first…