MD HB1254 | 2020 | Regular Session

Status

Spectrum: Slight Partisan Bill (Democrat 6-2)
Status: Introduced on February 7 2020 - 25% progression
Action: 2020-02-10 - Hearing 3/10 at 1:00 p.m.
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Altering a requirement that the Board of Trustees for the State Retirement and Pension System provide a quarterly estimate of certain external investment management services; prohibiting the Board of Trustees from incurring fees for external investment management services that exceed 0.2% of the market value of invested assets as of the last day of the preceding fiscal year; exempting from the prohibition certain fees incurred under a contract entered into on or before June 30, 2020; etc.

Tracking Information

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Title

State Retirement and Pension System - Investment Management Fees

Sponsors


History

DateChamberAction
2020-02-10HouseHearing 3/10 at 1:00 p.m.
2020-02-07HouseFirst Reading Appropriations

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
State Personnel and Pensions21123(n/a)See Bill Text
State Personnel and Pensions21315(n/a)See Bill Text

Maryland State Sources


Bill Comments

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