MD HB397 | 2023 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on April 24 2023 - 100% progression
Action: 2023-04-24 - Approved by the Governor - Chapter 115
Text: Latest bill text (Chaptered) [PDF]
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on April 24 2023 - 100% progression
Action: 2023-04-24 - Approved by the Governor - Chapter 115
Text: Latest bill text (Chaptered) [PDF]
Summary
Repealing the limitations on investment in certain commercial paper in which the Treasurer may invest or reinvest certain unexpended or surplus funds; requiring the Treasurer to adopt regulations to establish a State investment policy with certain thresholds; and requiring the Treasurer to notify certain officials and governing bodies of certain local governmental units about the provisions of the Act.
Title
State Investment Portfolio - Investment Thresholds - Alterations
Sponsors
Roll Calls
2023-04-05 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2023-03-03 - House - Third Reading Passed (Y: 133 N: 0 NV: 0 Abs: 7) [PASS]
2023-03-03 - House - Third Reading Passed (Y: 133 N: 0 NV: 0 Abs: 7) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-04-24 | House | Approved by the Governor - Chapter 115 |
| 2023-04-05 | House | Returned Passed |
| 2023-04-05 | Senate | Third Reading Passed (46-0) |
| 2023-04-03 | Senate | Favorable Adopted Second Reading Passed |
| 2023-04-03 | Senate | Favorable Report by Budget and Taxation |
| 2023-03-06 | Senate | Referred Budget and Taxation |
| 2023-03-03 | House | Third Reading Passed (133-0) |
| 2023-03-01 | House | Second Reading Passed |
| 2023-02-28 | House | Motion Special Order until 3/1 (Delegate M. Morgan) Adopted |
| 2023-02-28 | House | Favorable Adopted |
| 2023-02-27 | House | Favorable Report by Appropriations |
| 2023-01-26 | House | Hearing 2/07 at 1:00 p.m. |
| 2023-01-26 | House | First Reading Appropriations |
Same As/Similar To
SB153 (Crossfiled) 2023-04-24 - Approved by the Governor - Chapter 116
Subjects
Investments
Notices
Public Officials
Reports
Rules and Regulations
State Government - Agencies, Offices, and Officials
Treasurers
Notices
Public Officials
Reports
Rules and Regulations
State Government - Agencies, Offices, and Officials
Treasurers
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| State Finance and Procurement | 6 | 222 | (n/a) | See Bill Text |
