MD HB845 | 2010 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on February 10 2010 - 25% progression, died in chamber
Action: 2010-03-15 - Unfavorable Report by Appropriations
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2010 - 25% progression, died in chamber
Action: 2010-03-15 - Unfavorable Report by Appropriations
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring the Board of Trustees of the State Retirement and Pension System to invest over a 5-year period $50,000,000 of the assets of the several systems in venture capital funds focused on qualified information technology, green technology, medical device technology, or bioscience businesses; requiring venture capital funds focused on qualified information technology, green technology, medical device technology, or bioscience businesses to invest a specified amount of the assets of the several systems in State-based businesses; etc.
Title
State Retirement and Pension System - Investments - Qualified Information
Sponsors
| Sen. Brian Feldman [D] | Sen. Susan Lee [D] | Del. Warren Miller [R] | Del. Dan Morhaim [D] |
| Del. Craig Rice [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-03-15 | Unfavorable Report by Appropriations | |
| 2010-02-24 | Hearing 3/9 at 1:00 p.m. | |
| 2010-02-10 | First Reading Appropriations |
Subjects
Committees and Commissions
Industry and Technology
Investments
Medical Research
Reports
Retirement Systems
State Employees
Sunset
Industry and Technology
Investments
Medical Research
Reports
Retirement Systems
State Employees
Sunset
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2010rs/billfile/HB0845.htm |
| Text | http://mlis.state.md.us/2010rs/bills/hb/hb0845f.pdf |
