MD HB846 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Passed on April 25 2024 - 100% progression
Action: 2024-04-25 - Approved by the Governor - Chapter 143
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Unknown
Status: Passed on April 25 2024 - 100% progression
Action: 2024-04-25 - Approved by the Governor - Chapter 143
Text: Latest bill text (Engrossed) [PDF]
Summary
Requiring the Treasurer to consult with governmental entities prior to proposing certain regulations; repealing the limitations on investment in certain assets in which the Treasurer may invest or reinvest certain unexpended or surplus funds; authorizing the Treasurer to retain investments made prior to the effective date of the Act until the investments have reached their respective maturity dates; authorizing the Treasurer and governmental entities to invest or reinvest in certain surplus funds under certain circumstances.
Title
State Investment Portfolio and Local Government Investment Guidelines - Investment Standards
Sponsors
| No sponsor information available at this time. |
Roll Calls
2024-04-03 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2024-03-07 - House - Third Reading Passed (Y: 141 N: 0 NV: 0 Abs: 0) [PASS]
2024-03-07 - House - Third Reading Passed (Y: 141 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-25 | House | Approved by the Governor - Chapter 143 |
| 2024-04-04 | House | Returned Passed |
| 2024-04-03 | Senate | Third Reading Passed (47-0) |
| 2024-03-29 | Senate | Favorable Adopted Second Reading Passed |
| 2024-03-29 | Senate | Favorable Report by Budget and Taxation |
| 2024-03-08 | Senate | Referred Budget and Taxation |
| 2024-03-07 | House | Third Reading Passed (141-0) |
| 2024-03-05 | House | Second Reading Passed with Amendments |
| 2024-03-05 | House | Favorable with Amendments {393227/1 Adopted |
| 2024-03-04 | House | Favorable with Amendments Report by Appropriations |
| 2024-02-27 | House | Hearing 2/28 at 12:30 p.m. |
| 2024-02-27 | House | Hearing canceled |
| 2024-02-07 | House | Hearing 2/28 at 1:00 p.m. |
| 2024-01-31 | House | First Reading Appropriations |
Same As/Similar To
SB776 (Crossfiled) 2024-04-25 - Approved by the Governor - Chapter 144
Subjects
Emergency Bills
Investments
Notices
Procurement
Revenue and Taxes
Rules and Regulations
Safety
Standards and Best Practices
State Government - Agencies, Offices, and Officials
Treasurers
Investments
Notices
Procurement
Revenue and Taxes
Rules and Regulations
Safety
Standards and Best Practices
State Government - Agencies, Offices, and Officials
Treasurers
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Local Government | 17 | 204 | (n/a) | See Bill Text |
| State Finance and Procurement | 6 | 222 | (n/a) | See Bill Text |
