MD SB498 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on March 22 2012 - 50% progression, died in committee
Action: 2012-03-28 - Hearing 4/4 at 2:30 p.m.
Pending: House Appropriations Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Clarifying how contribution rates for the employees' and teachers' retirement and pension systems are calculated to reflect legislative changes that result in a change to normal cost or accrued liabilities; repealing a requirement that the Board of Trustees for the State Retirement and Pension System certify a calculation of the difference between specified contributions resulting from specified legislative changes; altering the method for determining an amount to be included in the annual budget bill; etc.

Tracking Information

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Title

State Retirement and Pension System - Contribution Rates and Reinvestment of

Sponsors


Roll Calls

2012-03-22 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2012-03-28 Hearing 4/4 at 2:30 p.m.
2012-03-24 First Reading Appropriations
2012-03-22 Third Reading Passed (46-0)
2012-03-20 Second Reading Passed
2012-03-20 Favorable Report Adopted
2012-03-23 Favorable Report by Budget and Taxation
2012-02-21 Hearing 2/24 at 8:30 a.m.
2012-02-21 Hearing cancelled
2012-02-08 Hearing 2/23 at 8:30 a.m.
2012-02-02 First Reading Budget and Taxation

Subjects


Maryland State Sources


Bill Comments

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