Maryland Senate Bill 631 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 19 2016 - 100% progression
Action: 2016-05-19 - Approved by the Governor - Chapter 568
Text: Latest bill text (Chaptered) [PDF]

Authorizing the trustees or other officers in charge of specified facility closure reserve funds to invest and reinvest money in a specified manner and sell, redeem, or exchange specified investments or reinvestments; requiring the trustees or other officers in charge of the funds to comply with specified fiduciary standards; authorizing a political subdivision or unit of a political subdivision to enter into a specified agreement; altering the definition of "public money" as it relates to local government investment guidelines; etc.

Local Facility Closure Reserve Funds - Investments and Reinvestments

Sen. Stephen Hershey [R]

2016-04-03 - House - House Floor - Third Reading Passed (137-0) (Y: 137 N: 0 NV: 1 Abs: 3) [PASS]
2016-03-21 - Senate - Senate Floor - Third Reading Passed (45-0) (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]

Date	Chamber	Action
2016-05-19	Senate	Approved by the Governor - Chapter 568
2016-04-11	Senate	Returned Passed
2016-04-09	House	Third Reading Passed (137-0)
2016-04-08	House	Second Reading Passed
2016-04-08	House	Favorable Report Adopted
2016-04-08	House	Favorable Report by Appropriations
2016-04-05	House	Hearing 4/05 at 1:00 p.m.
2016-04-01	House	Hearing cancelled
2016-04-01	House	Hearing 4/01 at 1:00 p.m.
2016-03-21	House	First Reading Appropriations
2016-03-21	Senate	Third Reading Passed (45-0)
2016-03-18	Senate	Second Reading Passed
2016-03-18	Senate	Favorable Report Adopted
2016-03-18	Senate	Favorable Report by Budget and Taxation
2016-03-02	Senate	Hearing 3/02 at 3:00 p.m.
2016-02-17	Senate	Hearing cancelled
2016-03-02	Senate	Hearing 3/02 at 1:00 p.m.
2016-02-05	Senate	First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0631?ys=2016rs
Text	https://mgaleg.maryland.gov/2016RS/bills/sb/sb0631f.pdf
Text	https://mgaleg.maryland.gov/2016RS/bills/sb/sb0631t.pdf
Text	https://mgaleg.maryland.gov/2016RS/Chapters_noln/CH_568_sb0631t.pdf
Supplement	https://mgaleg.maryland.gov/2016RS/fnotes/bil_0001/sb0631.pdf
Supplement	https://mgaleg.maryland.gov/2016RS/votes_comm/sb0631_b&t.pdf
Supplement	https://mgaleg.maryland.gov/2016RS/votes_comm/sb0631_app.pdf
Roll Call	https://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0631,s-0663&stab=02&ys=2016RS
Roll Call	https://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0631,h-1233&stab=02&ys=2016RS