MD SB958 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 26 2023 - 25% progression, died in chamber
Action: 2023-03-16 - Withdrawn by Sponsor
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 26 2023 - 25% progression, died in chamber
Action: 2023-03-16 - Withdrawn by Sponsor
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring the Investment Committee of the State Retirement Agency to use minority business enterprises to provide at least 20% of the brokerage and investment management services to the Board of Trustees for the State Retirement and Pension System and to manage at least 20% of the assets of the several systems.
Title
State Retirement and Pension System - Investment Committee - Use of Minority Business Enterprises
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-03-16 | Senate | Withdrawn by Sponsor |
| 2023-03-14 | Senate | Hearing canceled |
| 2023-03-14 | Senate | Hearing 3/15 at 3:00 p.m. |
| 2023-03-14 | Senate | Hearing canceled |
| 2023-03-09 | Senate | Hearing 3/15 at 1:00 p.m. |
| 2023-03-08 | Senate | Rereferred to Budget and Taxation |
| 2023-02-26 | Senate | First Reading Senate Rules |
Subjects
Committees and Commissions
Investments
Minority Business Enterprises
Reports
Retirement
State Employees
State Government - Pensions and Retirement
Investments
Minority Business Enterprises
Reports
Retirement
State Employees
State Government - Pensions and Retirement
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| State Personnel and Pensions | 21 | 116 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0958?ys=2023RS |
| Text | https://mgaleg.maryland.gov/2023RS/bills/sb/sb0958f.pdf |
