Legislation

Title: Higher Education - University System of Maryland - Quasi-Endowment Funds
Sponsored by: Senators King, Currie, DeGrange, Ferguson, Guzzone, Manno, McFadden, and Peters
Status: In the House - Hearing 3/29 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Authorizing the Board of Regents of the University System of Maryland to make a one-time transfer of no more than $50,000,000 from the State-supported fund balance to a quasi-endowment fund; and limiting the use of specified proceeds to specified purposes.

Committees

Original:: Budget and Taxation

Opposite:: Appropriations

Details

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber Senate Calendar Date 2/03/2016 Legislative Date 2/04/2016 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/05/2016 Legislative Date 2/05/2016 Action Hearing 3/02 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/17/2016 Legislative Date 2/17/2016 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 2/17/2016 Legislative Date 2/17/2016 Action Hearing 3/02 at 3:00 p.m. Proceedings
Chamber Senate Calendar Date 3/16/2016 Legislative Date 3/17/2016 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/17/2016 Legislative Date 3/17/2016 Action Favorable Report Adopted Proceedings 46
Chamber Senate Calendar Date 3/17/2016 Legislative Date 3/17/2016 Action Second Reading Passed Proceedings 46
Chamber Senate Calendar Date 3/18/2016 Legislative Date 3/18/2016 Action Third Reading Passed (46-0) Proceedings 47
Chamber House Calendar Date 3/21/2016 Legislative Date 3/18/2016 Action First Reading Appropriations Proceedings 50
Chamber House Calendar Date 3/23/2016 Legislative Date 3/23/2016 Action Hearing 3/29 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/03/2016	2/04/2016	First Reading Budget and Taxation
Senate	2/05/2016	2/05/2016	Hearing 3/02 at 1:00 p.m.
Senate	2/17/2016	2/17/2016	Hearing cancelled
Senate	2/17/2016	2/17/2016	Hearing 3/02 at 3:00 p.m.
Senate	3/16/2016	3/17/2016	Favorable Report by Budget and Taxation
Senate	3/17/2016	3/17/2016	Favorable Report Adopted	46
Senate	3/17/2016	3/17/2016	Second Reading Passed	46
Senate	3/18/2016	3/18/2016	Third Reading Passed (46-0)	47
House	3/21/2016	3/18/2016	First Reading Appropriations	50
House	3/23/2016	3/23/2016	Hearing 3/29 at 1:00 p.m.

Documents

Date Posted	Document Name
2/04/2016	Text - First - Higher Education - University System of Maryland - Quasi-Endowment Funds
3/17/2016	Text - Third - Higher Education - University System of Maryland - Quasi-Endowment Funds
3/16/2016	Vote - Senate - Committee - Budget and Taxation
3/18/2016	Vote - Senate Floor - Third Reading Passed (46-0) - 03/18/16

File Code

Subjects

Statutes