SENATE BILL 463

Sponsored By:

Chair, Anne Arundel County Senators

Entitled:

Local Government Self-Insurance Funds - Exclusion from Investment Guidelines

Synopsis:

Altering the definition of "public funds", as it relates to local government investment guidelines, to exclude funds held by specified local governments for self-insurance purposes.

History by Legislative and Calendar Date

Senate Action

2/2

First Reading Budget and Taxation

2/8

Hearing 3/7 at 1:00 p.m.

3/23

Favorable Report by Budget and Taxation

3/20

Favorable Report Adopted

Second Reading Passed

3/22

Third Reading Passed (46-0)

4/2

Returned Passed

House Action

3/24

First Reading Appropriations

3/28

Hearing 4/3 at 1:00 p.m.

4/6

Favorable Report by Appropriations

4/1

Favorable Report Adopted

Second Reading Passed

4/2

Third Reading Passed (129-0)

Action after passage in Senate and House

5/22

Approved by the Governor

- Chapter 515

Bill indexed under the following Subjects:

Counties -see also- Chartered Counties; Code Counties

Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins

Investments -see also- Securities

Municipal Corporations -see also- Annap; Balt; Hager; OC

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Bill affects the following Statutes:

Article - 95 Treasurer

( 22F , 22F )

Documents

Bill Text: First Reading, Third Reading, Enrolled, Chapter

Fiscal and Policy Note: Available

Amendments: None offered

Committee Votes :

Senate

Budget and Taxation

House

Appropriations

Roll Call Votes (Legislative dates are shown):

Senate

March 22, 2012: Third Reading Passed (46-0)

House

April 2, 2012: Third Reading Passed (129-0)