SB0982 (CH0459)

Find a 2016 Bill:

2016 Regular Session



State Retirement and Pension System - Private Equity and Venture Capital Investments

Sponsored by:

Senator Kasemeyer


Approved by the Governor - Chapter 459

Synopsis:Authorizing the Board of Trustees for the State Retirement and Pension System to enter into an agreement with the Maryland Technology Development Corporation or another entity to make and manage investments in private equity and venture capital in the State with specified additional funds; providing that an entity that provides specified services to the Board of Trustees in accordance with the Act shall be subject to specified standards of care and prohibited from taking specified actions under specified provisions of law; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Kasemeyer and Miller
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2016
Budget and Taxation  View Committee HearingAppropriations  View Committee Hearing
Broad Subject(s):State Pensions and Retirement
Economic and Community Development
Narrow Subject(s):Appropriations
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Committees and Commissions -see also- Political Committees
Contracts -see also- Land Installment Contracts; Procurement
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Higher Education -see also- Comm Colleges; Med Schools; etc.
Industry and Technology
Investments -see also- Securities
Liability -see also- Good Samaritan
Nonprofit Organizations
Retirement Systems -see also- Mandatory Retirement
State Universities and Colleges
Statutes:Article - State Personnel and Pensions

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October 24, 2017 5:11 P.M.