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2018 Regular Session



Maryland Small Business Retirement Savings Program - Revisions

Sponsored by:

Senator Peters


In the Senate - Second Reading Passed with Amendments

Synopsis:Altering the entities for which the State Department of Assessments and Taxation is required to waive a certain filing fee; designating the Maryland Small Business Retirement Savings Board as a body politic and corporate; authorizing the appointing authority, rather than the Governor, to remove a member of the Board; altering a requirement related to the preparation, adoption, and review of a written statement of investment policy; authorizing, rather than requiring, the Board to procure certain insurance; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Peters and Rosapepe
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2018
Budget and Taxation  View Committee Hearing
Broad Subject(s):Private Sector Labor and Industry
State Pensions and Retirement
Corporations and Associations
Narrow Subject(s):Assessments and Taxation, Department of
Committees and Commissions -see also- Political Committees
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Health Insurance -see also- HMOS; Managed Care Organizations
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Nonprofit Organizations
Records -see also- Land Records; Vital Records
Retirement Systems -see also- Mandatory Retirement
Small Business
Statutes:Article - Corporations and Associations
Article - Labor and Employment
(12-101, 12-201, 12-203, 12-204, 12-402)
Article - State Personnel and Pensions

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Explanation of Floor Motions and Actions

March 16, 2018 6:06 P.M.