1997 Regular Session

HOUSE BILL 492

CHAPTER NUMBER: 111 File Code: Higher Education Crossfiled with: SENATE BILL 232
Sponsored By:
The Speaker (Administration) and Delegates Mossburg, Shriver, Heller, Conway, Fry, Workman, Baldwin, Dembrow, Kopp, Rawlings, Marriott, Cadden, McIntosh, Rudolph, Slade, Holt, Willis, Proctor, and Palumbo
Entitled:
Higher Education - Maryland Higher Education Investment Program

Synopsis:

Creating the Maryland Higher Education Investment Program to allow for prepayment of tuition at institutions of higher education in the State; establishing a Maryland Higher Education Investment Program Board; requiring the Board to adopt an investment plan; establishing fiduciary responsibilities of the Board; requiring the Board to purchase specified bonds for fiduciaries and to provide disclosure that a contract is not a marketing guarantee; providing for review of the Program's budget and staff; etc.

Legislative History

House Action
1/27
First Reading Ways and Means
1/29
Re-assigned Appropriations
2/5
Hearing 2/13 at 11:00 a.m.
3/19
Favorable with Amendments Report by Appropriations
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Motion vote previous question (Delegate Stup) Adopted
Third Reading Passed (125-13)
3/31
House Concur - Senate Amendments
Third Reading Passed (131-8)
Passed Enrolled
4/29
Signed by the Governor Chapter 111
Senate Action
3/24
First Reading Budget and Taxation & Economic and Environmental Affairs
3/26
Hearing 3/28 at 1:00 p.m.
4/4
Favorable with Amendments Report by Budget and Taxation
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
Motion 2rdgs same day Const/Rule 24 (Senator Kasemeyer) Adopted
Third Reading Passed with Amendments (47-0)
Sponsored by:
Speaker of the House of Delegates
Administration
Delegate Robert C. Baldwin, District 33
Delegate Joan Cadden, District 31
Delegate Norman H. Conway, District 38
Delegate Dana Lee Dembrow, District 20
Delegate Donald C. Fry, District 35A
Delegate Henry B. Heller, District 19
Delegate Kenneth C. Holt, District 6
Delegate Nancy K. Kopp, District 16
Delegate Salima Siler Marriott, District 40
Delegate Maggie L. McIntosh, District 42
Delegate Mathew Mossburg, District 39
Delegate Richard A. Palumbo, District 22A
Delegate James E. Proctor, Jr., District 27A
Delegate Howard P. Rawlings, District 40
Delegate David D. Rudolph, District 35B
Delegate Mark K. Shriver, District 15
Delegate John F. Slade, III, District 29B
Delegate Ellen L. Willis, District 5
Delegate Betty Workman, District 1B
Bill indexed under the following Subjects:
ATTACHMENTS AND GARNISHMENTS
AUDITORS AND AUDITS
BUDGETS
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
COMMUNITY COLLEGES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
DISCLOSURE
FIDUCIARIES
HIGHER EDUCATION -see also- STATE UNIVERSITIES AND COLLEGES.
INVESTMENTS
PRIVACY
PUBLIC EMPLOYEES -see also- STATE EMPLOYEES
RECORDS -see also- RCDNGS; LAND RCDS; VITAL RCDS; CRIM BKGD.
REPORTS -see also- RECORDS
RULES AND REGULATIONS
STATE EMPLOYEES
STATE UNIVERSITIES AND COLLEGES
TUITION
Bill affects the following Statutes:
Education
( 11-105 , 18-1901 , 18-1902 , 18-1903 , 18-1904 , 18-1905 , 18-1906 , 18-1907 , 18-1908 , 18-1909 , 18-1910 , 18-1911 , 18-1912 , 18-1913 , 18-1914 , 18-1915 , 18-1916 )
State Government
( 10-616 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)

Amendments:
House
Number: 884938/1 (PDF) Offered on: MARCH 19, 1997 at: 10:15 Status: Adopted
Senate
Number: 889905/1 (PDF) Offered on: APRIL 4, 1997 at: 11:55 Status: Adopted