SENATE BILL 214

File Code: State Pensions and Retirement

Sponsored By:

Senator Hogan

Entitled:

Maryland Technology Investment Program

Synopsis:

Creating the Maryland Technology Investment Program; requiring the Board of Trustees of the State Retirement and Pension System, in consultation with the Maryland Technology Development Corporation, to establish and administer the Program; requiring the Board of Trustees to enter into a partnership agreement with a venture capital general partner; requiring that a venture capital general partner that contracts with the Board of Trustees seek investments in qualified technology and bioscience businesses, etc.

History by Legislative Date

Senate Action

1/28

First Reading Budget and Taxation

3/3

Hearing 3/16 at 1:00 p.m.

3/24

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

APPROPRIATIONS

COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES

INDUSTRY AND TECHNOLOGY

INVESTMENTS -see also- SECURITIES

REPORTS

RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT

RULES AND REGULATIONS

STATE EMPLOYEES

Bill affects the following Statutes:

State Personnel and Pensions

( 21-701 , 21-702 , 21-703 , 21-704 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered