EMERGENCY BILL
File Code: Estates and Trusts
- Sponsored By:
-
Senators Kasemeyer and Frosh
- Entitled:
-
Maryland Uniform Prudent Management of Institutional Funds Act
Repealing provisions of law relating to the management of
institutional funds; establishing the Maryland Uniform Prudent
Management of Institutional Funds Act; establishing a standard of
conduct in managing and investing a specified institutional fund;
authorizing a specified institution, subject to an expressed intent of
a donor, to appropriate for expenditure or accumulate so much of an
endowment fund as the institution determines is prudent for specified
purposes; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 1/23
- First Reading Judicial Proceedings
- 1/27
- Hearing 2/11 at 1:00 p.m.
- 2/23
- Favorable with Amendments Report by Judicial Proceedings
- 2/24
- Favorable with Amendments
- Laid Over (Senator Della) Adopted
- 2/25
- Favorable with Amendments
- Committee Amendment Adopted
- Favorable with Amendments Report Adopted (42-3)
- Floor Amendment (Senator Kelley) Rejected (11-34)
- Floor Amendment (Senator Zirkin) Rejected (13-30)
- Special Order later today (Senator Kittleman) Adopted
- Floor Amendment (Senator Kittleman) Adopted
- Second Reading Passed with Amendments
- 2/27
- Third Reading Passed (42-3)
House Action
- 3/2
- First Reading Judiciary
- 3/18
- Hearing 4/1 at 1:00 p.m.
- 4/13
- Favorable with Amendments Report by Judiciary
- 4/10
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/11
- Third Reading Passed with Amendments (128-9)
Sponsored by:
- Senator Edward J. Kasemeyer, District 12
- Senator Brian E. Frosh, District 16
Bill indexed under the following Subjects:
- Administrative Agencies -see also- Electronic Government
- Agents and Brokers
- Attorney General
- Courts -see also- Circuit; Appeals; District; Orphans`; etc.
- Estates and Trusts
- Ethics
- Federal Government
- Gifts
- Investments -see also- Securities
- Liability -see also- Good Samaritan
- Nonprofit Organizations
- Notices
- Records -see also- Land Records; Vital Records
- Uniform Laws
Bill affects the following Statutes:
- Estates and Trusts
- (
15-401 ,
15-401 ,
15-402 ,
15-402 ,
15-403 ,
15-403 ,
15-404 ,
15-404 ,
15-405 ,
15-405 ,
15-406 ,
15-406 ,
15-407 ,
15-407 ,
15-408 ,
15-408 ,
15-409 ,
15-409 ,
15-410
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments (Displayed in PDF Format):
Senate
- Number: 393122/01 Offered on: February 25, 2009 at:
12:36 p.m. Status: Adopted
- Number: 398777/01 Offered on: February 25, 2009 at:
10:19 a.m. Status: Adopted
- Number: 753624/01 Offered on: February 25, 2009 at:
10:37 a.m. Status: Rejected
- Number: 863328/01 Offered on: February 25, 2009 at:
10:43 a.m. Status: Rejected
House
- Number: 122414/01 Offered on: April 13, 2009 at:
9:40 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
Senate
- February 25, 2009: Favorable with Amendments Adopted (42-3)
- February 25, 2009: Floor Amendment (Kelley) {753624/1 Rejected (11-34)
- February 25, 2009: Floor Amendment (Zirkin) {863328/1 Rejected (13-30)
- February 27, 2009: Third Reading Passed (42-3)
House
- April 11, 2009: Third Reading Passed (128-9)