Legislation
- Title
- Supplemental Retirement Plans - Investments - Procurement of Investment Management Services
- Sponsored by
- Chair, Appropriations Committee (By Request - Departmental - Teachers and State Employees Supplemental Retirement Plans)
- Status
- Approved by the Governor - Chapter 273
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring the Board of Trustees of the Maryland Teachers and State Employees Supplemental Retirement Plans to make arrangements for the safe custody of investments with one or more duly qualified custodian banks or trust companies; and exempting certain agreements with managers and custodians of assets in certain investment elections authorized under the statements of investment policy adopted by the Board from certain provisions of the procurement law.
Committees
- Original:
- Appropriations Click to view Recorded Media
Details
Bill File Type: Regular
Effective Date(s): July 1, 2019
By Request of the Governor
History
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File Code
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Subjects
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Statutes
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(
35-302 )
Last Updated: 2/3/2020 2:30 PM