Legislation

Title: Higher Education - University System of Maryland - Quasi-Endowment Funds
Sponsored by: Senators King, Benson, Currie, Feldman, Ferguson, Kagan, Kelley, Manno, Peters, Rosapepe, Smith, Young, and Zucker
Status: Approved by the Governor - Chapter 742
Analysis: Fiscal and Policy Note

Synopsis

Authorizing the Board of Regents of the University System of Maryland to make a one-time transfer of no more than $50,000,000 from the State-supported fund balance to a quasi-endowment fund; and limiting the use of specified proceeds for facility renewal projects relating only to capital facilities used for State-supported activities.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Appropriations Click to view Recorded Media

Details

Cross-filed with: HB0437

Introduced in a prior session as: SB0583 Session: 2016 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2017

History

Legislation History
Chamber Senate Calendar Date 1/19/2017 Legislative Date 1/19/2017 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Higher Education - University System of Maryland - Quasi-Endowment Funds Proceedings
Chamber Senate Calendar Date 1/25/2017 Legislative Date 1/25/2017 Action Hearing 2/08 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2017 Legislative Date 3/17/2017 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/17/2017 Legislative Date 3/17/2017 Action Favorable Adopted Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2017 Legislative Date 3/17/2017 Action Second Reading Passed Proceedings 46 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Higher Education - University System of Maryland - Quasi-Endowment Funds Proceedings
Chamber Senate Calendar Date 3/20/2017 Legislative Date 3/18/2017 Action Third Reading Passed (47-0) Proceedings 47 Click to view Recorded Media
Chamber House Calendar Date 3/21/2017 Legislative Date 3/18/2017 Action Referred Appropriations Proceedings 52 Click to view Recorded Media
Chamber House Calendar Date 3/22/2017 Legislative Date 3/22/2017 Action Hearing 3/28 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Appropriations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/31/2017 Legislative Date 3/31/2017 Action Favorable Report by Appropriations Proceedings
Chamber House Calendar Date 3/31/2017 Legislative Date 3/27/2017 Action Favorable Adopted Second Reading Passed Proceedings 61 Click to view Recorded Media
Chamber House Calendar Date 4/04/2017 Legislative Date 3/28/2017 Action Third Reading Passed (139-0) Proceedings 62 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2017 Legislative Date 3/30/2017 Action Returned Passed Proceedings 59 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/25/2017 Legislative Date 5/25/2017 Action Approved by the Governor - Chapter 742 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Higher Education - University System of Maryland - Quasi-Endowment Funds Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/19/2017	1/19/2017	First Reading Budget and Taxation
			Text - First - Higher Education - University System of Maryland - Quasi-Endowment Funds
Senate	1/25/2017	1/25/2017	Hearing 2/08 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/17/2017	3/17/2017	Favorable Report by Budget and Taxation
Senate	3/17/2017	3/17/2017	Favorable Adopted	46 Click to view Recorded Media
Senate	3/17/2017	3/17/2017	Second Reading Passed	46 Click to view Recorded Media
			Text - Third - Higher Education - University System of Maryland - Quasi-Endowment Funds
Senate	3/20/2017	3/18/2017	Third Reading Passed (47-0)	47 Click to view Recorded Media
House	3/21/2017	3/18/2017	Referred Appropriations	52 Click to view Recorded Media
House	3/22/2017	3/22/2017	Hearing 3/28 at 1:00 p.m.
			Vote - House - Committee - Appropriations	Click to view Recorded Media
House	3/31/2017	3/31/2017	Favorable Report by Appropriations
House	3/31/2017	3/27/2017	Favorable Adopted Second Reading Passed	61 Click to view Recorded Media
House	4/04/2017	3/28/2017	Third Reading Passed (139-0)	62 Click to view Recorded Media
Senate	4/05/2017	3/30/2017	Returned Passed	59 Click to view Recorded Media
Post Passage	5/25/2017	5/25/2017	Approved by the Governor - Chapter 742
			Text - Chapter - Higher Education - University System of Maryland - Quasi-Endowment Funds

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Statutes