Legislation
- Title
- University System of Maryland – Board of Regents and Quasi–Endowment Funds
- Sponsored by
- Senators Smith and Miller
- Status
- Approved by the Governor - Chapter 393
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Providing that the unexpired or partial term of a member of the Board of Regents of the University System of Maryland appointed to fill a vacancy does not qualify as a full term for the purposes of the prohibition against a member serving more than 2 consecutive full terms; authorizing the Board of Regents to make a one-time transfer of up to $25,000,000 from the non-State supported fund balance to a quasi-endowment fund; limiting the use of certain proceeds to certain purposes; and providing for the application of certain provisions.
Committees
- Opposite:
- Appropriations Click to view Recorded Media
Details
History
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File Code
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Subjects
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Statutes
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(
12-102, 12-104 )
Last Updated: 2/3/2020 2:35 PM