Legislation

Title: State Retirement and Pension System - Private Equity and Venture Capital Investments
Sponsored by: Senators Kasemeyer and Miller
Status: Approved by the Governor - Chapter 459
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Authorizing the Board of Trustees for the State Retirement and Pension System to enter into an agreement with the Maryland Technology Development Corporation or another entity to make and manage investments in private equity and venture capital in the State with specified additional funds; providing that an entity that provides specified services to the Board of Trustees in accordance with the Act shall be subject to specified standards of care and prohibited from taking specified actions under specified provisions of law; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Appropriations Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber Senate Calendar Date 2/11/2016 Legislative Date 2/12/2016 Action First Reading Senate Rules Proceedings
Chamber Senate Calendar Date 2/18/2016 Legislative Date 2/19/2016 Action Rereferred to Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/24/2016 Legislative Date 2/24/2016 Action Hearing 3/10 at 8:00 a.m. Proceedings
Chamber Senate Calendar Date 3/09/2016 Legislative Date 3/09/2016 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 3/09/2016 Legislative Date 3/09/2016 Action Hearing 3/10 at 8:30 a.m. Proceedings
Chamber Senate Calendar Date 3/17/2016 Legislative Date 3/18/2016 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/18/2016 Legislative Date 3/18/2016 Action Favorable with Amendments {349637/1 Report Adopted Proceedings 47
Chamber Senate Calendar Date 3/18/2016 Legislative Date 3/18/2016 Action Second Reading Passed with Amendments Proceedings 47
Chamber Senate Calendar Date 3/21/2016 Legislative Date 3/19/2016 Action Third Reading Passed (45-0) Proceedings 48
Chamber House Calendar Date 3/21/2016 Legislative Date 3/19/2016 Action First Reading Appropriations Proceedings 51
Chamber House Calendar Date 3/23/2016 Legislative Date 3/23/2016 Action Hearing 3/29 at 1:00 p.m. Proceedings
Chamber House Calendar Date 4/04/2016 Legislative Date 4/05/2016 Action Favorable Report by Appropriations Proceedings
Chamber House Calendar Date 4/05/2016 Legislative Date 3/29/2016 Action Favorable Report Adopted Proceedings 61
Chamber House Calendar Date 4/05/2016 Legislative Date 3/29/2016 Action Second Reading Passed Proceedings 61
Chamber House Calendar Date 4/06/2016 Legislative Date 3/30/2016 Action Floor Amendment (Delegate McConkey) {863723/1 Rejected (48-87) Proceedings 62
Chamber House Calendar Date 4/06/2016 Legislative Date 3/30/2016 Action Floor Amendment (Delegate B. Barnes) {843227/1 Adopted Proceedings 62
Chamber House Calendar Date 4/06/2016 Legislative Date 3/30/2016 Action Third Reading Passed with Amendments (93-45) Proceedings 62
Chamber Senate Calendar Date 4/07/2016 Legislative Date 4/01/2016 Action Senate Concur - House Amendments Proceedings 61
Chamber Senate Calendar Date 4/07/2016 Legislative Date 4/01/2016 Action Third Reading Passed (45-0) Proceedings 61
Chamber Senate Calendar Date 4/07/2016 Legislative Date 4/01/2016 Action Passed Enrolled Proceedings 61
Chamber Post Passage Calendar Date 5/10/2016 Legislative Date 5/10/2016 Action Approved by the Governor - Chapter 459 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/11/2016	2/12/2016	First Reading Senate Rules
Senate	2/18/2016	2/19/2016	Rereferred to Budget and Taxation
Senate	2/24/2016	2/24/2016	Hearing 3/10 at 8:00 a.m.
Senate	3/09/2016	3/09/2016	Hearing cancelled
Senate	3/09/2016	3/09/2016	Hearing 3/10 at 8:30 a.m.
Senate	3/17/2016	3/18/2016	Favorable with Amendments Report by Budget and Taxation
Senate	3/18/2016	3/18/2016	Favorable with Amendments {349637/1 Report Adopted	47
Senate	3/18/2016	3/18/2016	Second Reading Passed with Amendments	47
Senate	3/21/2016	3/19/2016	Third Reading Passed (45-0)	48
House	3/21/2016	3/19/2016	First Reading Appropriations	51
House	3/23/2016	3/23/2016	Hearing 3/29 at 1:00 p.m.
House	4/04/2016	4/05/2016	Favorable Report by Appropriations
House	4/05/2016	3/29/2016	Favorable Report Adopted	61
House	4/05/2016	3/29/2016	Second Reading Passed	61
House	4/06/2016	3/30/2016	Floor Amendment (Delegate McConkey) {863723/1 Rejected (48-87)	62
House	4/06/2016	3/30/2016	Floor Amendment (Delegate B. Barnes) {843227/1 Adopted	62
House	4/06/2016	3/30/2016	Third Reading Passed with Amendments (93-45)	62
Senate	4/07/2016	4/01/2016	Senate Concur - House Amendments	61
Senate	4/07/2016	4/01/2016	Third Reading Passed (45-0)	61
Senate	4/07/2016	4/01/2016	Passed Enrolled	61
Post Passage	5/10/2016	5/10/2016	Approved by the Governor - Chapter 459

Documents

Date Posted	Document Name
3/18/2016	Amendments Senate - (Budget and Taxation) {349637/01 Adopted
4/06/2016	Amendments House - (Delegate Barnes, B.) {843227/01 Adopted
4/06/2016	Amendments House - (Delegate McConkey) {863723/01 Rejected
2/12/2016	Text - First - Maryland Private Equity and Venture Capital Authority
3/19/2016	Text - Third - State Retirement and Pension System - Private Equity and Venture Capital Investments
4/12/2016	Text - Enrolled - State Retirement and Pension System - Private Equity and Venture Capital Investments
5/20/2016	Text - Chapter - State Retirement and Pension System - Private Equity and Venture Capital Investments
3/18/2016	Vote - Senate - Committee - Budget and Taxation
4/04/2016	Vote - House - Committee - Appropriations
3/21/2016	Vote - Senate Floor - Third Reading Passed (45-0) - 03/21/16
4/01/2016	Vote - Senate Floor - Third Reading Passed (45-0) - 04/01/16
3/30/2016	Vote - House Floor - Floor Amendment (McConkey) {863723/1 Rejected (48-87) - 03/30/16
3/30/2016	Vote - House Floor - Third Reading Passed with Amendments (93-45) - 03/30/16

File Code

Subjects

Statutes