Legislation

Requiring that, consistent with certain fiduciary duties, the investment policy manual adopted by the Board of Trustees for the State Retirement and Pension System include certain policies and address certain details regarding the management of climate risks in the investment of State Retirement and Pension System assets; requiring the Board of Trustees to conduct or commission a climate risk assessment of the investments of the several systems by January 31, 2019, and every 4 years thereafter; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0993

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 2/05/2018 Legislative Date 2/05/2018 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/07/2018 Legislative Date 2/07/2018 Action Hearing 2/22 at 8:30 a.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Pension Climate Change Risk Act Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/05/2018	2/05/2018	First Reading Budget and Taxation
Senate	2/07/2018	2/07/2018	Hearing 2/22 at 8:30 a.m.
			Text - First - Maryland Pension Climate Change Risk Act

File Code

Subjects

Statutes