Maryland House Bill 1254 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 6-2)
Status: Introduced on February 7 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 3/10 at 1:00 p.m.
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

Altering a requirement that the Board of Trustees for the State Retirement and Pension System provide a quarterly estimate of certain external investment management services; prohibiting the Board of Trustees from incurring fees for external investment management services that exceed 0.2% of the market value of invested assets as of the last day of the preceding fiscal year; exempting from the prohibition certain fees incurred under a contract entered into on or before June 30, 2020; etc.

State Retirement and Pension System - Investment Management Fees

Del. Kumar Barve [D]	Del. David Fraser-hidalgo [D]	Del. Robin Grammer [R]	Del. Shane Pendergrass [D]
Del. Lily Qi [D]	Del. Dana Stein [D]	Del. Kriselda Valderrama [D]	Del. William Wivell [R]

Date	Chamber	Action
2020-02-10	House	Hearing 3/10 at 1:00 p.m.
2020-02-07	House	First Reading Appropriations

HB1254 (Carry Over) 2020-02-10 - Hearing 3/10 at 1:00 p.m.

Chapter	Article	Section	Citation Type	Statute Text
State Personnel and Pensions	21	123	(n/a)	See Bill Text
State Personnel and Pensions	21	315	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1254?ys=2020RS
Text	https://mgaleg.maryland.gov/2020RS/bills/hb/hb1254f.pdf