MD HB835 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on May 19 2016 - 100% progression
Action: 2016-05-19 - Approved by the Governor - Chapter 569
Text: Latest bill text (Chaptered) [PDF]

Summary

Authorizing the trustees or other officers in charge of specified facility closure reserve funds to invest and reinvest money in a specified manner and sell, redeem, or exchange specified investments or reinvestments; requiring the trustees or other officers in charge of the funds to comply with specified fiduciary standards; authorizing a political subdivision or unit of a political subdivision to enter into a specified agreement; altering the definition of "public money" as it relates to local government investment guidelines; etc.

Tracking Information

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Title

Local Facility Closure Reserve Funds - Investments and Reinvestments

Sponsors


Roll Calls

2016-03-31 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2016-03-17 - House - House Floor - Third Reading Passed (135-0) (Y: 135 N: 0 NV: 0 Abs: 6) [PASS]

History

DateChamberAction
2016-05-19HouseApproved by the Governor - Chapter 569
2016-04-07HouseReturned Passed
2016-04-06SenateThird Reading Passed (46-0)
2016-04-05SenateSecond Reading Passed
2016-04-05SenateFavorable Report Adopted
2016-04-04SenateFavorable Report by Budget and Taxation
2016-03-31SenateHearing 3/31 at 1:00 p.m.
2016-03-21SenateFirst Reading Budget and Taxation
2016-03-19HouseThird Reading Passed (135-0)
2016-03-17HouseSecond Reading Passed
2016-03-17HouseFavorable Report Adopted
2016-03-17HouseFavorable Report by Appropriations
2016-03-01HouseHearing 3/01 at 1:00 p.m.
2016-02-08HouseFirst Reading Appropriations

Subjects


Maryland State Sources


Bill Comments

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