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HB 1332 - State Retirement and Pension System - Investments - Independent Investment Advisory Firms
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Tracking Level: No Position
Sponsor: Delegate Serafini
Last Action: 4/6/2012 - H Unfavorable Report by Appropriations
House Committee:
Assigned To:
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Staff Analysis of the Legislation


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text
BILL INFO-2012 Regular Session-HB 1332
2012 Regular Session

HOUSE BILL 1332

File Code: State Pensions and Retirement Prior Year Introduction As: HB 1326/11 - APP
Sponsored By:
Delegate Serafini
Entitled:
State Retirement and Pension System - Investments - Independent Investment Advisory Firms

Synopsis:

Eliminating the Investment Division of the State Retirement Agency and the position of the Chief Investment Officer; requiring the Board of Trustees to hire independent investment advisory firms to invest the assets of the several systems of the State Retirement and Pension System; requiring the State Retirement Agency to submit a quarterly report to the Board of Trustees; altering a requirement relating to the management of specified real estate investments of the State Retirement and Pension System; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
House Action
2/16
First Reading House Rules and Executive Nominations
2/27
Re-referred Appropriations
2/29
Hearing 3/13 at 1:00 p.m.
4/6
Unfavorable Report by Appropriations
Senate Action
No Action

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Contracts -see also- Land Installment Contracts; Procurement
Investments -see also- Securities
Publications -see also- Maryland Register
Public Officials -see also- Atty Gen; Compt; Coun Admin; etc
Real Estate -see also- Agents and Brokers
Reports
Retirement Systems -see also- Mandatory Retirement
State Employees

Bill affects the following Statutes:

State Personnel and Pensions
( 21-108 , 21-116 , 21-118 , 21-118.1 , 21-122 , 21-123 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
Committee Votes :
House
Appropriations