MD HB1482 | 2022 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 45-6)
Status: Vetoed on May 27 2022 - 100% progression
Action: 2022-05-27 - Vetoed by the Governor (Duplicative)
Text: Latest bill text (Engrossed) [PDF]
Status: Vetoed on May 27 2022 - 100% progression
Action: 2022-05-27 - Vetoed by the Governor (Duplicative)
Text: Latest bill text (Engrossed) [PDF]
Summary
Requiring the Board of Trustees for the State Retirement and Pension System to review investment holdings in eligible accounts to determine the extent to which these funds are invested in Russia-restricted investments; requiring the Board of Trustees to take certain divestment actions; prohibiting the Board of Trustees from making certain new investments; providing certain immunities from liability for certain persons; requiring the Board of Trustees to act in good faith in taking certain actions in a certain manner; etc.
Title
State Retirement and Pension System - Divestment From Russia
Sponsors
Roll Calls
2022-03-31 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2022-03-16 - House - Third Reading Passed (Y: 138 N: 0 NV: 1 Abs: 2) [PASS]
2022-03-15 - House - Floor Amendment 523423/1 (Delegate M. Fisher) Rejected (Y: 45 N: 87 NV: 6 Abs: 3) [FAIL]
2022-03-08 - House - Motion Rules Suspend to Refer (Delegate Lierman) Adopted (Y: 135 N: 0 NV: 0 Abs: 6) [PASS]
2022-03-08 - House - Motion Rules Suspend for Late Introduction (Delegate Lierman) Adopted (Y: 135 N: 0 NV: 0 Abs: 6) [PASS]
2022-03-16 - House - Third Reading Passed (Y: 138 N: 0 NV: 1 Abs: 2) [PASS]
2022-03-15 - House - Floor Amendment 523423/1 (Delegate M. Fisher) Rejected (Y: 45 N: 87 NV: 6 Abs: 3) [FAIL]
2022-03-08 - House - Motion Rules Suspend to Refer (Delegate Lierman) Adopted (Y: 135 N: 0 NV: 0 Abs: 6) [PASS]
2022-03-08 - House - Motion Rules Suspend for Late Introduction (Delegate Lierman) Adopted (Y: 135 N: 0 NV: 0 Abs: 6) [PASS]
History
Date | Chamber | Action |
---|---|---|
2022-05-27 | House | Vetoed by the Governor (Duplicative) |
2022-03-31 | House | Returned Passed |
2022-03-31 | Senate | Third Reading Passed (47-0) |
2022-03-30 | Senate | Second Reading Passed |
2022-03-30 | Senate | Favorable Adopted |
2022-03-30 | Senate | Favorable Report by Budget and Taxation |
2022-03-16 | Senate | Referred Budget and Taxation |
2022-03-16 | House | Third Reading Passed (138-0) |
2022-03-15 | House | Second Reading Passed |
2022-03-15 | House | Floor Amendment {523423/1 (Delegate M. Fisher) Rejected (45-87) |
2022-03-15 | House | Favorable Adopted |
2022-03-14 | House | Favorable Report by Appropriations |
2022-03-08 | House | Hearing 3/10 at 1:00 p.m. |
2022-03-08 | House | Referred Appropriations |
2022-03-08 | House | Motion Rules Suspend to Refer (Delegate Lierman) Adopted (135-0) |
2022-03-08 | House | Motion Rules Suspend for Late Introduction (Delegate Lierman) Adopted (135-0) |
2022-03-02 | House | First Reading Appropriations |
Same As/Similar To
SB1005 (Crossfiled) 2022-05-12 - Approved by the Governor - Chapter 343
Subjects
Boundaries
Commerce and Business
Commerce, Department of
Communications
Emergency Bills
Ethics
Federal Government
International Affairs
Investments
Reports
Retirement
Revenue and Taxes
State Employees
State Government - Pensions and Retirement
Commerce and Business
Commerce, Department of
Communications
Emergency Bills
Ethics
Federal Government
International Affairs
Investments
Reports
Retirement
Revenue and Taxes
State Employees
State Government - Pensions and Retirement
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
State Personnel and Pensions | 21 | 123.3 | (n/a) | See Bill Text |