MD HB845 | 2010 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on February 10 2010 - 25% progression, died in chamber
Action: 2010-03-15 - Unfavorable Report by Appropriations
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring the Board of Trustees of the State Retirement and Pension System to invest over a 5-year period $50,000,000 of the assets of the several systems in venture capital funds focused on qualified information technology, green technology, medical device technology, or bioscience businesses; requiring venture capital funds focused on qualified information technology, green technology, medical device technology, or bioscience businesses to invest a specified amount of the assets of the several systems in State-based businesses; etc.

Tracking Information

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Title

State Retirement and Pension System - Investments - Qualified Information

Sponsors


History

DateChamberAction
2010-03-15 Unfavorable Report by Appropriations
2010-02-24 Hearing 3/9 at 1:00 p.m.
2010-02-10 First Reading Appropriations

Subjects


Maryland State Sources


Bill Comments

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