Maryland Senate Bill 898 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 5 2018 - 25% progression, died in committee
Action: 2018-02-22 - Hearing 2/22 at 8:30 a.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Requiring that, consistent with certain fiduciary duties, the investment policy manual adopted by the Board of Trustees for the State Retirement and Pension System include certain policies and address certain details regarding the management of climate risks in the investment of State Retirement and Pension System assets; requiring the Board of Trustees to conduct or commission a climate risk assessment of the investments of the several systems by January 31, 2019, and every 4 years thereafter; etc.

Maryland Pension Climate Change Risk Act

Sen. Guy Guzzone [D]

Date	Chamber	Action
2018-02-22	Senate	Hearing 2/22 at 8:30 a.m.
2018-02-05	Senate	First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0898?ys=2018rs
Text	https://mgaleg.maryland.gov/2018RS/bills/sb/sb0898f.pdf
Supplement	https://mgaleg.maryland.gov/2018RS/fnotes/bil_0008/sb0898.pdf