State Retirement and Pension System - Use of Minority and Women-Owned Business Enterprises (Diversity Among Asset Managers Act of 2022)
Sponsor: Delegate Lewis, J.Committee: AppropriationsSubject: State Government - Pensions and RetirementStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 641 (as of Nov 15, 2022)
What this bill does
Official synopsis
Requiring the Investment Committee of the State Retirement Agency to assess the use of minority business enterprises beginning July 1, 2022, and each fiscal year thereafter; requiring a certain certification agency, in consultation with certain entities, to evaluate whether remedial measures are needed to comply with a certain court opinion and any subsequent federal or constitutional requirements; etc.
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Testimony (5)
MGA witness listFAV 2FavorableINFO 3Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Delegate Lewis, J., Delegate Lewis, J.legislator | Individual | Oral |
| FAV | Lewis, Delegate Jazz | Individual | Written (PDF) |
| INFO | Palmer, Andrew | Maryland State Retirement Agency | Written (PDF) |
| INFO | Noven, Martin | Maryland State Retirement and Pension System | Oral |
| INFO | Gawthrop, Anne | State Retirement and Pension System | Oral |
