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SB 458

EnactedCrossfile HB 909
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Maryland Teachers and State Employees Supplemental Retirement Plans - Use of Minority Business Enterprises

Sponsor: Senator GriffithCommittee: Budget and TaxationSubject: State Government - Pensions and RetirementStatus: Approved by the Governor - Chapter 392 (as of Nov 15, 2022)

What this bill does

Official synopsis

Requiring the Board of Trustees of the Maryland Teachers and State Employees Supplemental Retirement Plans to consider using minority business enterprises for investment advisor and fund manager services; requiring the Board to use the Office of State Procurement's website and the State's electronic procurement system to provide notice to potential providers; and requiring the Board, in consultation with a certain entity, to identify entities that have been certified as minority business enterprises under certain circumstances.

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Testimony (4)

MGA witness list
FAV 4Favorable
PositionWitnessOrganizationTestimony
FAVGriffith, MelonyMaryland State SenateWritten (PDF)
FAVSenator Griffith, Senator GriffithlegislatorIndividualOral
FAVSenator Griffith, Senator GriffithlegislatorIndividualOral
FAVSenator Griffith, Senator GriffithlegislatorIndividualOral

Organizations on record