State Investment Portfolio - Investment Thresholds - Alterations
Sponsor: Courtney Watson (District 9B)Committee: AppropriationsSubject: State Government - Agencies, Offices, and OfficialsStatus: Approved by the Governor - Chapter 115 (as of Nov 9, 2023)
What this bill does
Official synopsis
Repealing the limitations on investment in certain commercial paper in which the Treasurer may invest or reinvest certain unexpended or surplus funds; requiring the Treasurer to adopt regulations to establish a State investment policy with certain thresholds; and requiring the Treasurer to notify certain officials and governing bodies of certain local governmental units about the provisions of the Act.
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Testimony (4)
MGA witness listFAV 4Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Davis, Dereck | Maryland State Treasurer's Office | Oral + Written (PDF) |
| FAV | Morris, Keith | Maryland State Treasurer's Office | Oral |
| FAV | Atas, Laura | State Treasurer's Office | Oral |
| FAV | Delegate Watson, Delegate Watsonlegislator | Individual | Oral |