State Investment Portfolio and Local Government Investment Guidelines - Investment Standards
What this bill does
Requiring the Treasurer to consult with governmental entities prior to proposing certain regulations; repealing the limitations on investment in certain assets in which the Treasurer may invest or reinvest certain unexpended or surplus funds; authorizing the Treasurer to retain investments made prior to the effective date of the Act until the investments have reached their respective maturity dates; authorizing the Treasurer and governmental entities to invest or reinvest in certain surplus funds under certain circumstances.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (8)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Harris, Mrs. | Individual | Position only |
| FAV | Speaker, Speaker | Individual | Oral |
| FWA | Sanderson, Michael | Maryland Association of Counties (MACo) | Oral + Written (PDF) |
| FWA | Davis, Dereck | Maryland State Treasurer's Office | Oral + Written (PDF) |
| FWA | Martin, Jonathan | Maryland State Treasurer's Office | Oral |
| FWA | Morris, Keith | Maryland State Treasurer's Office | Oral |
| FWA | Atas, Laura | State Treasurer's Office | Oral |
| FWA | Allen, Catherin | Individual | Oral |