2008 Regular Session


File Code: State Government - Agencies, Offices, and Officials Crossfiled with: SENATE BILL 606
Sponsored By:
Delegates Walker, Taylor, Ali, Benson, Braveboy, Burns, Cane, Carter, Conaway, Doory, Frush, Gutierrez, Haynes, Healey, Holmes, Howard, Hubbard, Hucker, Ivey, Nathan-Pulliam, Niemann, Oaks, Pena-Melnyk, Proctor, Rice, Robinson, F. Turner, V. Turner, Valderrama, and Vaughn
State Government - Brokerage and Investment Management Services - Use of Minority Business Enterprises


Requiring specified State entities responsible for the management of specified funds to attempt to use minority business enterprise brokerage and investment management services firms; specifying that brokerage and investment management services shall include services relating to specified asset classes under specified circumstances; requiring the entities to adopt specified guidelines and to submit an annual report relating to minority business enterprise brokerage and investment management services firms; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
First Reading Health and Government Operations
Hearing 3/12 at 1:00 p.m.
Favorable with Amendments Report by Health and Government Operations
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
Third Reading Passed (138-0)
House Concur - Senate Amendments
Third Reading Passed (140-0)
Passed Enrolled
Senate Action
First Reading Finance & Budget and Taxation
Hearing 4/1 at 1:00 p.m. (Finance)
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
Third Reading Passed with Amendments (46-0)
Action after passage in House and Senate
Approved by the Governor
- Chapter 601

Sponsored by:

Delegate Jay Walker, District 26
Delegate Saqib Ali, District 39
Delegate Joanne C. Benson, District 24
Delegate Aisha N. Braveboy, District 25
Delegate Emmett C. Burns, Jr., District 10
Delegate Rudolph C. Cane, District 37A
Delegate Jill P. Carter, District 41
Delegate Frank M. Conaway, Jr., District 40
Delegate Ann Marie Doory, District 43
Delegate Barbara Frush, District 21
Delegate Ana Sol Gutierrez, District 18
Delegate Keith E. Haynes, District 44
Delegate Anne Healey, District 22
Delegate Marvin E. Holmes, Jr., District 23B
Delegate Carolyn J. B. Howard, District 24
Delegate James W. Hubbard, District 23A
Delegate Tom Hucker, District 20
Delegate Jolene Ivey, District 47
Delegate Shirley Nathan-Pulliam, District 10
Delegate Doyle L. Niemann, District 47
Delegate Nathaniel T. Oaks, District 41
Delegate Joseline A. Pena-Melnyk, District 21
Delegate James E. Proctor, Jr., District 27A
Delegate Craig L. Rice, District 15
Delegate Barbara Robinson, District 40
Delegate Herman L. Taylor, Jr., District 14
Delegate Frank S. Turner, District 13
Delegate Veronica Turner, District 26
Delegate Kriselda Valderrama, District 26
Delegate Michael L. Vaughn, District 24

Bill indexed under the following Subjects:

Committees and Commissions -see also- Political Committees
Financial Institutions -see also- Banks; Credit Unions; etc.
Investments -see also- Securities
Maryland Automobile Insurance Fund
Minorities -see also- Women
Retirement Systems -see also- Mandatory Retirement
Small Business
State Employees
Workers` Compensation

Bill affects the following Statutes:

( 20-303 )
Labor and Employment
( 10-122 )
State Finance and Procurement
( 6-222 )
State Personnel and Pensions
( 21-116 )
Article - 95 Treasurer
( 22G )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Attorney General Letter (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
Number: 736380/01     Offered on: March 21, 2008   at: 11:03 a.m.     Status: Adopted
Number: 907371/01     Offered on: April 7, 2008   at: 12:41 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
March 19, 2008: Third Reading Passed (138-0)
April 4, 2008: Third Reading Passed (140-0)
April 3, 2008: Third Reading Passed (46-0)