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2009 Regular Session bill information current as of November 30, 2009 - 6:03 p.m.
Became Law - Governor Signed
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HOUSE BILL 200

CHAPTER NUMBER: 134
EMERGENCY BILL
File Code: Estates and Trusts
Prior Year Introduction As: HB 1467/08 - JUD

Sponsored By:
Delegate Carter

Entitled:
Maryland Uniform Prudent Management of Institutional Funds Act

Synopsis:

Repealing specified provisions of law relating to the management of institutional funds; establishing the Maryland Uniform Prudent Management of Institutional Funds Act; establishing standards of conduct in managing and investing specified institutional funds; authorizing a specified institution to appropriate for expenditure or accumulate so much of a specified endowment fund as the institution determines is prudent for specified purposes; establishing a presumption of imprudence; requiring a specified notice; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. Explain Legislative Date and Calendar Date
House Action
1/26
First Reading Judiciary
1/27
Hearing 2/5 at 1:00 p.m.
3/23
Favorable with Amendments Report by Judiciary
3/21
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/22
Third Reading Passed (137-2)
4/3
House Concur - Senate Amendments
Third Reading Passed (135-1)
Passed Enrolled
Senate Action
3/26
First Reading Judicial Proceedings
4/3
Favorable with Amendments Report by Judicial Proceedings
4/1
Favorable with Amendments
Committee Amendment Adopted
Special Order 4/6 (Senator Pipkin) Adopted
4/2
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/3
Third Reading Passed with Amendments (47-0)
Action after passage in House and Senate
4/14
Approved by the Governor
- Chapter 134

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Agents and Brokers
Attorney General
Courts -see also- Circuit; Appeals; District; Orphans`; etc.
Estates and Trusts
Ethics
Federal Government
Gifts
Investments -see also- Securities
Liability -see also- Good Samaritan
Nonprofit Organizations
Notices
Records -see also- Land Records; Vital Records
Uniform Laws

Bill affects the following Statutes:

Estates and Trusts
( 15-401 , 15-401 , 15-402 , 15-403 , 15-404 , 15-405 , 15-406 , 15-407 , 15-408 , 15-409 , 15-410 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments (Displayed in PDF Format):
House
Number: 312216/01     Offered on: March 24, 2009   at: 10:44 a.m.     Status: Adopted
Senate
Number: 128174/01     Offered on: April 3, 2009   at: 9:59 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):
House
March 22, 2009: Third Reading Passed (137-2)
April 3, 2009: Third Reading Passed (135-1)
Senate
April 3, 2009: Third Reading Passed (47-0)



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