2022 Regular Session • Maryland Legislature
HB1482: State Retirement and Pension System - Divestment From Russia
Legislative Summary
Requiring the Board of Trustees for the State Retirement and Pension System to review investment holdings in eligible accounts to determine the extent to which these funds are invested in Russia-restricted investments; requiring the Board of Trustees to take certain divestment actions; prohibiting the Board of Trustees from making certain new investments; providing certain immunities from liability for certain persons; requiring the Board of Trustees to act in good faith in taking certain actions in a certain manner; etc.
Bill History
3/2/2022
First Reading Appropriations
House of Delegates
3/8/2022
Motion Rules Suspend for Late Introduction (Delegate Lierman) Adopted (135-0)
House of Delegates
3/8/2022
Motion Rules Suspend to Refer (Delegate Lierman) Adopted (135-0)
House of Delegates
3/8/2022
Referred Appropriations
House of Delegates
3/8/2022
Hearing 3/10 at 1:00 p.m.
House of Delegates
3/14/2022
Favorable Report by Appropriations
House of Delegates
3/15/2022
Favorable Adopted
House of Delegates
3/15/2022
Floor Amendment {523423/1 (Delegate M. Fisher) Rejected (45-87)
House of Delegates
3/15/2022
Second Reading Passed
House of Delegates
3/16/2022
Third Reading Passed (138-0)
House of Delegates
3/16/2022
Referred Budget and Taxation
Senate
3/30/2022
Favorable Report by Budget and Taxation
Senate
3/30/2022
Favorable Adopted
Senate
3/30/2022
Second Reading Passed
Senate
3/31/2022
Third Reading Passed (47-0)
Senate
3/31/2022
Returned Passed
House of Delegates
5/27/2022
Vetoed by the Governor (Duplicative)
House of Delegates
Amendments
Floor Amendment 523423/1 (Delegate M. Fisher) Rejected (45-87)
Floor Amendment 523423/1 (Delegate M. Fisher) Rejected (45-87)
3/15/2022Not Adopted
Roll Call Votes
Third Reading Passed
3/31/2022
47
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Third Reading Passed
3/16/2022
138
Yea
0
Nay
1
Not Voting
2
Absent
Result: PASSED
Floor Amendment 523423/1 (Delegate M. Fisher) Rejected
3/15/2022
45
Yea
87
Nay
6
Not Voting
3
Absent
Result: FAILED
Motion Rules Suspend for Late Introduction (Delegate Lierman) Adopted
3/8/2022
135
Yea
0
Nay
0
Not Voting
6
Absent
Result: PASSED
Motion Rules Suspend to Refer (Delegate Lierman) Adopted
3/8/2022
135
Yea
0
Nay
0
Not Voting
6
Absent
Result: PASSED
Status Information
Current Status
Vetoed(5/27/2022)
Chamber
House of Delegates
Sine Die
Sponsors
Democrat: 45
Republican: 6
Primary Sponsor
Brooke Lierman
Democrat
Co-Sponsors (50)
Marlon Amprey
Democrat
Carl Anderton
Republican
Vanessa Atterbeary
Democrat
Wendell Beitzel
Republican
Lisa Belcastro
Democrat
Harry Bhandari
Democrat
Regina Boyce
Democrat
Tony Bridges
Democrat
Benjamin Brooks
Democrat
Jason Buckel
Republican
Lorig Charkoudian
Democrat
Brian Crosby
Democrat
Charlotte Crutchfield
Democrat
Bonnie Cullison
Democrat
Eric Ebersole
Democrat
Wanika Fisher
Democrat
Linda Foley
Democrat
Catherine Forbes
Democrat
Michele Guyton
Democrat
Anne Healey
Democrat
Terri Hill
Democrat
Carl Jackson
Democrat
Jay Jalisi
Democrat
Dana Jones
Democrat
Rachel Jones
Democrat
Jazz Lewis
Democrat
Lesley Lopez
Democrat
Sara Love
Democrat
Eric Luedtke
Democrat
Maggie McIntosh
Democrat
David Moon
Democrat
Julie Palakovich Carr
Democrat
Edith Patterson
Democrat
Joseline Pena-Melnyk
Democrat
Kirill Reznik
Democrat
Mike Rogers
Democrat
Sheila Ruth
Democrat
Haven Shoemaker
Republican
Jared Solomon
Democrat
Dana Stein
Democrat
Vaughn Stewart
Democrat
Kathy Szeliga
Republican
Jen Terrasa
Democrat
Brenda Thiam
Republican
Karen Toles
Democrat
Kriselda Valderrama
Democrat
Geraldine Valentino-Smith
Democrat
Melissa Wells
Democrat
C.T. Wilson
Democrat
Karen Lewis Young
Democrat