---
type: "Bill"
title: "Higher Education - University System of Maryland - Quasi-Endowment Funds"
description: "Higher Education - University System of Maryland - Quasi-Endowment Funds"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2018"
identifier: "HB 871"
citation: "Maryland HB 871 (2018)"
classification: ["bill"]
subjects: ["Higher Education", "Committees and Commissions", "Higher Education", "Investments", "Revenue and Taxes", "Scholarships and Student Financial Aid", "State Universities and Colleges"]
status: "enacted"
primary_sponsors: ["Jones"]
version_count: 1
action_count: 14
vote_count: 2
first_action: "2018-02-02"
last_action: "2018-05-08"
source: "openstates"
source_identifier: "ocd-bill/abc616b3-8b96-4e44-9c03-81cc0875d585"
source_url: "http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=HB871&stab=01&pid=billpage&tab=subject3&ys=2018rs"
source_hash: "e6386d72b322b4754d46a235b1505aeddaf876232f463feadfd7a3322691d16b"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---

# Maryland HB 871 (2018) — Higher Education - University System of Maryland - Quasi-Endowment Funds

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Bill Text** (committee substitute) — [source](http://mgaleg.maryland.gov/2018RS/bills/hb/hb0871f.pdf)

## Votes

- On Third Reading — **136–0** (pass) · lower
- On Third Reading — **47–0** (pass) · upper

## Sponsors

- Jones — primary (person)
- Brooks — cosponsor (person)
- C. Howard — cosponsor (person)
- Ciliberti — cosponsor (person)
- Frick — cosponsor (person)
- Gaines — cosponsor (person)
- Gilchrist — cosponsor (person)
- Haynes — cosponsor (person)
- Hettleman — cosponsor (person)
- Hixson — cosponsor (person)
- Jalisi — cosponsor (person)
- Lam — cosponsor (person)
- Luedtke — cosponsor (person)
- P. Young — cosponsor (person)
- Pendergrass — cosponsor (person)
- Sophocleus — cosponsor (person)
- Stein — cosponsor (person)
- Wilkins — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2018-02-02** First Reading Appropriations `referral-committee`
- **2018-02-07** Hearing 2/20 at 1:00 p.m.
- **2018-02-26** Favorable with Amendments Report by Appropriations `committee-passage-favorable`
- **2018-02-27** Favorable with Amendments {764565/1 Report Adopted `committee-passage-favorable`
- **2018-02-27** Second Reading Passed with Amendments
- **2018-03-01** Third Reading Passed (136-0) `passage`
- **2018-03-02** First Reading Budget and Taxation `referral-committee`
- **2018-03-14** Hearing 3/20 at 1:00 p.m.
- **2018-03-23** Favorable Report by Budget and Taxation `committee-passage-favorable`
- **2018-03-23** Favorable Report Adopted `committee-passage-favorable`
- **2018-03-23** Second Reading Passed
- **2018-03-26** Third Reading Passed (47-0) `passage`
- **2018-03-27** Returned Passed
- **2018-05-08** Approved by the Governor - Chapter 392 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/abc616b3-8b96-4e44-9c03-81cc0875d585`. Confidence: reported (aggregated from official Maryland legislature records).