---
type: "Bill"
title: "State Retirement and Pension System - Nonvested Accounts - Regular Interest"
description: "State Retirement and Pension System - Nonvested Accounts - Regular Interest"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2023"
identifier: "HB 424"
citation: "Maryland HB 424 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Acevero", "Boafo", "Crutchfield", "Foley", "Lopez", "Simmons", "Simpson"]
version_count: 4
action_count: 15
vote_count: 0
first_action: "2023-01-30"
last_action: "2023-04-24"
source: "openstates"
source_identifier: "ocd-bill/f3dac6cc-4728-4fb1-a8f2-900eb383e917"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/hb0424?ys=2023RS&search=True"
source_hash: "4037af37d3868e8b3e8ee4fbd3089392cf415ba877d4c6adc7078ba83da6ff0a"
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 424 (2023) — State Retirement and Pension System - Nonvested Accounts - Regular Interest

## Version chain

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

1. **Chapter - State Retirement and Pension System - Nonvested Accounts - Regular Interest** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_233_hb0424e.pdf)
2. **Enrolled - State Retirement and Pension System - Nonvested Accounts - Regular Interest** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/hb/hb0424e.pdf)
3. **First - State Retirement and Pension System - Nonvested Accounts - Regular Interest** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/hb/hb0424f.pdf)
4. **Third - State Retirement and Pension System - Nonvested Accounts - Regular Interest** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/hb/hb0424t.pdf)

## Sponsors

- Acevero — primary (person)
- Boafo — primary (person)
- Crutchfield — primary (person)
- Foley — primary (person)
- Lopez — primary (person)
- Simmons — primary (person)
- Simpson — primary (person)

## Timeline

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

- **2023-01-30** First Reading Appropriations `referral-committee`
- **2023-01-31** Hearing 2/14 at 1:00 p.m.
- **2023-03-06** Favorable with Amendments Report by Appropriations `committee-passage-favorable`
- **2023-03-07** Favorable with Amendments { `committee-passage-favorable`
- **2023-03-07** Second Reading Passed with Amendments
- **2023-03-09** Third Reading Passed `passage`
- **2023-03-10** Referred Budget and Taxation `referral-committee`
- **2023-04-05** Favorable with Amendments Report by Budget and Taxation `committee-passage-favorable`
- **2023-04-05** Favorable with Amendments { `committee-passage-favorable`
- **2023-04-05** Second Reading Passed with Amendments
- **2023-04-06** Third Reading Passed `passage`
- **2023-04-08** House Concurs Senate Amendments
- **2023-04-08** Third Reading Passed `passage`
- **2023-04-08** Passed Enrolled
- **2023-04-24** Approved by the Governor - Chapter 233 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f3dac6cc-4728-4fb1-a8f2-900eb383e917`. Confidence: reported (aggregated from official Maryland legislature records).