---
type: "Bill"
title: "State Investment Portfolio - Investment Thresholds - Alterations"
description: "State Investment Portfolio - Investment Thresholds - Alterations"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2023"
identifier: "SB 153"
citation: "Maryland SB 153 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Augustine"]
version_count: 3
action_count: 13
vote_count: 0
first_action: "2023-01-16"
last_action: "2023-04-24"
source: "openstates"
source_identifier: "ocd-bill/e0e2785b-a7b5-4042-8ae7-eac0eab6ef8c"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0153?ys=2023RS&search=True"
source_hash: "3e6d5eddc9b48f385f184bf82d4abd8679cad00d2e7fffb384419222bd99ed71"
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 SB 153 (2023) — State Investment Portfolio - Investment Thresholds - Alterations

## Version chain

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

1. **Chapter - State Investment Portfolio - Investment Thresholds - Alterations** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_116_sb0153t.pdf)
2. **First - State Investment Portfolio - Investment Thresholds - Alterations** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0153f.pdf)
3. **Third - State Investment Portfolio - Investment Thresholds - Alterations** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0153t.pdf)

## Sponsors

- Augustine — primary (person)
- Joint Committee on the Management of Public Funds — primary (organization)

## Timeline

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

- **2023-01-16** First Reading Budget and Taxation `referral-committee`
- **2023-01-17** Hearing 1/25 at 2:00 p.m.
- **2023-02-13** Favorable Report by Budget and Taxation `committee-passage-favorable`
- **2023-02-14** Favorable Adopted `committee-passage-favorable`
- **2023-02-14** Second Reading Passed
- **2023-02-16** Third Reading Passed `passage`
- **2023-02-20** Referred Appropriations `referral-committee`
- **2023-03-13** Hearing 3/21 at 1:00 p.m.
- **2023-03-30** Favorable Report by Appropriations `committee-passage-favorable`
- **2023-03-30** Favorable Adopted Second Reading Passed `committee-passage-favorable`
- **2023-04-04** Third Reading Passed `passage`
- **2023-04-04** Returned Passed
- **2023-04-24** Approved by the Governor - Chapter 116 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e0e2785b-a7b5-4042-8ae7-eac0eab6ef8c`. Confidence: reported (aggregated from official Maryland legislature records).