---
type: "Bill"
title: "University System of Maryland - Board of Regents - Quasi-Endowment Funds"
description: "University System of Maryland - Board of Regents - Quasi-Endowment Funds"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2023"
identifier: "SB 426"
citation: "Maryland SB 426 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Benson", "Corderman", "Elfreth", "Jackson", "King", "McCray", "Salling", "Zucker"]
version_count: 4
action_count: 18
vote_count: 0
first_action: "2023-02-02"
last_action: "2023-05-16"
source: "openstates"
source_identifier: "ocd-bill/f821fea2-47c8-41a6-a8ea-4e4744378a23"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0426?ys=2023RS&search=True"
source_hash: "948de21e7033c37cd82a960dcee7ca181a44b95328c7b3d6899a31ccfb0d46cd"
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 426 (2023) — University System of Maryland - Board of Regents - Quasi-Endowment Funds

## Version chain

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

1. **Chapter - University System of Maryland - Board of Regents - Quasi-Endowment Funds** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_735_sb0426e.pdf)
2. **Enrolled - University System of Maryland - Board of Regents - Quasi-Endowment Funds** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0426e.pdf)
3. **First - University System of Maryland - Board of Regents - Quasi-Endowment Funds** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0426f.pdf)
4. **Third - University System of Maryland - Board of Regents - Quasi-Endowment Funds** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0426t.pdf)

## Sponsors

- Benson — primary (person)
- Corderman — primary (person)
- Elfreth — primary (person)
- Jackson — primary (person)
- King — primary (person)
- McCray — primary (person)
- Salling — primary (person)
- Zucker — primary (person)

## Timeline

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

- **2023-02-02** First Reading Budget and Taxation `referral-committee`
- **2023-02-02** Hearing 2/22 at 1:00 p.m.
- **2023-03-08** Favorable with Amendments Report by Budget and Taxation `committee-passage-favorable`
- **2023-03-09** Favorable with Amendments { `committee-passage-favorable`
- **2023-03-09** Second Reading Passed with Amendments
- **2023-03-13** Third Reading Passed `passage`
- **2023-03-14** Referred Appropriations `referral-committee`
- **2023-03-22** Hearing 3/28 at 1:00 p.m.
- **2023-03-26** Hearing canceled
- **2023-03-26** Hearing 3/30 at 1:00 p.m.
- **2023-04-06** Favorable with Amendments Report by Appropriations `committee-passage-favorable`
- **2023-04-06** Favorable with Amendments { `committee-passage-favorable`
- **2023-04-06** Second Reading Passed with Amendments
- **2023-04-06** Third Reading Passed `passage`
- **2023-04-10** Senate Concurs House Amendments
- **2023-04-10** Third Reading Passed `passage`
- **2023-04-10** Passed Enrolled
- **2023-05-16** Approved by the Governor - Chapter 735 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f821fea2-47c8-41a6-a8ea-4e4744378a23`. Confidence: reported (aggregated from official Maryland legislature records).