---
type: "Bill"
title: "State Investment Portfolio and Local Government Investment Guidelines - Investment Standards"
description: "State Investment Portfolio and Local Government Investment Guidelines - Investment Standards"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2024"
identifier: "HB 846"
citation: "Maryland HB 846 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Speaker", "State Treasurer"]
version_count: 3
action_count: 14
vote_count: 1
first_action: "2024-01-31"
last_action: "2024-04-25"
source: "openstates"
source_identifier: "ocd-bill/69e0b4f9-f63c-450b-b796-eb6cb2fba65c"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/hb0846?ys=2024RS&search=True"
source_hash: "a13065bcd6a44c4ad1b80f5ee584242b1aa763c46285ca309e440e41712e6603"
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 846 (2024) — State Investment Portfolio and Local Government Investment Guidelines - Investment Standards

## Version chain

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

1. **Chapter - State Investment Portfolio and Local Government Investment Guidelines - Investment Standards** (committee substitute) — [source](http://mgaleg.maryland.gov/2024RS/Chapters_noln/CH_143_hb0846t.pdf)
2. **First - State Investment Portfolio - Investment Standards** (committee substitute) — [source](http://mgaleg.maryland.gov/2024RS/bills/hb/hb0846f.pdf)
3. **Third - State Investment Portfolio and Local Government Investment Guidelines - Investment Standards** (committee substitute) — [source](http://mgaleg.maryland.gov/2024RS/bills/hb/hb0846t.pdf)

## Votes

- On Third Reading (Emerg) — **141–0** (pass) · lower

## Sponsors

- Speaker — primary (person)
- State Treasurer — primary (person)

## Timeline

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

- **2024-01-31** First Reading Appropriations `referral-committee`
- **2024-02-07** Hearing 2/28 at 1:00 p.m.
- **2024-02-27** Hearing canceled
- **2024-02-27** Hearing 2/28 at 12:30 p.m.
- **2024-03-04** Favorable with Amendments Report by Appropriations `committee-passage-favorable`
- **2024-03-05** Favorable with Amendments { `committee-passage-favorable`
- **2024-03-05** Second Reading Passed with Amendments
- **2024-03-07** Third Reading Passed `passage`
- **2024-03-08** Referred Budget and Taxation `referral-committee`
- **2024-03-29** Favorable Report by Budget and Taxation `committee-passage-favorable`
- **2024-03-29** Favorable Adopted Second Reading Passed `committee-passage-favorable`
- **2024-04-03** Third Reading Passed `passage`
- **2024-04-04** Returned Passed
- **2024-04-25** Approved by the Governor - Chapter 143 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/69e0b4f9-f63c-450b-b796-eb6cb2fba65c`. Confidence: reported (aggregated from official Maryland legislature records).