---
type: "Bill"
title: "State Retirement and Pension System - Cost-of-Living Adjustments - Clarification"
description: "State Retirement and Pension System - Cost-of-Living Adjustments - Clarification"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2026"
identifier: "SB 724"
citation: "Maryland SB 724 (2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Lewis Young"]
version_count: 3
action_count: 13
vote_count: 2
first_action: "2026-02-06"
last_action: "2026-04-14"
source: "openstates"
source_identifier: "ocd-bill/d72e7777-2337-467d-916e-8ad2536f64ca"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0724?ys=2026RS"
source_hash: "25d353b043f585b1a0bd0a21a566d7f2db7f2b6399d643bc5d42e0fd7dbce5cf"
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 724 (2026) — State Retirement and Pension System - Cost-of-Living Adjustments - Clarification

## Version chain

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

1. **Chapter - State Retirement and Pension System - Cost-of-Living Adjustments - Clarification** (committee substitute) — [source](http://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_55_sb0724t.pdf)
2. **First - State Retirement and Pension System - Cost-of-Living Adjustments - Clarification** (committee substitute) — [source](http://mgaleg.maryland.gov/2026RS/bills/sb/sb0724f.pdf)
3. **Third - State Retirement and Pension System - Cost-of-Living Adjustments - Clarification** (committee substitute) — [source](http://mgaleg.maryland.gov/2026RS/bills/sb/sb0724t.pdf)

## Votes

- On Third Reading (Emerg) — **130–0** (pass) · lower
- On Third Reading (Emerg) — **44–0** (pass) · upper

## Sponsors

- Lewis Young — primary (person)

## Timeline

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

- **2026-02-06** First Reading Budget and Taxation `referral-committee`
- **2026-02-11** Hearing 2/19 at 9:00 a.m.
- **2026-02-26** Favorable Report by Budget and Taxation `committee-passage-favorable`
- **2026-02-27** Favorable Adopted `committee-passage-favorable`
- **2026-02-27** Second Reading Passed
- **2026-03-03** Third Reading Passed `passage`
- **2026-03-04** Referred Appropriations `referral-committee`
- **2026-03-10** Favorable Report by Appropriations `committee-passage-favorable`
- **2026-03-10** Favorable Adopted `committee-passage-favorable`
- **2026-03-10** Second Reading Passed
- **2026-03-12** Third Reading Passed `passage`
- **2026-03-13** Returned Passed
- **2026-04-14** Approved by the Governor - Chapter 55 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d72e7777-2337-467d-916e-8ad2536f64ca`. Confidence: reported (aggregated from official Maryland legislature records).