Fabio
79 lines
3.5 KiB
Markdown
79 lines
3.5 KiB
Markdown
---
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type: "Bill"
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title: "State Retirement and Pension System – Investment Climate Risk – Fiduciary Duties"
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description: "State Retirement and Pension System – Investment Climate Risk – Fiduciary Duties"
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jurisdiction: "us/states/md"
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legislature: "Maryland General Assembly"
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session: "2022"
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identifier: "SB 566"
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citation: "Maryland SB 566 (2022)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Elfreth"]
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version_count: 3
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action_count: 19
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vote_count: 3
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first_action: "2022-02-01"
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last_action: "2022-04-09"
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source: "openstates"
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source_identifier: "ocd-bill/070d9a9f-730d-4571-93e5-ea9fe8522856"
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source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0566?ys=2022RS&search=True"
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source_hash: "c0dd5f009713fe541b9a521ee658b068a18143d0373ee74b7e7e5b8443722f1c"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-md"]
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---
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# Maryland SB 566 (2022) — State Retirement and Pension System – Investment Climate Risk – Fiduciary Duties
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Chapter - State Retirement and Pension System – Investment Climate Risk – Fiduciary Duties** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/Chapters_noln/CH_25_sb0566t.pdf)
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2. **First - State Retirement and Pension System – Investment Climate Risk – Fiduciary Duties** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/bills/sb/sb0566f.pdf)
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3. **Third - State Retirement and Pension System – Investment Climate Risk – Fiduciary Duties** (committee substitute) — [source](http://mgaleg.maryland.gov/2022RS/bills/sb/sb0566t.pdf)
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## Votes
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- Floor Amendment Cassilly /433824/1 — **16–30** (fail) · upper
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- On Third Reading — **94–40** (pass) · lower
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- On Third Reading — **33–14** (pass) · upper
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## Sponsors
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- Chair, Joint Committee on Pensions — primary (organization)
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- Elfreth — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2022-02-01** First Reading Budget and Taxation `referral-committee`
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- **2022-02-01** Hearing 2/24 at 9:00 a.m.
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- **2022-02-10** Hearing canceled
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- **2022-02-10** Hearing 2/24 at 8:30 a.m.
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- **2022-03-07** Favorable Report by Budget and Taxation `committee-passage-favorable`
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- **2022-03-08** Favorable `committee-passage-favorable`
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- **2022-03-08** Motion Special Order until 3/9 (Senator Simonaire) Adopted
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- **2022-03-10** Favorable Adopted `committee-passage-favorable`
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- **2022-03-10** Floor Amendment {
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- **2022-03-10** Second Reading Passed
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- **2022-03-14** Third Reading Passed `passage`
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- **2022-03-15** Referred Appropriations `referral-committee`
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- **2022-03-23** Hearing 3/29 at 1:00 p.m.
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- **2022-03-29** Hearing canceled
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- **2022-03-29** Favorable Report by Appropriations `committee-passage-favorable`
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- **2022-03-29** Favorable Adopted Second Reading Passed `committee-passage-favorable`
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- **2022-03-30** Third Reading Passed `passage`
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- **2022-03-31** Returned Passed
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- **2022-04-09** Enacted under Article II, Section 17(b) of the Maryland Constitution - Chapter 25 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/070d9a9f-730d-4571-93e5-ea9fe8522856`. Confidence: reported (aggregated from official Maryland legislature records).
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