Bill > SB200

This bill renames the Board of Trustees of the Maryland Teachers and State Employees Supplemental Retirement Plans to the Board of Trustees of the Maryland State Employees Supplemental Retirement Plans, effectively removing "Teachers" from its title. The bill ensures that the newly named board is the legal successor to the previous board, with all its existing powers, obligations, personnel, records, assets, and liabilities remaining intact. The legislation specifies that current board members will continue to serve out their existing terms, and any existing documents, transactions, or employment statuses will remain valid after the name change. The bill also mandates that existing printed materials with the old board name must be used up before new materials with the updated name can be printed. The changes will take effect on July 1, 2025, and the publisher of the Annotated Code of Maryland is directed to make necessary cross-reference and terminology corrections to reflect this update.

Budget and Finance

Budget and Taxation (Senate)

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0200?ys=2025RS