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Bill > HB399


MD HB399

MD HB399
State Retirement and Pension System - Transfers Between Systems - Workgroup - Extension


summary

Introduced
01/22/2026
In Committee
01/22/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Extending the reporting date and the termination date for a workgroup convened by the State Retirement Agency to study transfers of member service between State and local retirement and pension systems; and requiring the State Retirement Agency to report to the Senate Budget and Taxation Committee, the House Appropriations Committee, and the Joint Committee on Pensions and not the entire General Assembly.

AI Summary

This bill extends the reporting and termination dates for a workgroup established by the State Retirement Agency, which is tasked with studying how members can transfer their service credit between different state and local retirement and pension systems to improve the process. Specifically, the workgroup's report, which was originally due on December 1, 2025, is now due by October 1, 2026, and the workgroup itself will now terminate on June 30, 2027, instead of June 30, 2026, meaning it will be in effect for 2 years and 1 month. Additionally, the bill changes who receives the workgroup's report; instead of being sent to the entire General Assembly, it will now be submitted to the Governor and specific legislative committees: the Senate Budget and Taxation Committee, the House Appropriations Committee, and the Joint Committee on Pensions.

Committee Categories

Budget and Finance

Sponsors (1)

Other Sponsors (1)

Pensions (Other)

Last Action

House Appropriations Hearing (13:00:00 2/3/2026 ) (on 02/03/2026)

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