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§ 2-806. Functions

West's Annotated Code of MarylandState GovernmentEffective: July 1, 2019

West's Annotated Code of Maryland
State Government (Refs & Annos)
Title 2. General Assembly (Refs & Annos)
Subtitle 8. Joint Committee on the Management of Public Funds (Refs & Annos)
Effective: July 1, 2019
MD Code, State Government, § 2-806
§ 2-806. Functions
Currentness
In general
(a) The Committee has the function to review the investment and management policies and procedures:
(1) of the Treasurer with respect to State funds in the State Treasury;
(2) of any officer or unit with respect to State funds that are not in the State Treasury and are not under the jurisdiction of a retirement system; and
(3) of local governments with respect to public funds.
Report
(b) Subject to § 2-1257 of this title, on or before the 1st day of each regular session, the Committee shall submit an annual report to the General Assembly on any recommendations as to the office of Treasurer.
Limitation on committee
(c) The function and authority of the Treasurer as a member of the Board of Public Works are not subject to the review of the Committee.

Credits

Added by Acts 1984, c. 284, § 1, eff. Oct. 1, 1984. Amended by Acts 2021, c. 109, § 5.
Formerly Art. 40, §§ 94 to 96.
MD Code, State Government, § 2-806, MD STATE GOVT § 2-806
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document