Maryland SB859 establishes requirements for chief financial officers in state government, including qualifications, reporting, and exemptions.
Maryland SB859 mandates that appointing authorities select chief financial officers meeting specific experience criteria. It requires these officers to provide financial information to the Office of the Comptroller for the annual comprehensive financial report. The bill also outlines qualifications for chief financial officers, including experience in fiscal management and high-level management positions. Additionally, it allows for exemptions to the state pay plan to aid in recruiting and retaining qualified chief financial officers.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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