HARRY HUGHES, Governor 3631

SECTION 2. AND BE IT FURTHER ENACTED, That the Board of
Trustees for Maryland State Retirement and Pension Systems shall
directly encourage, and vote proxies in favor of resolutions
requiring, the corporations in which the systems have an
ownership interest to agree to abide by, implement, and
demonstrate that the corporation, at a minimum, is making
progress in implementing the following principles in the conduct
of its business in South Africa:

1. Nonsegregation of the races in all eating, comfort, and
work facilities;

2. Equal and fair employment practices for all employees;

3. Equal pay for all employees doing equal or comparable
work for the same period of time;

4. Initiation and development of training programs that
will prepare substantial numbers of black and other nonwhite
persons for supervisory, administrative, clerical, and technical
jobs;

5. Representation of black and other nonwhite persons in
management and supervisory positions in a proportion equal to
their percentage of the total population increasing the number of
Blacks, Coloureds, and Asians in management and supervisory
positions; and

6. Improvement in the quality of employees' lives outside
the work environment including, but not limited to, the areas of
housing, transportation, education, recreation, and health care.

SECTION 3. AND BE IT FURTHER ENACTED, That during the period
from July 1, 1985 until June 30, 1987, the Board of Trustees for
Maryland State Retirement and Pension Systems shall establish a
data base system and shall collect information pertinent to the
evaluation of the effect of the investment prohibition,
implemented in Section 1 of this Act, on the overall investment
performance of the State's pension portfolio.

By July 1, 1987, the Governor shall appoint a task force for
the purpose of: (i) receiving and reviewing the data and
information accumulated by the Board of Trustees regarding the
effect of the investment prohibition, implemented in Section 1 of
this Act, on the overall investment performance of the State's
pension portfolio; and (ii) conducting an assessment of the
effect of the investment prohibition.

The Governor, in consultation with the President of the
Senate and the Speaker of the House of Delegates, shall designate
the chairman of the task force and shall appoint the membership
of the task force.

The task force shall report its findings and recommendations
to the Governor and the Legislative Policy Committee of the