ROBERT L. EHRLICH, JR., Governor                             Ch. 466

13-204.

(a) If a basis exists as described in § 13-201 of this subtitle for assuming
jurisdiction over the property of a minor or disabled person, the circuit court, without
appointing a guardian, may authorize or direct a transaction with respect to the
property, service, or care arrangement of the minor or disabled person. These
transactions include but are not limited to:

(4) Any other transaction described in:

(ii) [§ 9-201(c) of this article] TITLE 9, SUBTITLE 2 OF THIS
ARTICLE; or

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take
effect October 1, 2004.

Approved May 26, 2004.

CHAPTER 466
(Senate Bill 548)

AN ACT concerning

State Retiree Health Care Protection Act

FOR the purpose of creating a Postretirement Health Funding System Benefits Trust
Fund to assist in funding the postretirement health insurance subsidy for State
employees; authorizing the Board of Trustees for the State Retirement and
Pension System to commingle the assets of the Postretirement Health Benefits
Trust Fund with the assets of certain other State retirement and pension
systems; providing a certain method for funding the Postretirement Health
Funding System Benefits Trust Fund; requiring the Board of Trustees for the
State Retirement and Pension System to be the trustees for the Postretirement
Health Benefits Trust Fund; providing the Board of Trustees with certain
powers, duties and indemnification; authorizing the Board of Trustees to incur
certain investment and administrative expenses with regard to the
Postretirement Health Benefits Trust Fund; providing that the Board of
Trustees is not subject to certain provisions of the State Finance and
Procurement Article for certain purposes; providing that the funds of the
Postretirement Health Funding System Benefits Trust Fund be invested in a
certain manner; providing a certain method for the disbursement of funds from
the Postretirement Health Funding System Benefits Trust Fund; providing for
the transfer of funds from the Postretirement Health Funding System Benefits
Trust Fund to the General Fund under certain circumstances; requiring the
Board of Trustees to prepare a consolidated report on or before a certain date
each year that includes certain information; and generally relating to the
creation of the Postretirement Health Funding System Benefits Trust Fund.

BY repealing and reenacting, with amendments,

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