STATE TREASURER

STATE TREASURERS


[photo, Nancy K. Kopp, State Treasurer of Maryland] NANCY K. KOPP
State Treasurer (Democrat)

State Treasurer, February 14, 2002 to December 2021 (elected February 5, 2002, sworn in February 14, 2002; re-elected January 31, 2003, sworn in February 4, 2003; re-elected and sworn in February 1, 2007; re-elected and sworn in February 24, 2011; re-elected and sworn in February 25, 2015; re-elected and sworn in February 19, 2019).


Chair, Capital Debt Affordability Committee, 2002-21; Commission on State Debt, 2002-21; College Savings Plans of Maryland Board, 2003-16; Board of Trustees, State Retirement and Pension System, 2007-21 (investment committee, 2002-21; administrative committee; audit committee; corporate governance committee; vice-chair, 2002-07); Maryland 529 Board, 2016-21. Member, Procurement Advisory Council, 2002-19; Board of Public Works, 2002-21; Board of Trustees, Maryland Agricultural Land Preservation Foundation, 2002-21; Board of State Canvassers, 2002-21; Governor's Salary Commission, 2002-21; Hall of Records Commission, 2002-21; Maryland Health and Higher Educational Facilities Authority, 2002-21; Board of Revenue Estimates, 2002-21; Maryland Small Business Development Financing Authority, 2002-21; Maryland State Employees Surety Bond Committee, 2002-21; Board of Trustees, Maryland Teachers and State Employees Supplemental Retirement Plans, 2002-21. Board of Advisors, Institute of Human Virology, University of Maryland School of Medicine. Team member, Financial Education College Access and Success Grant Project, State Department of Education, 2010-21. Member, Financial Education and Capability Commission, 2012-21; Council for the Procurement of Health, Educational and Social Services, 2012-21; Maryland Green Purchasing Committee, 2014-21; Commission on Maryland Retirement Security and Savings, 2015-16; Task Force to Study Family and Medical Leave Insurance, 2016-18; Maryland Commission on Climate Change, 2016-21; Maryland Small Business Retirement Savings Board, 2016-21. Member, External Advisory Board, School of Public Policy, University of Maryland Baltimore County, 2016-21; Coast Smart Council, 2018-21; Work Group on the Assessment and Funding of School Facilities, 2018-21; Objective Criteria Committee, State Retirement and Pension System, 2018-21; Procurement Improvement Council, 2019-21; Maryland Efficient Grant Application Council, 2020-21; Commission for the Innovation & Advancement of Carbon Markets & Sustainable Tree Plantings, 2021. Board of Directors, Maryland Environmental Service, 2021.

Chair, Task Force to Study Public School Facilities, 2002-04. Member, Maryland Higher Education Investment Program Board, 2002-03; Task Force to Study Efficiency in Procurement, 2003. Chair, University System of Maryland Financial Aid Task Force, 2004. Member, State Planning Committee for Higher Education, 2004; Task Force on the Exemption of Law Enforcement Officers' Pensions from Taxation, 2004-05; Task Force on Lending Equity within Financial Institutions Providing State Depository Services, 2004-05; Task Force to Study Retiree Health-Care Funding Options, 2005; Advisory Committee on the Naming of State Facilities, Roads, and Bridges, 2005-06; Blue Ribbon Commission to Study Retiree Health-Care Funding Options, 2007-09; Task Force to Study the Procurement of Health and Social Services by State Agencies, 2008-10; Task Force to Study How to Improve Financial Literacy in the State, 2009-10; Task Force to Study the Procurement of Health, Education, and Social Services by State Agencies, 2010-12; Public Employees' and Retirees' Benefit Sustainability Commission, 2010-12; Joint Legislative and Executive Commission on Oversight of Public-Private Partnerships, 2010-12; Task Force to Ensure Retirement Security for All Marylanders, 2014-15; Climate Change Commission, 2014-16; Task Force on the Maryland Achieving a Better Life Experience (ABLE) Program, 2015-16; Commission to Modernize State Procurement, 2016; 21st Century School Facilities Commission, 2016-17.

Member, House of Delegates, January 8, 1975 to February 5, 2002, representing District 16, Montgomery County. Member, Appropriations Committee, 1975-2002 (education & human resources subcommittee, 1991; education & transportation subcommittee, 1992-94; capital budget subcommittee, 1992-2002; oversight committee on pensions, 1993-2002; chair, education & economic development subcommittee, 1995-2002). Assistant Majority Leader, 1987-90. Speaker Pro Tem, 1991-92. Member, Joint Legislative Work Group on Community College Financing, 1994-95; Joint Committee on State Economic Development Initiatives, 1995-96; Rules and Executive Nominations Committee, 1995-2002. House Chair, Spending Affordability Committee, 1995-2002. Member, Joint Committee on the Selection of the State Treasurer, 1996; Special Joint Committee on Competitive Taxation and Economic Development, 1996-97; Special Committee on School Enrollment Management, 1996-97. Treasurer, Maryland Order of Women Legislators, 1975-79. President, Women Legislators of Maryland, 1996-97. Chair, Legislative Study Group, 1977-78. Member, Southern Regional Education Board, 1987-2002 (treasurer; executive committee; legislative advisory council; chair, commission on education goals). Member, Bi-County Committee, Montgomery County Delegation. Executive Committee, National Conference of State Legislatures, 1991-94 (chair, task force on the legislative institution, 1991-95). Co-Chair, National Commission on State and Local Public Budgeting, 1996-98. Presidential appointee, National Assessment Governing Board, 1998-2002.

Member, Commission on Compensation and Personnel Policies, 1979-86; Task Force on Student Financial Aid; Information Practices Commission, 1980-81; Joint Legislative and Executive Committee on Pensions, 1983; Task Force to Study Flexibility for Higher Education, 1983-85; Commission on Excellence in Higher Education, 1985-87; Community Services Advisory Commission, 1986-2002; Project Advisory Council, Children and Family Services Reform Initiative, 1988-96; Advisory Committee for Educational Block Grants, 1992-94; Governor's Work Force Investment Board, 1995-2002; Governor's Task Force on Children, Youth, and Families Systems Reform, 1996; Task Force on Education Funding Equity, Accountability, and Partnerships, 1997-98; Maryland School Performance Assessment Program Review Panel, 1997-2002. Vice-Chair, Task Force to Study the Governance, Coordination, and Funding of the University System of Maryland, 1998-99. Member, Juvenile Offender Aftercare Assessment Team, 1999-2000; Strategic Committee on the State Plan for Higher Education, 1999-2000; Task Force to Study College Readiness for Disadvantaged and Capable Students, 2000-01; Task Force to Study Lighting Efficiency and Light Pollution in Maryland, 2001-02.

Born in Coral Gables, Florida, December 7, 1943. Wellesley College, B.A. (political science), 1965; University of Chicago, M.A. (government & public administration), 1967, Ph.D. studies as National Defense Education Fellow. Political scientist. Staff to U.S. Representative Edith Green (Oregon) and House Committee on Education and Labor, 1966-71. Secretary, Democratic State Central Committee of Maryland. Member, Women's Suburban Democratic Club; League of Women Voters; American Association of University Women (AAUW). Executive Board, Jewish Social Services Agency of Greater Washington, 1991-96. Board of Directors, Leadership Maryland, Inc. Member, National Association of State Treasurers, 2002-. Chair, Northeast State Treasurers, 2004-07. Delegate, Democratic Party National Convention, 2008. President, National Association of State Auditors, Comptrollers, and Treasurers, 2010-11 (executive committee, 2004-; secretary, 2007-08; 1st vice-president, 2009-10). Member, High School Achievement Commission, National Assessment of Educational Progress, 2010-. Board of Trustees, Financial Accounting Foundation, 2014-. Board of Advisors, College of Computer, Mathematical and Physical Sciences, University of Maryland, College Park. Board of Advisors, Universities at Shady Grove. Outstanding Young Woman of Maryland, 1978. Awards from AAUW; Maryland Victim Advocacy Network; Maryland Independent Colleges and Universities; Maryland Classified Employees Association. Outstanding Legislator, Microenterprise Council of Maryland, 2000. Friend of Maryland Education, Citigroup and State Department of Education, 2002. Recognition Award, Maryland Association of Counties, 2005. Maryland's Top 100 Women, Daily Record, 2005, 2008. Harlan Boyles - Edward T. Alter Distinguished Service Award, National Association of Treasurers, 2010. Influential Marylanders, Daily Record, 2011. Maryland Women's Hall of Fame, 2012. Jesse M. Unruh Award, National Association of State Treasurers, 2012. Outstanding Service Award, University of Maryland College Park Foundation, 2013. Alumnae Achievement Award, Wellesley College, 2015. Hall of Fame, National Association of State Auditors, Comptrollers, and Treasurers, 2016. Honorary degrees from University of Maryland, Baltimore; University of Maryland University College; Towson University; Hood College. Sarah T. Hughes Fellow, Goucher College. Yale Gordon Public Affairs Fellow, University of Baltimore. Married; two children, three grandchildren.


NANCY K. KOPP

Elected in February 2002, and re-elected to full four-year terms in 2003, 2007, 2011, 2015, and 2019, Nancy K. Kopp is the 23rd Maryland State Treasurer since the adoption of the Constitution of 185l. She is the second woman ever to serve as Marylandís State Treasurer and is presently the only woman serving Maryland in a constitutional office. In addition to her responsibilities for managing the Office of State Treasurer, as a constitutional officer and a representative of the General Assembly, the Treasurer serves on a number of key State boards and financial planning committees.

Treasurer Kopp chairs both the Capital Debt Affordability Committee and the Commission on State Debt, and is a member of Marylandís Board of Revenue Estimates. She is the chief representative of the State dealing with financial rating agencies and investment banking firms. The Treasurer also serves as Chair of both the Board of Trustees of the Maryland State Retirement and Pension Systems and the Maryland 529 College Savings Board, and is a member of the Maryland Supplemental Retirement Board, the Maryland Health and Higher Education Financing Authority, the Maryland Agricultural Land Preservation Foundation Board, the Hall of Records Commission, the Maryland Small Business Retirement Savings Board, the Financial Education and Capability Commission, the Procurement Improvement Council, the Maryland Commission on Climate Change, and the Coast Smart Council. Unique among the Treasurerís responsibilities is her position on the Board of Public Works with the Governor and the Comptroller of Maryland. This Board oversees a substantial portion of the procurement contracts of the State.

Prior to her election as State Treasurer, Ms. Kopp represented the Bethesda area in the Maryland House of Delegates for 27 years. As a member of the House of Delegates, she chaired the Joint Committee on Spending Affordability, as well as the Appropriations Subcommittee on Education and Economic Development. She also served on the Capital Budget Subcommittee, the Subcommittee on Pensions, and the Joint Committee on Budget and Audit, and, at various times, as Deputy Majority Leader and Speaker Pro Tem. During her legislative career, Ms.Kopp was named by her colleagues as the most effective woman legislator and one of the ten most effective members of the House of Delegates.

During her career, Treasurer Kopp has been active in numerous national, regional and state organizations and boards, primarily focused on finance, education, and fiscal matters. Appointed by President Clinton to the National Assessment Governing Board, Treasurer Kopp served as Treasurer of the Southern Regional Education Board, chairing its Commission on Educational Quality. She also served on the Executive Committee of the National Conference of State Legislatures, chairing its Assembly on Legislative Issues and Committees on Federal Budget Issues, State Fiscal Issues, and Capital Budgeting Procedures. Moreover, Treasurer Kopp was chosen Vice-Chair of the National Commission on State and Local Budget and Finance Procedures, and served as President of the National Association of State Auditors, Comptrollers and Treasurers, and as a trustee of the Financial Accounting Foundation.

A graduate of Wellesley College, Treasurer Kopp holds a masterís degree in Government from the University of Chicago. In 2012, Treasurer Kopp was inducted into the Maryland Womenís Hall of Fame and, in 2015, received the Wellesley College Alumnae Achievement Award, the highest honor given to alumnae for excellence and distinction in their fields of endeavor. Treasurer Kopp and her husband, Robert Kopp, live in Bethesda and have two adult children and three grandchildren.

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