Treasurer of Maryland

Treasurer of Maryland

The Treasurer of Maryland (as of 2006 Nancy K. Kopp) is the principal custodian of the State's cash deposits, monies from bond sales, and other securities and collateral and directs the investments of those assets. The Treasurer is elected by a joint ballot of both houses of the General Assembly, a tradition begun starting with the Maryland Constitution of 1851, which also created the Board of Public Works (see below).

Because of the close relationship with the General Assembly, the Treasurer briefs the members of the Legislature on matters concerning the State Treasury. The Treasurer is also responsible for producing an annual report to provide the Governor, the General Assembly, and the public with current information about the operations of the State Treasurer's Office.

From 1775 until 1843, Maryland had a separate state treasurer for both the eastern and western shores. In 1843, the office of the Treasurer of the Eastern Shore was abolished, and the Treasurer of the Western Shore assumed responsibility for both shores. In 1852 the position was re-named to account for the entire state. The term length of treasurers was initially two years, but was increased to four years in 1922.

Treasurers of Maryland 1775 to 1852

Treasurers of the Eastern Shore of Maryland

References

* [http://www.mdarchives.state.md.us/msa/speccol/sc2600/sc2685/html/treas.html List of Maryland Treasurers at the Maryland Archives]
* [http://www.treasurer.state.md.us/ State of Maryland Treasurer's Office]


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