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ANNAPOLIS, Md. (AP) — Maryland Treasurer Nancy Kopp announced Monday she volition measurement down by the extremity of the year.
Kopp, a Democrat, has been treasurer since 2002. She has been re-elected by the General Assembly to 5 four-year terms.
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The treasurer holds 1 of 3 seats connected the state’s almighty Board of Public Works, which oversees a ample information of authorities procurement contracts. The different 2 committee members are the politician and comptroller.
As treasurer, Kopp has served arsenic the state’s main typical dealing with enslaved standing agencies and banking firms, liable for receiving, depositing, investing, and distributing authorities funds.
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The treasurer besides leads respective cardinal authorities boards and fiscal readying committees, including the Maryland State Retirement and Pension Systems.
State instrumentality requires the General Assembly’s Senate president and House talker to name a committee to reappraisal candidates for the opening erstwhile Kopp steps down. That process volition statesman successful the coming weeks.
Before Kopp became treasurer, she represented the Bethesda country successful the House of Delegates for 27 years.
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CBS Baltimore Staff
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