ANNAPOLIS, Md. (AP) — Maryland Treasurer Nancy Kopp says she will step down by the end of the year. Kopp, a Democrat, made the announcement Monday.
She has been treasurer since 2002.
She has been re-elected by the General Assembly to five four-year terms.
The treasurer holds one of the three seats on the state’s powerful Board of Public Works, along with the governor and comptroller.
As treasurer, Kopp has served as the state’s chief representative dealing with bond rating agencies and banking firms.
State law requires the General Assembly’s Senate president and House speaker to appoint a committee to review candidates for the opening when Kopp steps down.
My statement on the retirement of Maryland State Treasurer Nancy Kopp: pic.twitter.com/wrWPVg7IfR
— Boyd Rutherford (@BoydKRutherford) October 19, 2021
It is difficult to imagine chairing a Board of Public Works meeting without Nancy Kopp. My full statement on her retirement: pic.twitter.com/miETcFuIbK
— Governor Larry Hogan (@GovLarryHogan) October 18, 2021