Mergers And Acquisitions
Maryland 2016 Regular Session
Housing and Community Development - Community Development Program Act [SB-836]
Establishing the Community Development Program in the Department of Housing and Community Development; requiring the Department to perform specified duties; establishing the Community Development Board in the Department; requiring the Board to perform specified duties; establishing the Community Development Fund as a special, nonlapsing fund; specifying the purpose of the Fund; requiring the Department to administer the Fund; providing for the imposition of the community development transfer tax under specified circumstances; etc.
Sponsored by: Sen. William Ferguson
Hearing 3/09 At 1:00 P.m. on 03/09/2016
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Gettr Maryland 2016 Regular Session
Corporations - Formation of a Holding Company by Merger [SB-1056]
Establishing a process for the formation of a specified holding company through the merger of a Maryland parent corporation with or into a specified wholly owned subsidiary of the Maryland parent corporation; providing that a vote of the stockholders of the parent corporation is not necessary to authorize the merger except under specified circumstances; requiring that the merger be approved by a majority of the entire board of directors of the parent corporation; etc.
Sponsored by: Sen. Brian Feldman
Hearing 3/17 At 1:00 P.m. on 03/17/2016
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Maryland 2016 Regular Session
Corporations - Formation of a Holding Company by Merger [HB-1513]
Establishing a process for the formation of a specified holding company through the merger of a Maryland parent corporation with or into a specified wholly owned subsidiary of the Maryland parent corporation; providing that a vote of the stockholders of the parent corporation is not necessary to authorize the merger except under specified circumstances; requiring that the merger be approved by a majority of the entire board of directors of the parent corporation; etc.
Sponsored by: Sen. Benjamin Kramer
First Reading House Rules And Executive Nominations on 02/17/2016
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Maryland 2016 Regular Session
Housing and Community Development - Community Development Program Act [HB-1274]
Establishing the Community Development Program in the Department of Housing and Community Development; requiring the Department to perform specified duties; establishing the Community Development Board in the Department; requiring the Board to perform specified duties; establishing the Community Development Fund as a special, nonlapsing fund; specifying the purpose of the Fund; requiring the Department to administer the Fund; providing for the imposition of the community development transfer tax under specified circumstances; etc.
Sponsored by: Rep. Sheila Hixson
Hearing 3/01 At 1:00 P.m. (environment And Transportation) on 03/01/2016
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Maryland 2015 Regular Session
Corporations - Maryland General Corporation Law - Miscellaneous Provisions [SB-681]
Clarifying the rights of a subscriber for shares of stock of a corporation; providing that an individual, whether or not then a director, may assent to an action by a consent that will be effective at a future time under specified circumstances; providing that a person, whether or not then a stockholder, may assent to an action by a consent that will be effective at a future date that is no later than 60 days after the consent is delivered to the corporation or its agent; etc.
Sponsored by: Sen. Brian Feldman
Third Reading Passed (47-0) on 04/13/2015
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Maryland 2015 Regular Session
Telephone Companies - Streamlined Regulatory Requirements [SB-207]
Narrowing the types of services of a telephone company that are regulated by the Public Service Commission by altering a specified definition; providing that the Commission may allow a specified telephone company to provide a regulated service without requiring the telephone company to file a specified tariff schedule if the Commission finds that it is in the public interest; requiring the Commission to make a specified determination on specified services on or before September 1, 2015; etc.
Sponsored by: Sen. Delores Kelley
Vetoed By The Governor (duplicative) on 05/12/2015
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Maryland 2015 Regular Session
Budget Reconciliation and Financing Act of 2015 [HB-72]
Authorizing or altering the distribution of specified revenue; increasing from 2 to 3 years the maximum number of years the Department of Health and Mental Hygiene may renew a registration of specified controlled dangerous substances; expanding the uses for which the Department of the Environment may use money in the Maryland Oil Disaster Containment, Clean-Up and Contingency Fund; requiring a local school system with a specified structural deficit to provide specified notifications under specified circumstances; etc.
Sponsored by: Rep. The Speaker
Enacted Under Article Ii, Section 17(c) Of The Maryland Constitution - Chapter 489 on 05/30/2015
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Maryland 2015 Regular Session
Corporations - Maryland General Corporation Law - Miscellaneous Provisions [HB-522]
Clarifying the rights of a subscriber for shares of stock of a corporation; providing that an individual, whether or not then a director, may assent to an action by a consent that will be effective at a future time under specified circumstances; providing that a person, whether or not then a stockholder, may assent to an action by a consent that will be effective at a future date that is no later than 60 days after the consent is delivered to the corporation or its agent; etc.
Sponsored by: Sen. Benjamin Kramer
Approved By The Governor - Chapter 256 on 05/12/2015
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Maryland 2015 Regular Session
Telephone Companies - Streamlined Regulatory Requirements [HB-472]
Narrowing the types of services of a telephone company that are regulated by the Public Service Commission by altering a specified definition; providing that the Commission may allow a specified telephone company to provide a regulated service without requiring the telephone company to file a specified tariff schedule if the Commission finds that it is in the public interest; providing that specified transactions do not require specified prior authorization from the Commission; etc.
Sponsored by: Rep. Sally Jameson
Approved By The Governor - Chapter 250 on 05/12/2015
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Maryland 2014 Regular Session
Corporations and Real Estate Investment Trusts - Miscellaneous Provisions [SB-713]
Providing that a Maryland corporation or a real estate investment trust has the power to renounce specified business opportunities in its charter or declaration of trust or by a specified resolution; repealing specified provisions of law relating to dividends payable in shares of one class of a corporation's stock to holders of shares of another class of the corporation's stock; altering the circumstances under which a corporation registered as an open-end company may redeem shares of its stock from any stockholder; etc.
Sponsored by: Sen. Brian Feldman
Approved By The Governor - Chapter 550 on 05/15/2014
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Maryland 2014 Regular Session
Health Services Cost Review Commission - Powers and Duties, Regulation of Facilities, and Maryland All-Payer Model Contract [SB-335]
Authorizing the Health Services Cost Review Commission, consistent with Maryland's all-payer model contract, to establish hospital rate levels and rate increases in a specified manner and promote and approve specified alternative methods of rate determination and payment; increasing the total amount of user fees that the Commission may assess on specified facilities; altering the contents of a specified annual report the Commission is required to submit to specified individuals and the General Assembly; etc.
Sponsored by: Sen. Thomas Middleton
Hearing 3/20 At 1:00 P.m. on 03/20/2014
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Maryland 2014 Regular Session
Corporations and Real Estate Investment Trusts - Miscellaneous Provisions [HB-916]
Providing that a Maryland corporation or a real estate investment trust has the power to renounce specified business opportunities in its charter or declaration of trust or by a specified resolution; repealing specified provisions of law relating to dividends payable in shares of one class of a corporation's stock to holders of shares of another class of the corporation's stock; altering the circumstances under which a corporation registered as an open-end company may redeem shares of its stock from any stockholder; etc.
Sponsored by: Sen. Benjamin Kramer
Approved By The Governor - Chapter 551 on 05/15/2014
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Maryland 2014 Regular Session
Health Services Cost Review Commission - Powers and Duties, Regulation of Facilities, and Maryland All-Payer Model Contract [HB-298]
Authorizing the Health Services Cost Review Commission, consistent with Maryland's all-payer model contract, to establish hospital rate levels and rate increases in a specified manner and promote and approve specified alternative methods of rate determination and payment; increasing the total amount of specified user fees that the Commission may assess; requiring the Commission to make a report, beginning October 1, 2014, and every 6 months thereafter, to specified individuals and the General Assembly; etc.
Sponsored by: Sen. Nathaniel Oaks
Approved By The Governor - Chapter 263 on 05/05/2014
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Maryland 2013 Regular Session
Corporations and Real Estate Investment Trusts - Miscellaneous Provisions [SB-578]
Providing that a Maryland corporation or a real estate investment trust has the power to renounce specified business opportunities in its charter or declaration of trust or by a specified resolution; repealing specified provisions of law relating to dividends payable in shares of one class of a corporation's stock to holders of shares of another class of the corporation's stock; etc.
Sponsored by: Sen. Jamin Raskin
Third Reading Passed (42-0) on 04/02/2013
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Maryland 2013 Regular Session
Corporations and Real Estate Investment Trusts - Miscellaneous Provisions [HB-882]
Providing that a Maryland corporation or a real estate investment trust has the power to renounce specified business opportunities in its charter or declaration of trust or by a specified resolution; repealing specified provisions of law relating to dividends payable in shares of one class of a corporation's stock to holders of shares of another class of the corporation's stock; altering the circumstances under which a corporation registered as an open-end company may redeem shares of its stock from any stockholder; etc.
Sponsored by: Sen. Brian Feldman
Hearing 4/05 At 1:00 P.m. on 04/05/2013
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Maryland 2012 Special Session
Budget Reconciliation and Financing Act of 2012 [SB-1301]
Altering or repealing specified required appropriations; altering the distribution of specified revenues; altering or repealing specified funding requirements; altering the authorized use of specified funds; authorizing the transfer of specified funds; etc.
Sponsored by: No sponsors
Approved By The Governor on 05/22/2012
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Maryland 2012 Special Session
Budget Reconciliation and Financing Act of 2012 [HB-1801]
Altering or repealing specified required appropriations; altering the distribution of specified revenues; altering or repealing specified funding requirements; altering the authorized use of specified funds; authorizing the transfer of specified funds; etc.
Sponsored by: No sponsors
First Reading Appropriations on 05/14/2012
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Maryland 2012 Regular Session
Corporations and Associations - Limited Liability Act - Revisions [SB-855]
Establishing that specified statutory provisions relating to limited liability companies apply unless otherwise agreed on in the limited liability company's articles of organization, in the operating agreement, or by unanimous consent; repealing the requirement that the purposes for which a limited liability company is formed be stated in the articles of organization; altering the requirements for a resident agent; repealing provisions relating to a member's authority regarding abandoning the business; etc.
Sponsored by: Sen. Jamin Raskin
Approved By The Governor on 05/22/2012
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Maryland 2012 Regular Session
Telephone Companies - Exemption from Prior Approval of Public Service [SB-813]
Exempting telephone companies from obtaining prior approval of the Public Service Commission before taking specified actions affecting a franchise or a right to a franchise; exempting telephone companies from obtaining prior approval before purchasing, acquiring, taking, or holding any part of the capital stock of another public service company; and exempting telephone companies from obtaining prior approval before taking specified actions relating to financing the telephone company.
Sponsored by: Sen. John Astle
Hearing 3/20 At 1:00 P.m. on 02/27/2012
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Maryland 2012 Regular Session
Public Service Commission - Application for Substantial Influence - Divestiture [SB-639]
Prohibiting the Public Service Commission from approving a specified application that requests authorization for Exelon Corporation to acquire the power to exercise substantial influence over the policies and actions of Baltimore Gas and Electric Company unless the Commission requires, as a condition of approval in an order under a specified case or any related or subsequent case, the resulting company to divest itself of Baltimore Gas and Electric Company; and making the Act an emergency measure.
Sponsored by: Sen. James Rosapepe
Unfavorable Report By Finance Withdrawn on 03/08/2012