MD HB1403 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 7 2020 - 25% progression, died in chamber
Action: 2020-03-12 - Unfavorable Report by Economic Matters
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2020 - 25% progression, died in chamber
Action: 2020-03-12 - Unfavorable Report by Economic Matters
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibiting certain State banks and credit unions from providing financing for or investing in certain securities of an institution, a company, or a subsidiary that owns a private correctional facility or contracts as a private contractor or vendor for the ownership, operation, or management of a State correctional facility, local correctional facility, or county detention center.
Title
Financial Institutions - State Banks - Investing in For-Profit Correctional Facilities - Prohibited
Sponsors
| Del. Nick Mosby [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-03-12 | House | Unfavorable Report by Economic Matters |
| 2020-02-10 | House | Hearing 3/06 at 1:00 p.m. |
| 2020-02-07 | House | First Reading Economic Matters |
Subjects
Banks and Trust Companies
Contractors
Contracts
Correctional Institutions
Ethics
Financial Institutions
Investments
Loans
Securities
Contractors
Contracts
Correctional Institutions
Ethics
Financial Institutions
Investments
Loans
Securities
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Financial Institutions | 1 | 101 | (n/a) | See Bill Text |
| Financial Institutions | 5 | 503.1 | (n/a) | See Bill Text |
| Financial Institutions | 6 | 101 | (n/a) | See Bill Text |
| Financial Institutions | 6 | 705 | (n/a) | See Bill Text |
