MD HB759 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on April 18 2017 - 100% progression
Action: 2017-04-18 - Approved by the Governor - Chapter 358
Text: Latest bill text (Chaptered) [PDF]

Summary

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.

Tracking Information

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Title

Corporations - Formation of a Holding Company by Merger

Sponsors


Roll Calls

2017-04-01 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2017-03-10 - House - House Floor - Third Reading Passed (136-0) (Y: 136 N: 0 NV: 2 Abs: 3) [PASS]

History

DateChamberAction
2017-04-18HouseApproved by the Governor - Chapter 358
2017-04-07HouseReturned Passed
2017-04-07SenateThird Reading Passed (46-0)
2017-03-30SenateSecond Reading Passed
2017-03-30SenateFavorable Report Adopted
2017-03-30SenateFavorable Report by Judicial Proceedings
2017-03-13SenateFirst Reading Judicial Proceedings
2017-03-10HouseThird Reading Passed (136-0)
2017-03-08HouseSecond Reading Passed
2017-03-08HouseFavorable Report Adopted
2017-03-07HouseFavorable Report by Economic Matters
2017-02-22HouseHearing 2/22 at 1:00 p.m.
2017-02-02HouseFirst Reading Economic Matters

Subjects


Maryland State Sources


Bill Comments

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