MD HB882 | 2020 | Regular Session

Note: Carry Foward to future HB305

Status

Sponsorship: Slight Partisan Bill (Democrat 4-2)
Status: Engrossed on March 12 2020 - 50% progression, died in chamber
Action: 2020-03-18 - Third Reading Passed (45-0)
Text: Latest bill text (Engrossed) [PDF]

Summary

Requiring the holder of presumed abandoned property valued at $1,000 or more to send certain written notice to the apparent owner by registered mail requiring a signature, rather than by first-class mail; requiring the holder of abandoned property valued at $1,000 or more to keep records relating to that property for at least 3 years; requiring that certain records be sufficient to allow a person who is able to recover the abandoned property to establish a tax basis; etc.

Tracking Information

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Title

Financial Institutions - Abandoned Property - Notice and Records

Sponsors


Roll Calls

2020-03-18 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]
2020-03-12 - House - Third Reading Passed (Y: 132 N: 0 NV: 2 Abs: 7) [PASS]

History

DateChamberAction
2020-03-18SenateThird Reading Passed (45-0)
2020-03-18SenateSecond Reading Passed with Amendments
2020-03-18SenateFloor Amendment {773822/1 (Senator Feldman) Adopted
2020-03-18SenateFavorable with Amendments {997277/1 Adopted
2020-03-18SenateFavorable with Amendments Report by Finance
2020-03-16SenateHearing 3/17 at 1:00 p.m.
2020-03-15SenateReferred Finance
2020-03-12HouseThird Reading Passed (132-0)
2020-03-12HouseSecond Reading Passed with Amendments
2020-03-12HouseFavorable with Amendments {713094/1 Adopted
2020-03-12HouseFavorable with Amendments Report by Economic Matters
2020-02-10HouseHearing 3/06 at 1:00 p.m.
2020-02-03HouseFirst Reading Economic Matters

Same As/Similar To

HB882 (Carry Over) 2020-03-18 - Third Reading Passed (45-0)

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Commercial Law17308.2(n/a)See Bill Text
Commercial Law17310(n/a)See Bill Text
Commercial Law17312(n/a)See Bill Text

Maryland State Sources


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