MD HB949 | 2016 | Regular Session

Maryland House Bill 949 (Prior Session Legislation)

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on February 10 2016 - 25% progression, died in chamber
Action: 2016-03-08 - Unfavorable Report by Health and Government Operations; Withdrawn
Text: Latest bill text (Introduced) [PDF]

Summary

Authorizing a percentage not exceeding 2% of the principal of a perpetual care trust fund to be loaned to a specified person that established the perpetual care trust fund to be used for specified capital expenditures; providing for the term and interest rate of a specified loan; and requiring a specified person to include a description of a specified loan, including specified information, in a specified report submitted to the Director of the Office of Cemetery Oversight.

Title

Cemeteries - Perpetual Care Trust Fund - Loan of Principal for Capital Expenditures

History

Date	Chamber	Action
2016-03-08	House	Unfavorable Report by Health and Government Operations; Withdrawn
2016-02-24	House	Hearing 2/24 at 1:00 p.m.
2016-02-10	House	First Reading Health and Government Operations

Subjects

Business Regulation and Occupations
Capital Budgets
Cemeteries
Interest
Land Preservation Trusts
Loans
Reports

Maryland State Sources

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0949?ys=2016rs
Text	https://mgaleg.maryland.gov/2016RS/bills/hb/hb0949f.pdf
Supplement	https://mgaleg.maryland.gov/2016RS/fnotes/bil_0009/hb0949.pdf
Supplement	https://mgaleg.maryland.gov/2016RS/votes_comm/hb0949_hgo.pdf