Legislation

Title: Institutions of Postsecondary Education - Institutional Debt - Report
Sponsored by: Delegates Lopez, Feldmark, Griffith, Harris, Kaufman, Pasteur, Queen, Rogers, Ruth, Stewart, Terrasa, and Vogel
Status: In the House - Hearing 3/07 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Requiring institutions of postsecondary education to submit a report on institutional debt to the Maryland Higher Education Commission each year beginning October 1, 2024 and each October 1 thereafter; authorizing the Commission to assess a civil penalty, up to $10,000 per violation, against an institution for failure to submit a report or knowingly including inaccurate information in a report; and establishing certain notice, appeal, and hearing procedures before a civil penalty may be assessed against an institution.

Committees

Original:: Appropriations Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2023

History

Legislation History
Chamber House Calendar Date 2/01/2023 Legislative Date 2/01/2023 Action First Reading Appropriations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Institutions of Postsecondary Education - Institutional Debt - Report Proceedings
Chamber House Calendar Date 2/10/2023 Legislative Date 2/10/2023 Action Hearing 3/07 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/01/2023	2/01/2023	First Reading Appropriations
			Text - First - Institutions of Postsecondary Education - Institutional Debt - Report
House	2/10/2023	2/10/2023	Hearing 3/07 at 1:00 p.m.

File Code

Subjects

Statutes