Legislation

Title: Financial Institutions - State Banks - Investing in For-Profit Correctional Facilities - Prohibited
Sponsored by: Delegate Mosby
Status: In the House - Unfavorable Report by Economic Matters
Analysis: Fiscal and Policy Note

Synopsis

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.

Committees

Original:: Economic Matters Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): October 1, 2020

History

Legislation History
Chamber House Calendar Date 2/07/2020 Legislative Date 2/07/2020 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions - State Banks - Investing in For-Profit Correctional Facilities - Prohibited Proceedings
Chamber House Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing 3/06 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/12/2020 Legislative Date 3/12/2020 Action Unfavorable Report by Economic Matters Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/07/2020	2/07/2020	First Reading Economic Matters
			Text - First - Financial Institutions - State Banks - Investing in For-Profit Correctional Facilities - Prohibited
House	2/10/2020	2/10/2020	Hearing 3/06 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/12/2020	3/12/2020	Unfavorable Report by Economic Matters

File Code

Subjects

Statutes