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2015 Regular Session



State Aid - Business Transparency and Financial Disclosure Act

Sponsored by:

Delegate McMillan


In the House - Unfavorable Report by Health and Government Operations; Withdrawn

Synopsis:Requiring corporations that receive at least $50,000 in specified State subsidies to file a specified disclosure report with the granting body that provides the subsidy; requiring the disclosure report to contain specified information; requiring the disclosure report to be provided on or before December 31 of each year during which the recipient corporation receives a State subsidy; requiring a granting body to publish a compilation of the disclosure reports on its Web site on or before April 1 of each year; defining terms; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates McMillan, Pena-Melnyk, and Reznik
Additional Facts:Introduced in a prior session as: HB1086 Session: 2014 Regular Session
Bill File Type: Regular
Effective Date(s): October 1, 2015
Health and Government Operations  View Committee Hearing
Broad Subject(s):State Government - Agencies, Offices, and Officials
Narrow Subject(s):Administrative Agencies -see also- Electronic Government
Associations -see also- Cooperative Associations
Business and Economic Development, Department of
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Corporations -see also- Municipal Corps; Public Corps & Inst
Electronic Government
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Loans -see also- Mortgages
Public Information
Salaries and Compensation -see also- Overtime; Reimb. Rates
State Aid
Tax Credits -see also- Circuit Breaker
Work, Labor and Employment -see also- Col Barg; Holiday; etc
Statutes:Article - State Finance and Procurement

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Explanation of Floor Motions and Actions

November 20, 2015 7:18 P.M.