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2014 Regular Session



State Aid - Business Transparency and Financial Disclosure Act

Sponsored by:

Delegate McMillan


In the Senate - Hearing 3/19 at 1:45 p.m.

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 (Revised)
All Sponsors:Delegates McMillan, Costa, Elliott, A. Kelly, Krebs, Murphy, Oaks, Pena-Melnyk, and Stocksdale
Additional Facts:Introduced in a prior session as: HB1231 Session: 2013 Regular Session
Bill File Type: Regular
Effective Date(s): October 1, 2014
Health and Government Operations   View Committee HearingBudget and Taxation   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
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Loans -see also- Mortgages
Public Information
Salaries and Compensation -see also- Overtime; Reimb. Rates
State Aid
Tax Credits -see also- Circuit Breaker
Telecommunications and Information Technology
Work, Labor and Employment -see also- Col Barg; Holiday; etc

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October 24, 2017 1:52 P.M.