2006 Regular Session

SENATE BILL 1107

CHAPTER NUMBER: 33
EMERGENCY BILL
File Code: Utility Regulation
Sponsored By:
Senator Astle
Entitled:
Public Service Companies - Issuance and Holding of Capital Stock and Debt

Synopsis:

Providing that specified provisions of law do not prohibit a public service company from continuing to hold the capital stock of another public service company that it held on a specified date; providing that specified provisions of law do not apply to the issuance in a specified manner of stock, bonds, securities, notes, or other evidence of indebtedness by specified public service companies operating in Maryland that operate, but are not incorporated, in Maryland on or before a specified date; etc.

History by Legislative Date

Senate Action
3/30
First Reading Finance
Motion Rules Suspended for late introduction (Senator Astle) Adopted
Motion Rules Suspended Referred (Senator Astle) Adopted
Referred Finance
4/3
Favorable Report by Finance
3/31
Favorable Report Adopted
Second Reading Passed
Motion two readings same day Const/Rule 24 (Senator Astle) Adopted
Third Reading Passed (40-6)
4/2
Returned Passed
House Action
3/31
First Reading Economic Matters
4/5
Favorable Report by Economic Matters
4/1
Favorable Report Adopted
Second Reading Passed
Special Order later today (Delegate D. Davis) Adopted
Motion Rules Suspended two readings same day (Delegate D. Davis) Adopted (131-0)
Third Reading Passed (131-0)
Action after passage in Senate and House
4/6
Signed by the Governor Chapter 33

Bill indexed under the following Subjects:

BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.
SECURITIES
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Bill affects the following Statutes:

Public Utility Companies
( 5-203 , 6-101 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
Senate
March 31, 2006: Third Reading Passed (40-6)
House
April 1, 2006: Motion Rules Suspended two readings same day (Davis D) Adopted (131-0)
April 1, 2006: Third Reading Passed (131-0)