HOUSE BILL 245

File Code: Corporations and Associations Crossfiled with: SENATE BILL 720

Sponsored By:

Delegate Feldman

Entitled:

Real Estate Investment Trusts - Declaration of Trust and Bylaws

Synopsis:

Repealing a provision requiring that the annual meeting of shareholders provided for in a declaration of trust of a real estate investment trust be held after the delivery of the annual report; and repealing a cross-reference in a provision authorizing the trust's bylaws to be made dependent on facts ascertainable outside the bylaws.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.

House Action

1/29

First Reading Economic Matters

2/4

Hearing 2/11 at 1:00 p.m.

2/17

Favorable Report by Economic Matters

2/18

Favorable Report Adopted

Second Reading Passed

2/20

Third Reading Passed (136-0)

4/1

Returned Passed

Senate Action

2/23

First Reading Judicial Proceedings

4/3

Favorable Report by Judicial Proceedings

4/1

Favorable Report Adopted

Second Reading Passed

4/2

Third Reading Passed (47-0)

Action after passage in House and Senate

4/14

Approved by the Governor

- Chapter 94

Bill indexed under the following Subject:

Real Estate Investment Trusts

Bill affects the following Statute:

Corporations and Associations

( 8-202 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

February 20, 2009: Third Reading Passed (136-0)

Senate

April 2, 2009: Third Reading Passed (47-0)