2011 Regular Session

HOUSE BILL 1151

CHAPTER NUMBER: 501
File Code: Corporations and Associations Crossfiled with: SENATE BILL 595
Sponsored By:
Delegate Feldman
Entitled:
Corporations and Associations - Name Requirements for Benefit Corporations and Limited Liability Companies - Election to Be a Benefit Limited Liability Company

Synopsis:

Authorizing a Maryland limited liability company to elect to be a benefit limited liability company by including a specified statement in its articles of organization; specifying the process by which a limited liability company may terminate its status as a benefit limited liability company; requiring a clear reference to the fact that a limited liability company is a benefit limited liability company to appear prominently at the head of specified articles of organization or an amendment to the articles of organization; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/14
First Reading House Rules and Executive Nominations
2/28
Re-referred Economic Matters
3/1
Hearing 3/10 at 1:00 p.m.
3/25

Favorable with Amendments Report by Economic Matters
3/23
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/25
Third Reading Passed (135-1)
4/5
House Concur - Senate Amendments
Third Reading Passed (138-0)
Passed Enrolled
Senate Action
3/25
First Reading Judicial Proceedings
4/6
Favorable with Amendments Report by Judicial Proceedings
4/2
Favorable with Amendments
Special Order until 4/7 (Senator Ferguson) Adopted
4/3
Favorable with Amendments
Committee Amendment (Judicial Proceedings) Withdrawn
Favorable Report Adopted
Floor Amendment (Senator Raskin) Withdrawn
Special Order until later today (Senator Raskin) Adopted
Floor Committee Amendment (Judicial Proceedings) Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed with Amendments (47-0)
Action after passage in House and Senate
5/19
Approved by the Governor
- Chapter 501

Bill indexed under the following Subjects:

Corporations -see also- Municipal Corps; Public Corps & Inst
Disclosure
Electronic Commerce -see also- Electronic Funds Transfer
Limited Liability Companies
Names
Reports

Bill affects the following Statutes:

Corporations and Associations
( 1-502 , 4A-1101 , 4A-1101 , 4A-1102 , 4A-1102 , 4A-1103 , 4A-1103 , 4A-1104 , 4A-1105 , 4A-1106 , 4A-1107 , 4A-1108 , 5-6C-03 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
House
Number: 923191/01     Offered on: March 25, 2011   at: 12:23 p.m.     Status: Adopted
Senate
Number: 298771/01     Offered on: April 7, 2011   at: 11:08 a.m.     Status: Withdrawn
Number: 298771/02     Offered on: April 7, 2011   at: 1:24 p.m.     Status: Adopted
Number: 863025/01     Offered on: April 7, 2011   at: 11:09 a.m.     Status: Withdrawn
Committee Votes :
House
Economic Matters
Senate
Judicial Proceedings
Roll Call Votes (Legislative dates are shown):
House
March 25, 2011: Third Reading Passed (135-1)
April 5, 2011: Third Reading Passed (138-0)
Senate
April 4, 2011: Third Reading Passed (47-0)