Legislation

Title: Institutions of Postsecondary Education - Institutional Debt - Report
Sponsored by: Delegates Lopez and Griffith
Status: In the House - Hearing 2/20 at 12:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Requiring institutions of postsecondary education to submit a report on institutional debt to the Maryland Higher Education Commission by October 1 each year, beginning in 2025; authorizing the Commission to assess a civil penalty, up to $10,000 per violation, against an institution for failure to submit a report or knowingly including inaccurate information in a report; and establishing certain notice, appeal, and hearing procedures that the Commission must follow before assessing a civil penalty.

Committees

Original:: Appropriations Click to view Recorded Media

Committee Testimony

Witness List

Details

Introduced in a prior session as: HB0522 Session: 2023 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2024

Bill imposes a local government mandate, which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit

History

Legislation History
Chamber House Calendar Date 1/26/2024 Legislative Date 1/26/2024 Action First Reading Appropriations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Institutions of Postsecondary Education - Institutional Debt - Report Proceedings
Chamber House Calendar Date 2/01/2024 Legislative Date 2/01/2024 Action Hearing 2/20 at 12:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/26/2024	1/26/2024	First Reading Appropriations
			Text - First - Institutions of Postsecondary Education - Institutional Debt - Report
House	2/01/2024	2/01/2024	Hearing 2/20 at 12:00 p.m.

File Code

Subjects

Statutes