Legislation - HB0920

Title: Institutions of Postsecondary Education - Institutional Debt - Report
Sponsored by: Delegates Spiegel, Kaufman, Lopez, and Terrasa
Status: In the Senate - Hearing 4/02 at 3:00 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 2026; 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 and hearing procedures that the Commission must follow before assessing a civil penalty.

Committees

Original:: Appropriations Click to view Recorded Media

Opposite:: Education, Energy, and the Environment Click to view Recorded Media

Committee Testimony

Witness List

Details

Introduced in a prior session as: HB0708 Session: 2024 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2025

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 1/31/2025 Legislative Date 1/31/2025 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 2/08/2025 Legislative Date 2/08/2025 Action Hearing 2/18 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Appropriations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/10/2025 Legislative Date 3/10/2025 Action Favorable Report by Appropriations Proceedings
Chamber House Calendar Date 3/11/2025 Legislative Date 2/27/2025 Action Favorable Adopted Second Reading Passed Proceedings 39CClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Institutions of Postsecondary Education - Institutional Debt - Report Proceedings
Chamber House Calendar Date 3/11/2025 Legislative Date 2/28/2025 Action Third Reading Passed (131-7) Proceedings 40 Click to view Recorded Media
Chamber Senate Calendar Date 3/12/2025 Legislative Date 2/23/2025 Action Referred Education, Energy, and the Environment Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 3/18/2025 Legislative Date 3/18/2025 Action Hearing 4/02 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 4/02/2025 Legislative Date 4/02/2025 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 4/02/2025 Legislative Date 4/02/2025 Action Hearing 4/02 at 2:30 p.m. Proceedings
Chamber Senate Calendar Date 4/02/2025 Legislative Date 4/02/2025 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 4/02/2025 Legislative Date 4/02/2025 Action Hearing 4/02 at 3:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/31/2025	1/31/2025	First Reading Appropriations
			Text - First - Institutions of Postsecondary Education - Institutional Debt - Report
House	2/08/2025	2/08/2025	Hearing 2/18 at 1:00 p.m.
			Vote - House - Committee - Appropriations	Click to view Recorded Media
House	3/10/2025	3/10/2025	Favorable Report by Appropriations
House	3/11/2025	2/27/2025	Favorable Adopted Second Reading Passed	39CClick to view Recorded Media
			Text - Third - Institutions of Postsecondary Education - Institutional Debt - Report
House	3/11/2025	2/28/2025	Third Reading Passed (131-7)	40 Click to view Recorded Media
Senate	3/12/2025	2/23/2025	Referred Education, Energy, and the Environment	43 Click to view Recorded Media
Senate	3/18/2025	3/18/2025	Hearing 4/02 at 1:00 p.m.
Senate	4/02/2025	4/02/2025	Hearing canceled
Senate	4/02/2025	4/02/2025	Hearing 4/02 at 2:30 p.m.
Senate	4/02/2025	4/02/2025	Hearing canceled
Senate	4/02/2025	4/02/2025	Hearing 4/02 at 3:00 p.m.

File Code

Subjects

Statutes