File Code: Economic and Community Development
- Sponsored By:
-
Senators Teitelbaum, Pinsky, Derr, Dyson, and Van Hollen
- Entitled:
-
Major League Athletic Franchises - Right of First Refusal When Sold
Providing that when a major league athletic franchise located in the
State is sold, the State has a right of first refusal to purchase the
franchise; requiring the owner of a franchise that is being sold to
send a copy of any bona fide offer received for the franchise to the
Governor within 7 days after it is received; requiring the Governor to
take specified actions in connection with the exercise of the State's
right of first refusal; etc.
Senate Action
- 2/6
- First Reading Finance
- 2/11
- Hearing 3/3 at 1:00 p.m.
- 2/26
- Hearing cancelled
- Hearing 3/10 at 1:00 p.m.
- 3/17
- Unfavorable Report by Finance
House Action
- No Action
- Sponsored by:
- Senator Leonard H. Teitelbaum, District 19
- Senator John W. Derr, District 3
- Senator Roy P. Dyson, District 29
- Senator Paul G. Pinsky, District 22
- Senator Christopher Van Hollen, Jr., District 18
- Bill indexed under the following Subjects:
- FRANCHISES
- GOVERNOR
- SPORTS -see also- RECREATION; STADIUMS
- Bill affects the following Statute:
- Financial Institutions
- (
13-725
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
