SENATE BILL 339

Sponsored By:

Senator Haines

Entitled:

Supersedeas Bonds - Limitation on Amount

Synopsis:

Prohibiting the total amount of a supersedeas bond required of an appellant to stay enforcement, pending appeal, of a judgment entered in favor of a plaintiff in a civil action from exceeding $200,000,000, regardless of the amount of the judgment; and providing an exception if an appellee proves by a preponderance of the evidence that an appellant is dissipating assets outside the ordinary course of business to avoid payment of a judgment.

History by Legislative Date

Senate Action

2/3

First Reading Judicial Proceedings

2/11

Hearing 3/4 at 1:00 p.m.

3/30

Favorable with Amendments Report by Judicial Proceedings

Favorable with Amendments

Committee Amendment Adopted

Favorable with Amendments Report Adopted (29-15)

Special Order later today (Senator Ruben) Adopted

Floor Amendment (Senator Ruben) Rejected (15-30)

Second Reading Passed with Amendments

3/31

Third Reading Passed (29-16)

House Action

3/31

First Reading House Rules and Executive Nominations

4/8

Re-referred Judiciary

Hearing 4/9 at 1:00 p.m.

4/10

Unfavorable Report by Judiciary

Bill indexed under the following Subjects:

APPEALS -see also- JUDICIAL REVIEW

BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.

CIVIL ACTIONS -see also- SMALL CLAIMS

COURTS -see also- CIRCUIT; APPEALS; DISTRICT; ORPHANS'; etc.

JUDGMENTS

Bill affects the following Statute:

Courts and Judicial Proceedings

( 12-301.1 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 373922/01 (PDF)     Offered on: March 30, 2004   at: 5:48 p.m.     Status: Rejected

Number: 558072/01 (PDF)     Offered on: March 30, 2004   at: Noon     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

March 30, 2004: Favorable with Amendments Adopted (29-15)

March 30, 2004: Floor Amendment (Ruben) {373922/1 Rejected (15-30)

March 31, 2004: Third Reading Passed (29-16)