- 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
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
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Statutes
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11-212 )
Last Updated: 4/15/2024 2:42 PM