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Legislation


2006 Regular Session

SENATE BILL 391

File Code: State Government - Procurement Crossfiled with: HOUSE BILL 169
Sponsored By:
Senators Grosfeld and Haines
Entitled:
Procurement - Security Requirements

Synopsis:

Increasing the maximum amount of the bonds that the Maryland Small Business Development Financing Authority may issue as a surety for the benefit of a principal in connection with specified contracts; expanding bid, payment, and performance security to include a bond provided or executed by an individual surety if the individual surety provides a security interest in specified assets at the time the bond is furnished and the individual surety pledges specified assets in a specified amount; etc.

History by Legislative Date

Senate Action
1/31
First Reading Education Health and Environmental Affairs
2/8
Hearing 3/2 at 1:00 p.m.
3/13
Favorable with Amendments Report by Education Health and Environmental Affairs
3/14
Favorable with Amendments
Laid Over (Senator Conway) Adopted
3/15
Favorable with Amendments Report Adopted
Floor Amendment (Senator Conway) Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (47-0)
4/8
Returned Passed
House Action
3/19
First Reading Health and Government Operations
3/22
Hearing 3/29 at 1:00 p.m.
4/7
Favorable Report by Health and Government Operations
4/3
Favorable Report Adopted
Second Reading Passed
4/6
Third Reading Passed (139-0)
Action after passage in Senate and House
5/26
Governor vetoed - Duplicative

Sponsored by:

Senator Sharon M. Grosfeld, District 18
Senator Larry E. Haines, District 5

Bill indexed under the following Subjects:

ADMINISTRATIVE AGENCIES -see also- ELECTRONIC GOVERNMENT
BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.
PROCUREMENT
PUBLIC WORKS, BOARD OF
REPORTS
SECURITY INTERESTS -see also- LIENS; MECHANICS' LIENS
SMALL BUSINESS
SUNSET

Bill affects the following Statutes:

Article - 83A Department of Business and Economic Development
( 5-1035 , 5-1037 )
State Finance and Procurement
( 13-207 , 13-208 , 13-216 , 17-104 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
Senate
Number: 144736/01 (PDF)     Offered on: March 15, 2006   at: 12:20 p.m.     Status: Adopted
Number: 273725/02 (PDF)     Offered on: March 15, 2006   at: 12:21 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 20, 2006: Third Reading Passed (47-0)
House
April 6, 2006: Third Reading Passed (139-0)
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