Procurement Contracts - Disclosures to Secretary of State - Beneficial Ownership
Sponsor: Stephen S. Hershey, Jr. (District 36)Committee: Education, Health, and Environmental AffairsSubject: State Government - ProcurementStatus: Hearing 3/22 at 1:00 p.m. (as of Nov 1, 2018)
What this bill does
Official synopsis
Altering the definition of 'beneficial ownership' to mean any ownership interest of 25% rather than 5% for the purposes of certain disclosures made by certain businesses to the Secretary of State under certain circumstances.
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