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HB 305

Enacted
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Financial Institutions - Presumption of Property Abandonment - Revisions

Sponsor: Kenneth Kerr (District 3)Committee: Economic MattersSubject: Financial InstitutionsStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 648 (as of Nov 15, 2022)

What this bill does

Official synopsis

Altering the circumstances under which certain property is presumed abandoned; altering the circumstances under which the running of the period of abandonment of certain property ceases; providing that the period of abandonment of certain property ceases under certain circumstances; etc.

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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (11)

MGA witness list
FAV 5FavorableFWA 6Favorable with amendments
PositionWitnessOrganizationTestimony
FAVDiPietro, ChrisCDi Consulting Services, L.L.C.Written (PDF)
FAVCelentano, MatthewlobbyistFunk & Bolton, P.A.Written (PDF)
FAVSalmon, TamaraICIWritten (PDF)
FAVDelegate Kerr, Delegate KerrlegislatorIndividualOral
FAVDelegate Kerr, Delegate KerrlegislatorIndividualOral
FWADiPietro, ChrisCDi Consulting Services, L.L.C.Oral
FWASalmon, TamaraICIOral + Written (PDF)
FWAWeintraub, JasonlobbyistMaryland Thoroughbred Horsemen's Association (MTHA)Oral
FWAEnten, RobertMd Thoroughbred Horsemen’s AssocOral
FWAKarkhanis, NeallobbyistIndividualOral
FWASakamoto-Wengel, StevenIndividualWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVCelentano, MatthewFunk & Bolton, P.A.Registered for: 38 Degrees North; Advanced Energy United; Alliance of Maryland Dental Plans; Allstate Insurance Company; America's Health Insurance Plans; American Council of Life Insurers
FWAWeintraub, JasonMaryland Thoroughbred Horsemen's Association (MTHA)Registered for: AFSCME Council 3; Albertsons Companies, Inc.; American Property Casualty Insurance Association; COPT Defense Properties; CVS Health; CareFirst BlueCross BlueShield
FWAKarkhanis, NealRegistered for: American Council of Life Insurers; Tobacco-Free Kids Action Fund; City of Westminster; League of Life & Health Insurers of Maryland, Inc.; It Works Learning Center, Inc.; America's Health Insurance Plans