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HB 522

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Institutions of Postsecondary Education - Institutional Debt - Report

Sponsor: Lesley J. Lopez (District 39)Committee: AppropriationsSubject: Higher EducationStatus: Hearing 3/07 at 1:00 p.m. (as of Nov 9, 2023)

What this bill does

Official synopsis

Requiring institutions of postsecondary education to submit a report on institutional debt to the Maryland Higher Education Commission each year beginning October 1, 2024 and each October 1 thereafter; 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 before a civil penalty may be assessed against an institution.

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Testimony (6)

MGA witness list
FAV 4FavorableFWA 1Favorable with amendmentsUNF 1Unfavorable
PositionWitnessOrganizationTestimony
FAVBerkman-Breen, WinstonStudent Borrower Protection CenterOral + Written (PDF)
FAVDelegate Lopez, Delegate LopezlegislatorIndividualOral
FAVLopez, LesleyIndividualWritten (PDF)
FAVStern, IsadoralobbyistIndividualWritten (PDF)
UNFPower, MattMaryland Independent College and University AssociationWritten (PDF)
FWALopez, DelegateIndividualWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVStern, IsadoraRegistered for: Maryland Consumer Rights Coalition