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HB 981

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Limited Liability Companies - Articles of Organization - Required Information

Sponsor: Robin L. Grammer, Jr. (District 6)Committee: Economic MattersSubject: Corporations and AssociationsStatus: Unfavorable Report by Economic Matters (as of Nov 9, 2023)

What this bill does

Official synopsis

Requiring a limited liability company to include in its articles of organization the name and home address of each member of the limited liability company; and prohibiting a person from submitting to the State Department of Assessments and Taxation articles of organization for a limited liability company that the person knows or has reason to know contain false information required under the Act.

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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 4FavorableUNF 7Unfavorable
PositionWitnessOrganizationTestimony
FAVMitchell, LynnePresident, Eastwood Residents & Business Comm Assn Baltimore Co.Oral
FAVDelegate Grammer, Delegate GrammerlegislatorIndividualOral
FAVLent, MichaelIndividualPosition only
FAVYoungbar, CharlesIndividualOral
UNFClampett, StephenDept. of Assessments & TaxationOral
UNFGlaser, JonathanDept. of Assessments & TaxationOral
UNFHiggs, Director MichaelDept. of Assessments & TaxationWritten (PDF)
UNFHawkins, GiavanteMSATPWritten (PDF)
UNFWasserman, JasonMaryland State Bar Association Business Law Section CouncilWritten (PDF)
UNFBallentine, TomIndividualWritten (PDF)
UNFKahl, SarahIndividualWritten (PDF)

Organizations on record