Institutions of Postsecondary Education - Institutional Debt - Report
Sponsor: Lesley J. Lopez (District 39)Committee: AppropriationsSubject: Higher EducationStatus: Hearing 2/20 at 12:00 p.m. (as of Nov 13, 2024)
What this bill does
Official synopsis
Requiring institutions of postsecondary education to submit a report on institutional debt to the Maryland Higher Education Commission by October 1 each year, beginning in 2025; 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 that the Commission must follow before assessing a civil penalty.
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Testimony (6)
MGA witness listFAV 5FavorableUNF 1Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Moore, Tonaeyalobbyist | CASH CAMPAIGN OF MARYLAND | Written (PDF) |
| FAV | Silver Canady, Tisa | Maryland Center for Collegiate Financial Wellness | Oral |
| FAV | Berkman-Breen, Winston | Student Borrower Protection Center | Oral + Written (PDF) |
| FAV | Delegate Lopez, Delegate Lopezlegislator | Individual | Oral |
| FAV | Lopez, Lesley | Individual | Oral + Written (PDF) |
| UNF | Power, Matt | Maryland Independent College and University Association | Written (PDF) |