Procurement Contracts - Disclosures to Secretary of State - Beneficial Ownership
Sponsor: Justin Ready (District 5)Committee: Budget and TaxationSubject: State Government - ProcurementStatus: Hearing 1/24 at 1:00 p.m. (as of Nov 13, 2024)
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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Testimony (3)
MGA witness listFAV 3Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Pecora-Barbour, karen | Alliance for Hispanic Commercial Contractors | Oral + Written (PDF) |
| FAV | Ready, Justin | Maryland State Senate | Oral + Written (PDF) |
| FAV | Senator Ready, Senator Readylegislator | Individual | Oral |