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SB 510

Did not advanceCrossfile HB 487
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Corporations and Associations - Electric Cooperatives - Nonescheat Capital Credits

Sponsor: Stephen S. Hershey, Jr. (District 36)Committee: Judicial ProceedingsSubject: Corporations and AssociationsStatus: First Reading Economic Matters (as of Nov 13, 2024)

What this bill does

Official synopsis

Providing that certain unclaimed money held by an electric cooperative and due to a past member is not considered abandoned property; and authorizing an electric cooperative to use this money only to assist members of the cooperative or donate to nonprofit, charitable organizations.

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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 (7)

MGA witness list
FAV 7Favorable
PositionWitnessOrganizationTestimony
FAVConnelly, ValerielobbyistChoptank Electric CooperativeOral + Written (PDF)
FAVHarvey, TiffanylobbyistCornerstone Government AffairsOral
FAVChristopher, BillDorchester Chamber of CommerceWritten (PDF)
FAVAllen, HannahlobbyistMaryland Chamber of CommerceWritten (PDF)
FAVGranzow, DanielIndividualOral + Written (PDF)
FAVSenator Hershey, Senator HersheylegislatorIndividualOral
FAVTeffeau, MatthewlobbyistIndividualOral

Organizations on record

Registered lobbyists who testified

FAVConnelly, ValerieChoptank Electric CooperativeRegistered for: Choptank Electric Cooperative, Inc.
FAVHarvey, TiffanyCornerstone Government AffairsRegistered for: Allied Universal; Baltimore Orioles; CPower; Capital One; Choptank Electric Cooperative, Inc.; Comcast Cable Communications LLC
FAVAllen, HannahMaryland Chamber of CommerceRegistered for: Maryland Chamber of Commerce
FAVTeffeau, MatthewRegistered for: ABC Metro Washington; Choptank Electric Cooperative, Inc.