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SB 954

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Corporations and Associations - Transparency - Beneficial Ownership

Sponsor: Charles E. Sydnor, III (District 44)Committee: Judicial ProceedingsSubject: Corporations and AssociationsStatus: Hearing 3/06 at 1:00 p.m. (as of Nov 13, 2024)

What this bill does

Official synopsis

Requiring certain business entities to file with the State Department of Assessments and Taxation a report including certain information regarding beneficial owners of the entities; and prohibiting the inspection of the reports in certain circumstances.

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Testimony (8)

MGA witness list
FAV 3FavorableFWA 3Favorable with amendmentsUNF 2Unfavorable
PositionWitnessOrganizationTestimony
FAVSydnor III, Charles E.Senator Charles E. Sydnor IIIOral + Written (PDF)
FAVLang, AlanIndividualPosition only
FAVSenator Sydnor, Senator SydnorlegislatorIndividualOral
UNFGraf, LorilobbyistMaryland Building Industry AssociationWritten (PDF)
UNFCahn, DavidWhiteford Taylor & Preston L.L.P.Oral + Written (PDF)
FWAPopham, BrysonlobbyistBryson F. Popham, P.A.Oral + Written (PDF)
FWAEnten, RobertMaryland Multi-Housing AssocOral
FWAEgan, NancylobbyistIndividualWritten (PDF)

Organizations on record

Registered lobbyists who testified

UNFGraf, LoriMaryland Building Industry AssociationRegistered for: Maryland Building Industry Association
FWAPopham, BrysonBryson F. Popham, P.A.Registered for: Agency Insurance Company of Maryland; Agency Services, Inc.; Army Alliance; Bryson F. Popham P.A.; Building Owners and Managers Association of Greater Baltimore (BOMA); CVS Health
FWAEgan, NancyRegistered for: American Property Casualty Insurance Association