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HB 996·MD·house

Corporations and Associations - Revisions

Signed into LawFiled Feb 6, 2026
Sponsor: Amprey
Latest Action

Approved by the Governor - Chapter 313

Apr 28, 2026

Legislative status

  1. Introduced
  2. In Committee
  3. Reported by Committee
  4. Floor Vote Scheduled
  5. Passed One Chamber
  6. Passed Both Chambers
  7. Sent to Executive
  8. Signed into Law

Summary

The bill requires the State Department of Assessments and Taxation to notify filers when a charter document is rejected and to accept a corrected filing within 30 days, while also setting fee and electronic‑filing requirements. It lets corporate boards act by written unanimous consent instead of holding a meeting, expands bankruptcy‑court powers to modify corporations, and limits foreign‑corp lawsuits unless penalties are paid. The law also updates partnership‑agreement rules and removes certain penalties for foreign‑corp officers.

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Hearings

History

  1. Approved by the Governor - Chapter 313
  2. Third Reading Passed
  3. Returned Passed
  4. Favorable Report by Judicial Proceedings
  5. Favorable Adopted Second Reading Passed
  6. Referred Judicial Proceedings
  7. Third Reading Passed
  8. Favorable Adopted Second Reading Passed
  9. Favorable Report by Economic Matters
  10. Hearing 3/03 at 1:00 p.m.
  11. First Reading Economic Matters

Sponsors

  • Amprey · sponsor

Bill text

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