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Bill > HB388


MD HB388

MD HB388
Bond Sales - Notification of the Public


summary

Introduced
01/26/2023
In Committee
03/27/2023
Crossed Over
03/02/2023
Passed
04/03/2023
Dead
Signed/Enacted/Adopted
04/11/2023

Introduced Session

2023 Regular Session

Bill Summary

AN ACT concerning Bond Sales - Notification of the Public FOR the purpose of authorizing the Board of Public Works and the State Treasurer to provide public notice of a public sale of State bonds by a service or method deemed appropriate by the State Treasurer; and generally relating to public notification of the sale of State bonds. BY repealing and reenacting, with amendments, Article - State Finance and Procurement Section 8-123 Annotated Code of Maryland (2021 Replacement Volume and 2022 Supplement)

AI Summary

This bill authorizes the Board of Public Works and the State Treasurer to provide public notice of a public sale of State bonds by a service or method deemed appropriate by the State Treasurer, rather than requiring the use of the Munifacts News Service specifically. The bill also allows the Treasurer to provide notice of a postponement of a bond sale by using the Municipal Market Monitor (TM3) or a similar service, or another method the Treasurer deems appropriate. The bill takes effect on June 1, 2023.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Approved by the Governor - Chapter 25 (on 04/11/2023)

bill text


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