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MD SB628

MD SB628
Institutions of Postsecondary Education – Institutional Debt – Report


summary

Introduced
02/05/2026
In Committee
02/05/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Requiring institutions of postsecondary education to submit a report on institutional debt to the Maryland Higher Education Commission by October 1 each year, beginning in 2027; authorizing the Commission to assess a civil penalty, up to $10,000 per violation, against an institution for failure to submit a report or knowingly including inaccurate information in a report; and establishing certain notice and hearing procedures that the Commission must follow before assessing a civil penalty.

AI Summary

This bill requires institutions of postsecondary education, starting October 1, 2027, to submit an annual report to the Maryland Higher Education Commission detailing various aspects of institutional debt, which refers to any credit, debt, or obligation owed by a student to the institution for things like tuition, room and board, fines, and fees. This report must include information broken down by demographic categories (such as race, ethnicity, and age), the amount and status of outstanding debt, how debt is collected, and the use of administrative holds, which are limitations on a student's access to campus resources due to unpaid debt. The bill also mandates that the Commission will then summarize these institutional reports and submit them to the General Assembly. Furthermore, the Commission is authorized to impose a civil penalty of up to $10,000 per violation if an institution fails to submit the report or knowingly provides inaccurate information, but only after providing the institution with notice of the charges and an opportunity for a hearing.

Committee Categories

Education

Sponsors (1)

Last Action

Senate Education, Energy, and the Environment Hearing (13:00:00 3/11/2026 ) (on 03/11/2026)

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