2025 Regular Session • Maryland Legislature
HB227: Corporations and Associations - Electric Cooperatives - Nonescheat Capital Credits
Legislative Summary
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 make donations to nonprofit, charitable organizations.
Demographic Impact
Overall analysis of equity impact
70% Positive
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
Go beyond the overall score.
Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.
Enable full analysis features for your organization.
Contact Sales to Learn MoreOr email us directly at sales@legiequity.us.
Bill History
10/1/2024
Pre-filed
House of Delegates
1/8/2025
First Reading Economic Matters
House of Delegates
1/8/2025
Hearing 1/21 at 1:00 p.m.
House of Delegates
2/10/2025
Favorable Report by Economic Matters
House of Delegates
2/11/2025
Favorable Adopted Second Reading Passed
House of Delegates
2/13/2025
Third Reading Passed (137-0)
House of Delegates
2/14/2025
Referred Judicial Proceedings
Senate
3/27/2025
Favorable Report by Judicial Proceedings
Senate
3/27/2025
Favorable Adopted Second Reading Passed
Senate
4/2/2025
Third Reading Passed (46-0)
Senate
4/2/2025
Returned Passed
House of Delegates
4/22/2025
Approved by the Governor - Chapter 212
House of Delegates
Roll Call Votes
Third Reading Passed
2/13/2025
137
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
Status Information
Current Status
Passed(4/22/2025)
Chamber
House of Delegates
