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---
type: "Bill"
title: "Corporations - Formation of a Holding Company by Merger"
description: "Corporations - Formation of a Holding Company by Merger"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2017"
identifier: "SB 398"
citation: "Maryland SB 398 (2017)"
classification: ["bill"]
subjects: ["Corporations and Associations", "Charters", "Commerce and Business", "Committees and Commissions", "Corporations", "Mergers and Acquisitions", "Real Estate Investment Trusts"]
status: "enacted"
primary_sponsors: ["Feldman"]
version_count: 1
action_count: 13
vote_count: 2
first_action: "2017-01-27"
last_action: "2017-04-18"
source: "openstates"
source_identifier: "ocd-bill/eea6d873-bfed-43fe-b740-8c3c5e9dd6e2"
source_url: "http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=SB398&stab=01&pid=billpage&tab=subject3&ys=2017rs"
source_hash: "2e44e4c623c867c1b059b6d8e116d371197ae96c8fe7d35e72899097946e96e0"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---
# Maryland SB 398 (2017) — Corporations - Formation of a Holding Company by Merger
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Bill Text** (committee substitute) — [source](http://mgaleg.maryland.gov/2017RS/bills/sb/sb0398f.pdf)
## Votes
- Third Reading — **1390** (pass) · legislature
- Third Reading — **470** (pass) · legislature
## Sponsors
- Feldman — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-01-27** First Reading Judicial Proceedings `referral-committee`
- **2017-02-01** Hearing 2/16 at 1:00 p.m.
- **2017-03-06** Favorable Report by Judicial Proceedings `committee-passage-favorable`
- **2017-03-07** Favorable Report Adopted `committee-passage-favorable`
- **2017-03-07** Second Reading Passed
- **2017-03-09** Third Reading Passed (47-0) `passage`
- **2017-03-10** First Reading Economic Matters `referral-committee`
- **2017-04-05** Favorable Report by Economic Matters `committee-passage-favorable`
- **2017-04-05** Favorable Report Adopted `committee-passage-favorable`
- **2017-04-05** Second Reading Passed
- **2017-04-06** Third Reading Passed (139-0) `passage`
- **2017-04-07** Returned Passed
- **2017-04-18** Approved by the Governor - Chapter 359 `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/eea6d873-bfed-43fe-b740-8c3c5e9dd6e2`. Confidence: reported (aggregated from official Maryland legislature records).