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---
type: "Bill"
title: "Nonstock Corporations Consolidations, Mergers, and Conversions"
description: "Nonstock Corporations Consolidations, Mergers, and Conversions"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2018"
identifier: "SB 41"
citation: "Maryland SB 41 (2018)"
classification: ["bill"]
subjects: ["Corporations and Associations", "Corporations", "Foreign Ownership", "Mergers and Acquisitions"]
status: "enacted"
primary_sponsors: ["Chair"]
version_count: 1
action_count: 15
vote_count: 2
first_action: "2017-10-11"
last_action: "2018-04-10"
source: "openstates"
source_identifier: "ocd-bill/6639be24-c7c7-4286-9af7-d0f62c335dcb"
source_url: "http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=SB41&stab=01&pid=billpage&tab=subject3&ys=2018rs"
source_hash: "3733a989df23d46db906de2584fea68cc1481ebfc5d4bba94ea72967468c456d"
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 41 (2018) — Nonstock Corporations Consolidations, Mergers, and Conversions
## 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/2018RS/bills/sb/sb0041f.pdf)
## Votes
- On Third Reading — **1370** (pass) · lower
- On Third Reading — **460** (pass) · upper
## Sponsors
- Chair — primary (person)
- Judicial Proceedings Committee (By Request - Departmental - Assessments and Taxation) — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-10-11** Pre-filed `introduction`
- **2018-01-10** First Reading Judicial Proceedings `referral-committee`
- **2018-01-04** Hearing 1/16 at 1:00 p.m.
- **2018-02-05** Favorable with Amendments Report by Judicial Proceedings `committee-passage-favorable`
- **2018-02-06** Favorable with Amendments {918677/1 Report Adopted `committee-passage-favorable`
- **2018-02-06** Second Reading Passed with Amendments
- **2018-02-08** Third Reading Passed (46-0) `passage`
- **2018-02-09** First Reading Economic Matters `referral-committee`
- **2018-03-07** Hearing 3/21 at 1:00 p.m.
- **2018-04-02** Favorable Report by Economic Matters `committee-passage-favorable`
- **2018-04-02** Favorable Report Adopted `committee-passage-favorable`
- **2018-04-02** Second Reading Passed
- **2018-04-04** Third Reading Passed (137-0) `passage`
- **2018-04-05** Returned Passed
- **2018-04-10** Approved by the Governor - Chapter 100 `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6639be24-c7c7-4286-9af7-d0f62c335dcb`. Confidence: reported (aggregated from official Maryland legislature records).