EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. [Brackets] indicate matter deleted from existing law. *sb0648* SENATE BILL 648 C2, C3 4lr3051 CF HB 211 By: Senator Ellis Introduced and read first time: January 29, 2024 Assigned to: Finance A BILL ENTITLED AN ACT concerning 1 Business Regulation – Contractors, Subcontractors, and Brokers – Prohibited 2 Conduct 3 FOR the purpose of prohibiting a person from serving or acting as a broker between a 4 contractor and subcontractor during a certain period after the person was convicted 5 of a certain offense under federal or state law; and generally relating to contractors, 6 subcontractors, and brokers. 7 BY adding to 8 Article – Business Regulation 9 Section 19–107 10 Annotated Code of Maryland 11 (2015 Replacement Volume and 2023 Supplement) 12 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 13 That the Laws of Maryland read as follows: 14 Article – Business Regulation 15 19–107. 16 A PERSON MAY NOT SERVE OR ACT AS A BROKER B ETWEEN A CONTRACTOR 17 AND SUBCONTRACTOR IN THE STATE DURING THE 5–YEAR PERIOD IMMEDIAT ELY 18 FOLLOWING THE DATE T HE PERSON WAS CONVIC TED OF AN OFFENSE 19 CONSTITUTING CRIMINA L MALFEASANCE , MISFEASANCE , OR NONFEASANCE UNDER 20 ANY FEDERAL OR STATE LAW. 21 SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall ta ke effect 22 October 1, 2024. 23