# Maryland SB 0653: Procurement - Employee Stock Ownership Plan Preference - Pilot

Maryland SB 0653, Procurement - Employee Stock Ownership Plan Preference - Pilot, is a 2025 Regular Session Senate bill sponsored by Cory V. McCray (Democratic); status signed, last action 2025-05-20 (Approved by the Governor - Chapter 736) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/MD-SB0653-2025RS
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland SB 0653
- State: Maryland
- Session: 2025 Regular Session
- Title: Procurement - Employee Stock Ownership Plan Preference - Pilot
- Status: signed
- Chamber: Senate
- Introduced: 2025-01-29
- Last action: 2025-05-20, Approved by the Governor - Chapter 736
- Sponsor: Cory V. McCray (Democratic)
- Cosponsors: 0
- Subjects: State Government - Procurement, Higher Education, Baltimore City, Community Colleges, Education -see also- ContEd; DrvEd; HigherEd; etc., Higher Education -see also- Comm Colleges; Med Schools; etc., Investments -see also- Securities, Pilot Programs, Prices -see also- Consumer Price Index, Procurement, Reports, Solicitation, Stadium Authority, State Universities and Colleges, St. Mary's County, Sunset, Work, Labor, and Employment -see also- JobTrn; Leave; etc.
- Touches household money: no
- Roll calls: 3 (226 yes, 6 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Cory V. McCray (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-07 | Senate | Third Reading Passed | pass | 47 | 0 |   |
| 2025-04-07 | House | Third Reading Passed | pass | 133 | 6 |   |
| 2025-03-31 | Senate | Third Reading Passed | pass | 46 | 0 | 1 |

## Actions (23)

- 2025-05-20: Approved by the Governor - Chapter 736
- 2025-04-07: Passed Enrolled (Senate)
- 2025-04-07: Third Reading Passed (47-0) (Senate)
- 2025-04-07: Senate Concurs House Amendments (Senate)
- 2025-04-07: Third Reading Passed (133-6) (House)
- 2025-04-03: Second Reading Passed with Amendments (House)
- 2025-04-03: Favorable with Amendments {683225/1 Adopted (House)
- 2025-04-03: Favorable with Amendments Report by Health and Government Operations (House)
- 2025-04-02: Rereferred to Health and Government Operations (House)
- 2025-04-01: Referred Rules and Executive Nominations (House)
- 2025-03-31: Third Reading Passed (46-0) (Senate)
- 2025-03-28: Second Reading Passed with Amendments (Senate)
- 2025-03-28: Floor Amendment {933521/1 (Senator McCray) Adopted (Senate)
- 2025-03-28: Favorable with Amendments {293127/1 Adopted (Senate)
- 2025-03-27: Motion Special Order until 3/28 (Senator McCray) Adopted (Senate)
- 2025-03-27: Favorable with Amendments {293127/1 (Senate)
- 2025-03-27: Favorable with Amendments Report by Budget and Taxation (Senate)
- 2025-02-17: Hearing 2/26 at 3:00 p.m. (Senate)
- 2025-02-17: Hearing canceled (Senate)
- 2025-02-14: Hearing 2/26 at 2:00 p.m. (Senate)
- 2025-02-14: Hearing canceled (Senate)
- 2025-01-30: Hearing 2/19 at 2:30 p.m. (Senate)
- 2025-01-29: First Reading Budget and Taxation (Senate)

## Bill text

- Enacted, 2025-05-20: [PDF](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_736_sb0653e.pdf)
- Enrolled, 2025-04-07: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0653e.pdf)
- Third Reading, 2025-03-28: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0653t.pdf)
- First Reading, 2025-01-29: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0653f.pdf)

## Related bills

- SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions (vetoed)
- HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination Review Process (vetoed)
- HB 0384: Maryland Disability Service Animal Program - Established (vetoed)
- SB 0157: Maryland Disability Service Animal Program - Established (vetoed)
- HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization (became law)
- HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard (signed)

## Sources
- [Enacted (PDF)](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_736_sb0653e.pdf)
- [Enrolled (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0653e.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0653t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0653f.pdf)

## Related
- [SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions](https://policyrisk.com/state-bill/MD-SB0227-2025RS)
- [HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination…](https://policyrisk.com/state-bill/MD-HB0482-2025RS)
- [HB 0384: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-HB0384-2025RS)
- [SB 0157: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-SB0157-2025RS)
- [HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization](https://policyrisk.com/state-bill/MD-HB1294-2025RS)
- [HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard](https://policyrisk.com/state-bill/MD-HB0228-2025RS)
- [Maryland bills](https://policyrisk.com/states/maryland/bills)
- [Maryland state hub](https://policyrisk.com/states/maryland)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/MD-SB0653-2025RS (as of 2026-10-17).