MD HB1007 | 2026 | Regular Session
Note: Carry Over of previous HB693
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 6 2026 - 25% progression, died in committee
Action: 2026-02-09 - Hearing 3/03 at 1:00 p.m.
Pending: House Economic Matters Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 6 2026 - 25% progression, died in committee
Action: 2026-02-09 - Hearing 3/03 at 1:00 p.m.
Pending: House Economic Matters Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Regulating commercial financing transactions, including by establishing requirements related to certain disclosures, calculations of annual percentage rates, terms of repayments, and other related items, and the extension of specific offers.
Title
Commercial Financing - Small Business Truth in Lending Act
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2026-02-09 | House | Hearing 3/03 at 1:00 p.m. |
| 2026-02-06 | House | First Reading Economic Matters |
Same As/Similar To
HB693 (Carry Over) 2025-03-17 - Motion Special Order until 04/07 (Delegate Crosby) Adopted
SB881 (Crossfiled) 2026-03-24 - Hearing 3/31 at 1:00 p.m.
SB881 (Crossfiled) 2026-03-24 - Hearing 3/31 at 1:00 p.m.
Subjects
Commerce and Business
Disclosure
Ethics
Fees
Financial Institutions
Notices
Prices
Reimbursements
Reports
Rules and Regulations
Small Business
Disclosure
Ethics
Fees
Financial Institutions
Notices
Prices
Reimbursements
Reports
Rules and Regulations
Small Business
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Financial Institutions | 12 | 1301 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1302 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1303 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1304 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1305 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1306 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1307 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1308 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1309 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1310 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1311 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1312 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1313 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1314 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1007?ys=2026RS |
| Text | https://mgaleg.maryland.gov/2026RS/bills/hb/hb1007f.pdf |
