Maryland House Bill 829 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 30 2021 - 100% progression
Action: 2021-05-30 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 704
Text: Latest bill text (Chaptered) [PDF]

Establishing a Capital Access Program in the Department of Commerce for the purpose of stimulating opportunities for small businesses that may have difficulty in obtaining business financing to have access to credit by establishing a loan loss reserve program; specifying that certain loans qualify under the Program; requiring a lender to enroll a qualifying loan not more than 30 days after the date of the first disbursement; authorizing a lender to enroll all or a portion of a qualifying loan in an amount not more than $250,000; etc.

Economic Development – Small Business Financing – Loan Loss Reserve (Maryland Capital Access Program)

Del. Brooke Lierman [D]

2021-04-12 - Senate - Third Reading Passed (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2021-03-18 - House - Third Reading Passed (Y: 111 N: 27 NV: 0 Abs: 3) [PASS]

Date	Chamber	Action
2021-05-30	House	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 704
2021-04-12	House	Returned Passed
2021-04-12	Senate	Third Reading Passed (47-0)
2021-04-12	Senate	Second Reading Passed
2021-04-12	Senate	Favorable Adopted
2021-04-12	Senate	Favorable Report by Finance
2021-03-19	Senate	Referred Finance Budget and Taxation
2021-03-18	House	Third Reading Passed (111-27)
2021-03-17	House	Second Reading Passed with Amendments
2021-03-17	House	Favorable with Amendments {373296/1 Adopted
2021-03-17	House	Favorable with Amendments Report by Economic Matters
2021-02-05	House	Hearing 2/24 at 1:30 p.m.
2021-01-29	House	First Reading Economic Matters

SB788 (Crossfiled) 2021-02-10 - Hearing 3/16 at 1:00 p.m. (Finance)

Chapter	Article	Section	Citation Type	Statute Text
Economic Development	5	1701	(n/a)	See Bill Text
Economic Development	5	1702	(n/a)	See Bill Text
Economic Development	5	1703	(n/a)	See Bill Text
Economic Development	5	1704	(n/a)	See Bill Text
Economic Development	5	1705	(n/a)	See Bill Text
Economic Development	5	1706	(n/a)	See Bill Text
Economic Development	5	1707	(n/a)	See Bill Text
Economic Development	5	1708	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0829?ys=2021RS
Text	https://mgaleg.maryland.gov/2021RS/bills/hb/hb0829f.pdf
Text	https://mgaleg.maryland.gov/2021RS/bills/hb/hb0829t.pdf
Text	https://mgaleg.maryland.gov/2021RS/Chapters_noln/CH_704_hb0829t.pdf
Amendment	https://mgaleg.maryland.gov/2021RS/amds/bil_0009/hb0829_37329601.pdf
Supplement	https://mgaleg.maryland.gov/2021RS/votes_comm/hb0829_ecm.pdf
Supplement	https://mgaleg.maryland.gov/2021RS/votes_comm/hb0829_fin.pdf
Roll Call	https://mgaleg.maryland.gov/2021RS/votes/House/0551.pdf
Roll Call	https://mgaleg.maryland.gov/2021RS/votes/Senate/1276.pdf