Maryland Senate Bill 15 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on May 8 2020 - 100% progression
Action: 2020-05-08 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 499
Text: Latest bill text (Engrossed) [PDF]

Altering the process for and circumstances under which a banking institution may engage in any additional activity, service, or other practice that is authorized for national banking associations; requiring a written notice to the Commissioner of Financial Regulation at least 45 calendar days before engaging in any additional activity; the Commissioner may prohibit certain activity or service if it is determined the performance of a certain activity would adversely affect the safety and soundness of the financial institution; etc.

Financial Institutions - Commissioner of Financial Regulation - Banking Institution Powers

Senate Finance Committee

2020-03-18 - House - Third Reading Passed (Y: 126 N: 1 NV: 8 Abs: 6) [PASS]
2020-01-30 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2020-05-08	Senate	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 499
2020-03-18	Senate	Returned Passed
2020-03-18	House	Third Reading Passed (126-1)
2020-03-17	House	Favorable Adopted Second Reading Passed
2020-03-17	House	Favorable Report by Economic Matters
2020-03-15	House	Hearing 3/16 at 1:00 p.m.
2020-01-31	House	Referred Economic Matters
2020-01-30	Senate	Third Reading Passed (45-0)
2020-01-28	Senate	Second Reading Passed with Amendments
2020-01-28	Senate	Favorable with Amendments {667577/1 Adopted
2020-01-27	Senate	Favorable with Amendments Report by Finance
2019-12-20	Senate	Hearing 1/22 at 1:00 p.m.
2020-01-08	Senate	First Reading Finance
2019-09-30	Senate	Pre-filed

Chapter	Article	Section	Citation Type	Statute Text
Financial Institutions	5	504	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0015?ys=2020RS
Text	https://mgaleg.maryland.gov/2020RS/bills/sb/sb0015f.pdf
Text	https://mgaleg.maryland.gov/2020RS/bills/sb/sb0015t.pdf
Amendment	https://mgaleg.maryland.gov/2020RS/amds/bil_0005/sb0015_66757701.pdf
Supplement	https://mgaleg.maryland.gov/2020RS/votes_comm/sb0015_fin.pdf
Supplement	https://mgaleg.maryland.gov/2020RS/votes_comm/sb0015_ecm.pdf
Roll Call	https://mgaleg.maryland.gov/2020RS/votes/Senate/0138.pdf
Roll Call	https://mgaleg.maryland.gov/2020RS/votes/House/1180.pdf