MD SB550 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 23-1)
Status: Passed on May 8 2023 - 100% progression
Action: 2023-05-08 - Approved by the Governor - Chapter 433
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 23-1)
Status: Passed on May 8 2023 - 100% progression
Action: 2023-05-08 - Approved by the Governor - Chapter 433
Text: Latest bill text (Chaptered) [PDF]
Summary
Establishing the Maryland Community Investment Venture Fund as an instrumentality of the State to develop opportunities for banking institutions and credit unions to better serve the needs of low- to moderate-income tracts; providing for certain assessment offset credits for certain banking institutions and credit unions in certain areas; authorizing the use of the Banking Institution and Credit Union Regulation Fund for certain purposes; etc.
Title
Financial Regulation - Maryland Community Investment Venture Fund - Establishment (Access to Banking Act)
Sponsors
Roll Calls
2023-04-10 - Senate - Third Reading Passed (Y: 35 N: 12 NV: 0 Abs: 0) [PASS]
2023-04-05 - House - Third Reading Passed (Y: 101 N: 35 NV: 2 Abs: 2) [PASS]
2023-03-16 - Senate - Third Reading Passed (Y: 37 N: 10 NV: 0 Abs: 0) [PASS]
2023-04-05 - House - Third Reading Passed (Y: 101 N: 35 NV: 2 Abs: 2) [PASS]
2023-03-16 - Senate - Third Reading Passed (Y: 37 N: 10 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-05-08 | Senate | Approved by the Governor - Chapter 433 |
| 2023-04-10 | Senate | Passed Enrolled |
| 2023-04-10 | Senate | Third Reading Passed (35-12) |
| 2023-04-10 | Senate | Senate Concurs House Amendments |
| 2023-04-05 | House | Third Reading Passed (101-35) |
| 2023-03-30 | House | Second Reading Passed with Amendments |
| 2023-03-30 | House | Favorable with Amendments {973822/1 Adopted |
| 2023-03-30 | House | Favorable with Amendments Report by Economic Matters |
| 2023-03-17 | House | Referred Economic Matters |
| 2023-03-16 | Senate | Third Reading Passed (37-10) |
| 2023-03-14 | Senate | Second Reading Passed with Amendments |
| 2023-03-14 | Senate | Favorable with Amendments {483424/1 Adopted |
| 2023-03-13 | Senate | Favorable with Amendments Report by Finance |
| 2023-02-07 | Senate | Hearing 3/01 at 1:00 p.m. |
| 2023-02-06 | Senate | First Reading Finance |
Same As/Similar To
HB548 (Crossfiled) 2023-05-08 - Approved by the Governor - Chapter 432
Subjects
Auditors and Audits
Banks and Trust Companies
Commerce and Business
Community Development
Credit Unions
Financial Institutions
Financial Regulation, Division of
Investments
Low-Income
Revenue and Taxes
Rules and Regulations
Time
Weights and Measures
Banks and Trust Companies
Commerce and Business
Community Development
Credit Unions
Financial Institutions
Financial Regulation, Division of
Investments
Low-Income
Revenue and Taxes
Rules and Regulations
Time
Weights and Measures
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Financial Institutions | 2 | 118 | (n/a) | See Bill Text |
| Financial Institutions | 2 | 118.1 | (n/a) | See Bill Text |
| Financial Institutions | 5 | 203 | (n/a) | See Bill Text |
| Financial Institutions | 6 | 712 | (n/a) | See Bill Text |
