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]

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.

Tracking Information

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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]

History

DateChamberAction
2023-05-08SenateApproved by the Governor - Chapter 433
2023-04-10SenatePassed Enrolled
2023-04-10SenateThird Reading Passed (35-12)
2023-04-10SenateSenate Concurs House Amendments
2023-04-05HouseThird Reading Passed (101-35)
2023-03-30HouseSecond Reading Passed with Amendments
2023-03-30HouseFavorable with Amendments {973822/1 Adopted
2023-03-30HouseFavorable with Amendments Report by Economic Matters
2023-03-17HouseReferred Economic Matters
2023-03-16SenateThird Reading Passed (37-10)
2023-03-14SenateSecond Reading Passed with Amendments
2023-03-14SenateFavorable with Amendments {483424/1 Adopted
2023-03-13SenateFavorable with Amendments Report by Finance
2023-02-07SenateHearing 3/01 at 1:00 p.m.
2023-02-06SenateFirst Reading Finance

Same As/Similar To

HB548 (Crossfiled) 2023-05-08 - Approved by the Governor - Chapter 432

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Financial Institutions2118(n/a)See Bill Text
Financial Institutions2118.1(n/a)See Bill Text
Financial Institutions5203(n/a)See Bill Text
Financial Institutions6712(n/a)See Bill Text

Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0550?ys=2023RS
Texthttps://mgaleg.maryland.gov/2023RS/bills/sb/sb0550f.pdf
Texthttps://mgaleg.maryland.gov/2023RS/bills/sb/sb0550t.pdf
Texthttps://mgaleg.maryland.gov/2023RS/bills/sb/sb0550e.pdf
Texthttps://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_433_sb0550e.pdf
Amendmenthttps://mgaleg.maryland.gov/2023RS/amds/bil_0000/sb0550_48342401.pdf
Amendmenthttps://mgaleg.maryland.gov/2023RS/amds/bil_0000/sb0550_97382201.pdf
Supplementhttps://mgaleg.maryland.gov/2023RS/votes_comm/sb0550_fin.pdf
Supplementhttps://mgaleg.maryland.gov/2023RS/votes_comm/sb0550_ecm.pdf
Roll Callhttps://mgaleg.maryland.gov/2023RS/votes/Senate/0472.pdf
Roll Callhttps://mgaleg.maryland.gov/2023RS/votes/House/0977.pdf
Roll Callhttps://mgaleg.maryland.gov/2023RS/votes/Senate/1213.pdf

Bill Comments

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