Financial Institutions - Maryland Community Investment Venture Fund and Regulation of Entities - Revisions

Passed on 4/14/26

Summary

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From the Legislature

Repealing certain fees charged to certain banking institutions by the Commissioner of Financial Regulation; altering certain provisions relating to the Maryland Community Investment Venture Fund, including the purpose and administration of the Fund; altering the date by which the Commissioner may match certain investments in the Fund from June 30, 2028, to June 30, 2030; altering and providing for certain assessment offset credits for certain banking institutions and credit unions; etc.

Sponsors

0
0
Democratic CaucusRepublican Caucus

Roll Call Votes

123 Yea

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9 Nay

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2 Not Voting

RR

7 Absent

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Calendar

Jan 29

3:00 PM

Senate Finance Hearing