Legislation - HB0601

Authorizing the Maryland Small Business Development Financing Authority to authorize the provision of a guaranty under the Small Business Guaranty Fund in an irrevocable letter of credit, an official treasurer's check, funds on deposit in an escrow or other depository account, or any other legal instrument promising a financial institution restitution or reimbursement for its loan losses, within the limits of the guaranty.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Finance

Committee Testimony

Witness List

Details

Cross-filed with: SB1008

Bill File Type: Regular

Effective Date(s): October 1, 2025

History

Legislation History
Chamber House Calendar Date 1/23/2025 Legislative Date 1/23/2025 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development - Small Business Guaranty Fund - Alterations Proceedings
Chamber House Calendar Date 1/31/2025 Legislative Date 1/31/2025 Action Hearing 2/20 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/14/2025 Legislative Date 3/14/2025 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/14/2025 Legislative Date 3/04/2025 Action Favorable with Amendments {443620/1 Adopted Proceedings 44 Click to view Recorded Media
Chamber House Calendar Date 3/14/2025 Legislative Date 3/04/2025 Action Second Reading Passed with Amendments Proceedings 44 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Economic Development - Small Business Guaranty Fund - Alterations Proceedings
Chamber House Calendar Date 3/14/2025 Legislative Date 3/05/2025 Action Third Reading Passed (135-3) Proceedings 45 Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2025 Legislative Date 2/28/2025 Action Referred Finance Proceedings 48 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/27/2025 Legislative Date 3/27/2025 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 3/28/2025 Legislative Date 3/10/2025 Action Favorable Adopted Second Reading Passed Proceedings 58 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/23/2025	1/23/2025	First Reading Ways and Means
			Text - First - Economic Development - Small Business Guaranty Fund - Alterations
House	1/31/2025	1/31/2025	Hearing 2/20 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/14/2025	3/14/2025	Favorable with Amendments Report by Ways and Means
House	3/14/2025	3/04/2025	Favorable with Amendments {443620/1 Adopted	44 Click to view Recorded Media
House	3/14/2025	3/04/2025	Second Reading Passed with Amendments	44 Click to view Recorded Media
			Text - Third - Economic Development - Small Business Guaranty Fund - Alterations
House	3/14/2025	3/05/2025	Third Reading Passed (135-3)	45 Click to view Recorded Media
Senate	3/17/2025	2/28/2025	Referred Finance	48 Click to view Recorded Media
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/27/2025	3/27/2025	Favorable Report by Finance
Senate	3/28/2025	3/10/2025	Favorable Adopted Second Reading Passed	58 Click to view Recorded Media

File Code

Subjects

Statutes