Legislation - HB0798

Title: Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)
Sponsored by: Delegate Wolek
Status: In the Senate - First Reading Finance
Analysis: Fiscal and Policy Note

Synopsis

Authorizing the Department of Commerce to authorize an eligible fund manager to receive, use, and retain a certain management fee; and authorizing the Department to set an annual cap on the cumulative amount of certain management fees an eligible fund manager may receive.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance

Committee Testimony

Witness List

Details

Cross-filed with: SB0920

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber House Calendar Date 2/04/2026 Legislative Date 2/04/2026 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act) Proceedings
Chamber House Calendar Date 2/09/2026 Legislative Date 2/09/2026 Action Hearing 2/24 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/10/2026 Legislative Date 3/10/2026 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/11/2026 Legislative Date 2/27/2026 Action Favorable Adopted Second Reading Passed Proceedings 36 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act) Proceedings
Chamber House Calendar Date 3/12/2026 Legislative Date 2/28/2026 Action Third Reading Passed (124-9) Proceedings 37 Click to view Recorded Media
Chamber Senate Calendar Date 3/13/2026 Legislative Date 2/28/2026 Action Referred Finance Proceedings 39 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/04/2026	2/04/2026	First Reading Economic Matters
			Text - First - Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)
House	2/09/2026	2/09/2026	Hearing 2/24 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/10/2026	3/10/2026	Favorable Report by Economic Matters
House	3/11/2026	2/27/2026	Favorable Adopted Second Reading Passed	36 Click to view Recorded Media
			Text - Third - Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)
House	3/12/2026	2/28/2026	Third Reading Passed (124-9)	37 Click to view Recorded Media
Senate	3/13/2026	2/28/2026	Referred Finance	39 Click to view Recorded Media

File Code

Subjects

Statutes