Legislation - HB0259

Title: Financial Institutions - Maryland Community Investment Venture Fund and Regulation of Entities - Revisions
Sponsored by: Chair, Economic Matters Committee (By Request - Departmental - Labor)
Status: In the House - Hearing 2/03 at 1:00 p.m.
Analysis

Synopsis

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.

Committees

Original:: Economic Matters

Details

Cross-filed with: SB0043

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2026

By Request of the Governor

History

Legislation History
Chamber House Calendar Date 9/30/2025 Legislative Date 9/30/2025 Action Pre-filed Proceedings
Chamber House Calendar Date 1/14/2026 Legislative Date 1/14/2026 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions - Maryland Community Investment Venture Fund and Regulation of Entities - Revisions Proceedings
Chamber House Calendar Date 1/19/2026 Legislative Date 1/19/2026 Action Hearing 2/03 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	9/30/2025	9/30/2025	Pre-filed
House	1/14/2026	1/14/2026	First Reading Economic Matters
			Text - First - Financial Institutions - Maryland Community Investment Venture Fund and Regulation of Entities - Revisions
House	1/19/2026	1/19/2026	Hearing 2/03 at 1:00 p.m.

File Code

Subjects

Statutes