Legislation

Title: Financial Institutions - State Banks, Trust Companies, and Savings Banks - Incorporators
Sponsored by: Chair, Finance Committee (By Request - Departmental - Labor)
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 498
Analysis: Fiscal and Policy Note

Synopsis

Reducing the number and altering the qualifications of the incorporators required to form a commercial bank or a savings bank in the State; repealing certain provisions relating to additional and vacant directorships of certain commercial banks; etc.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Economic Matters Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2020

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 9/17/2019 Legislative Date 9/17/2019 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/08/2020 Legislative Date 1/08/2020 Action First Reading Finance Proceedings
Chamber Senate Calendar Date 12/20/2019 Legislative Date 12/20/2019 Action Hearing 1/22 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions - State Banks, Trust Companies, and Savings Banks - Incorporators Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 1/23/2020 Legislative Date 1/23/2020 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 1/24/2020 Legislative Date 1/24/2020 Action Favorable Adopted Proceedings 13 Click to view Recorded Media
Chamber Senate Calendar Date 1/24/2020 Legislative Date 1/24/2020 Action Second Reading Passed Proceedings 13 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Financial Institutions - State Banks, Trust Companies, and Savings Banks - Incorporators Proceedings
Chamber Senate Calendar Date 1/28/2020 Legislative Date 1/28/2020 Action Third Reading Passed (46-0) Proceedings 15 Click to view Recorded Media
Chamber House Calendar Date 1/29/2020 Legislative Date 1/29/2020 Action Referred Economic Matters Proceedings 16 Click to view Recorded Media
Chamber House Calendar Date 3/15/2020 Legislative Date 3/15/2020 Action Hearing 3/16 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 3/18/2020 Legislative Date 3/18/2020 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/18/2020 Legislative Date 3/16/2020 Action Favorable Adopted Second Reading Passed Proceedings 53 Click to view Recorded Media
Chamber House Calendar Date 3/18/2020 Legislative Date 3/16/2020 Action Motion Rules Suspend Two Readings Same Day (Delegate Luedtke) Adopted (128-0) Proceedings 53 Click to view Recorded Media
Chamber House Calendar Date 3/18/2020 Legislative Date 3/16/2020 Action Third Reading Passed (125-1) Proceedings 53 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/08/2020 Legislative Date 5/08/2020 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 498 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Financial Institutions - State Banks, Trust Companies, and Savings Banks - Incorporators Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	9/17/2019	9/17/2019	Pre-filed
Senate	1/08/2020	1/08/2020	First Reading Finance
Senate	12/20/2019	12/20/2019	Hearing 1/22 at 1:00 p.m.
			Text - First - Financial Institutions - State Banks, Trust Companies, and Savings Banks - Incorporators
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	1/23/2020	1/23/2020	Favorable Report by Finance
Senate	1/24/2020	1/24/2020	Favorable Adopted	13 Click to view Recorded Media
Senate	1/24/2020	1/24/2020	Second Reading Passed	13 Click to view Recorded Media
			Text - Third - Financial Institutions - State Banks, Trust Companies, and Savings Banks - Incorporators
Senate	1/28/2020	1/28/2020	Third Reading Passed (46-0)	15 Click to view Recorded Media
House	1/29/2020	1/29/2020	Referred Economic Matters	16 Click to view Recorded Media
House	3/15/2020	3/15/2020	Hearing 3/16 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/18/2020	3/18/2020	Favorable Report by Economic Matters
House	3/18/2020	3/16/2020	Favorable Adopted Second Reading Passed	53 Click to view Recorded Media
House	3/18/2020	3/16/2020	Motion Rules Suspend Two Readings Same Day (Delegate Luedtke) Adopted (128-0)	53 Click to view Recorded Media
House	3/18/2020	3/16/2020	Third Reading Passed (125-1)	53 Click to view Recorded Media
Post Passage	5/08/2020	5/08/2020	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 498
			Text - Chapter - Financial Institutions - State Banks, Trust Companies, and Savings Banks - Incorporators

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Subjects

Statutes