Legislation - SB0043

Title: Financial Institutions - Maryland Community Investment Venture Fund and Regulation of Entities - Revisions
Sponsored by: Chair, Finance Committee (By Request - Departmental - Labor)
Status: In the House - First Reading Economic Matters
Analysis: Fiscal and Policy Note

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:: Finance Click to view Recorded Media

Opposite:: Economic Matters

Committee Testimony

Witness List

Details

Cross-filed with: HB0259

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2026

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 9/30/2025 Legislative Date 9/30/2025 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/14/2026 Legislative Date 1/14/2026 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions - Maryland Community Investment Venture Fund and Regulation of Entities - Revisions Proceedings
Chamber Senate Calendar Date 1/20/2026 Legislative Date 1/20/2026 Action Hearing 1/29 at 3:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/09/2026 Legislative Date 2/09/2026 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 2/10/2026 Legislative Date 2/07/2026 Action Favorable Adopted Proceedings 18 Click to view Recorded Media
Chamber Senate Calendar Date 2/10/2026 Legislative Date 2/07/2026 Action Second Reading Passed Proceedings 18 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Financial Institutions - Maryland Community Investment Venture Fund and Regulation of Entities - Revisions Proceedings
Chamber Senate Calendar Date 2/12/2026 Legislative Date 2/09/2026 Action Third Reading Passed (44-0) Proceedings 20 Click to view Recorded Media
Chamber House Calendar Date 2/13/2026 Legislative Date 2/13/2026 Action Referred Economic Matters Proceedings 22 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	9/30/2025	9/30/2025	Pre-filed
Senate	1/14/2026	1/14/2026	First Reading Finance
			Text - First - Financial Institutions - Maryland Community Investment Venture Fund and Regulation of Entities - Revisions
Senate	1/20/2026	1/20/2026	Hearing 1/29 at 3:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/09/2026	2/09/2026	Favorable Report by Finance
Senate	2/10/2026	2/07/2026	Favorable Adopted	18 Click to view Recorded Media
Senate	2/10/2026	2/07/2026	Second Reading Passed	18 Click to view Recorded Media
			Text - Third - Financial Institutions - Maryland Community Investment Venture Fund and Regulation of Entities - Revisions
Senate	2/12/2026	2/09/2026	Third Reading Passed (44-0)	20 Click to view Recorded Media
House	2/13/2026	2/13/2026	Referred Economic Matters	22 Click to view Recorded Media

File Code

Subjects

Statutes