- Title
- Financial Institutions - Community Benefit Plan Act of 2024
- Sponsored by
- Delegate Wells
- Status
- In the House - Withdrawn by Sponsor
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring certain regulated financial institutions to develop a community benefit plan in connection with certain applications to the Commissioner of Financial Regulation relating to financial services; requiring the Commissioner to exercise certain oversight authority relating to the adequacy of the community benefit plans and attainment of goals under the plans; establishing the Community Reinvestment Fund as a special, nonlapsing fund to finance certain community development activities; etc.
Committees
- Original:
- Economic Matters
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): October 1, 2024
History
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File Code
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Subjects
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Statutes
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Last Updated: 5/13/2024 10:35 AM