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SB 14

Enacted
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Financial Institutions - State Banks, Trust Companies, and Savings Banks - Incorporators

Sponsor: Chair, Finance CommitteeCommittee: FinanceSubject: Financial InstitutionsStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 498 (as of Nov 6, 2020)

What this bill does

Official 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.

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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (8)

MGA witness list
FAV 7FavorableUNF 1Unfavorable
PositionWitnessOrganizationTestimony
FAVFulfiniti, AndrewDOLWritten (PDF)
FAVEnten, BobMBAOral
FAVMurphy, KathleenMBAOral
FAVRobinson, TiffanyMaryland Department of LaborOral + Written (PDF)
FAVSalazar, AntonioMaryland Department of LaborPosition only
FAVChair, Finance Committee, Chair, Finance CommitteeIndividualPosition only
FAVChair, Finance Committee, Chair, Finance CommitteeIndividualPosition only
UNFWhite, MarcelinelobbyistMaryland Consumer Rights CoalitionWritten (PDF)

Organizations on record

Registered lobbyists who testified

UNFWhite, MarcelineMaryland Consumer Rights CoalitionRegistered for: Maryland Consumer Rights Coalition DBA Economic Action Maryland; Maryland Consumer Rights Coalition