Financial Institutions - Commissioner of Financial Regulation - Banking Institution Powers
What this bill does
Altering the process for and circumstances under which a banking institution may engage in any additional activity, service, or other practice that is authorized for national banking associations; requiring a written notice to the Commissioner of Financial Regulation at least 45 calendar days before engaging in any additional activity; the Commissioner may prohibit certain activity or service if it is determined the performance of a certain activity would adversely affect the safety and soundness of the financial institution; etc.
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| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Fulfiniti, Andrew | DOL | Written (PDF) |
| FAV | Robinson, Tiffany | Maryland Department of Labor | Oral + Written (PDF) |
| FAV | Salazar, Antonio | Maryland Department of Labor | Position only |
| FAV | Chair, Finance Committee, Chair, Finance Committee | Individual | Position only |
| FAV | Chair, Finance Committee, Chair, Finance Committee | Individual | Position only |
| UNF | White, Marcelinelobbyist | Maryland Consumer Rights Coalition | Written (PDF) |
| FWA | Enten, Bob | MBA | Oral |
| FWA | Murphy, Kathleen | MBA | Oral |