Governmental Entities - Authorization to Bank With Credit Unions
Sponsor: Stephen S. Hershey, Jr. (District 36)Committee: FinanceSubject: Local Government - GenerallyStatus: Hearing 3/03 at 1:00 p.m. (as of Nov 6, 2020)
What this bill does
Official synopsis
Authorizing certain governmental entities or their authorized agents to deposit certain money in a credit union under certain circumstances; authorizing a credit union to act as a fiscal agent for and receive deposits from certain governmental entities; etc.
AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.
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 (14)
MGA witness listFAV 11FavorableUNF 3Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Weaver, Scott | Chief Lending Officer of APGFCU | Oral + Written (PDF) |
| FAV | Natale II, Kendrick S. | Director of Finance & Administration | Position only |
| FAV | Murray, Rorylobbyist | MDDC Credit Union Association | Oral + Written (PDF) |
| FAV | Murray, Rorylobbyist | MDDC Credit Union Association | Written (PDF) |
| FAV | Jorch, Bill | Maryland Municipal League | Oral + Written (PDF) |
| FAV | Woodruff, David | President and CEO of APLFCU | Oral + Written (PDF) |
| FAV | Bratsakis, John | President and CEO of MD/DC Credit Union Association | Position only |
| FAV | Hamilton, John | President and CEO of MECU | Position only |
| FAV | Vari, Frank | Town Council for Town of Chesapeake City | Oral + Written (PDF) |
| FAV | Taylor, Mayor Richard | Town of Chesapeake City | Oral + Written (PDF) |
| FAV | Senator Hershey, Senator Hersheylegislator | Individual | Oral + Written (PDF) |
| UNF | Elliott, Scott | MBA | Position only |
| UNF | Enten, Bob | MBA | Position only |
| UNF | Murphy, Kathleen | MBA | Oral + Written (PDF) |
Organizations on record
MBAUNF 3
Registered lobbyists who testified
FAVMurray, RoryMDDC Credit Union AssociationRegistered for: Alliance to Prevent Legionnaire's Disease; American Council of Engineering Companies/MD; Association of Independent Maryland and D.C. Schools; Chesapeake Watershed Restoration Professionals; Kaiser Permanente; Lightstar Renewables…
FAVMurray, RoryMDDC Credit Union AssociationRegistered for: Alliance to Prevent Legionnaire's Disease; American Council of Engineering Companies/MD; Association of Independent Maryland and D.C. Schools; Chesapeake Watershed Restoration Professionals; Kaiser Permanente; Lightstar Renewables…