HB 41

Did not advance

Maryland State Bank Task Force - Establishment

Sponsor: Stephanie Smith (District 45)Committee: Economic MattersSubject: Financial InstitutionsStatus: Hearing 3/23 at 1:00 p.m. (as of Dec 1, 2021)

What this bill does

Official synopsis

Establishing the Maryland State Bank Task Force; providing for the composition, chair, and staffing of the Task Force; requiring the Task Force to review and evaluate, in a certain manner, the creation of a Maryland State Bank that would support economic development in the State, provide stability to the local financial sector, and reduce some costs paid by the State; requiring the Task Force to report its findings and recommendations to the Governor and certain committees of the General Assembly by December 1, 2021; 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 (25)

MGA witness list

FAV 18FavorableUNF 6UnfavorableINFO 1Information only

Position	Witness	Organization	Testimony
FAV	Moore, Tonaeyalobbyist	CASH CAMPAIGN OF MARYLAND	Oral + Written (PDF)
FAV	Moore, Tonaeyalobbyist	CASH CAMPAIGN OF MARYLAND	Oral + Written (PDF)
FAV	Franchot, Comptroller	Comptroller of Maryland	Written (PDF)
FAV	Bratsakis, John	MD\|DC Credit Union Association	Oral
FAV	Schumitz, Kalilobbyist	Maryland Center on Economic Policy	Written (PDF)
FAV	Schumitz, Kalilobbyist	Maryland Center on Economic Policy	Oral + Written (PDF)
FAV	Britt, Adiena	N/A	Position only
FAV	Robinson, Lamar	The Office of Delegate Stephanie Smith	Written (PDF)
FAV	Robinson, Lamar	The Office of Delegate Stephanie Smith	Oral + Written (PDF)
FAV	Vanatta, Sean	University of Glasgow	Oral + Written (PDF)
FAV	Vanatta, Sean	University of Glasgow	Oral + Written (PDF)
FAV	Delegate Smith, Delegate Smithlegislator	Individual	Position only
FAV	Delegate Smith, Delegate Smithlegislator	Individual	Oral
FAV	Murray, Rorylobbyist	Individual	Oral + Written (PDF)
FAV	Stern, Isadoralobbyist	Individual	Written (PDF)
FAV	White, Marcelinelobbyist	Individual	Oral + Written (PDF)
FAV	Wilson Randall, Claudia	Individual	Oral + Written (PDF)
FAV	Wilson Randall, Claudia	Individual	Oral + Written (PDF)
UNF	Lehman, Mindy	Maryland Bankers Assocation	Oral + Written (PDF)
UNF	Lehman, Mindy	Maryland Bankers Assocation	Oral
UNF	Butts, Andryana	Maryland Bankers Association	Oral + Written (PDF)
UNF	Enten, Robert	Maryland Building Industry Assoc	Oral
UNF	Enten, Robert	Maryland Building Industry Assoc	Oral
UNF	Looby, Ramon	Individual	Oral
INFO	kaufman, mark	Neighborhood Impact Investment Fund LLC	Written (PDF)

Organizations on record

CASH CAMPAIGN OF MARYLANDFAV 2

Comptroller of MarylandFAV 1

Maryland Bankers AssocationUNF 2

Maryland Bankers AssociationUNF 1

Maryland Building Industry AssocUNF 2

Maryland Center on Economic PolicyFAV 2

MD|DC Credit Union AssociationFAV 1

N/AFAV 1

Neighborhood Impact Investment Fund LLCINFO 1

The Office of Delegate Stephanie SmithFAV 2

University of GlasgowFAV 2

Registered lobbyists who testified

FAVMoore, TonaeyaCASH CAMPAIGN OF MARYLANDRegistered for: CASH Campaign of Maryland

FAVSchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy

FAVMurray, RoryRegistered 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…

FAVStern, IsadoraRegistered for: Maryland Consumer Rights Coalition

FAVWhite, MarcelineRegistered for: Maryland Consumer Rights Coalition DBA Economic Action Maryland; Maryland Consumer Rights Coalition