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HB 1004

Enacted
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Financial Institutions - Commissioner of Financial Regulation - Credit Union Power

Sponsor: Brian M. Crosby (District 29B)Committee: Economic MattersSubject: Financial InstitutionsStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 427 (as of Dec 1, 2021)

What this bill does

Official synopsis

Altering the process by and circumstances under which a credit union may engage in any additional activity, service, or other practice that is authorized for federal credit unions; requiring a credit union to provide written notice to the Commissioner of Financial Regulation at least 45 calendar days before engaging in any additional activity, service, or other practice; authorizing the Commissioner to prohibit a credit union from engaging in any additional activity, service, or other practice under certain circumstances; etc.

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Testimony (11)

MGA witness list
FAV 11Favorable
PositionWitnessOrganizationTestimony
FAVBratsakis, JohnMD|DC Credit Union AssociationOral
FAVBratsakis, JohnMD|DC Credit Union AssociationOral + Written (PDF)
FAVFulginiti, AndrewMaryland Department of LaborWritten (PDF)
FAVFulginiti, AndrewMaryland Dept of LaborWritten (PDF)
FAVCrosby, BrianOffice of Delegate Brian CrosbyOral + Written (PDF)
FAVCrosby, BrianOffice of Delegate Brian CrosbyOral + Written (PDF)
FAVCunningham, JosephIndividualWritten (PDF)
FAVDelegate Crosby, Delegate CrosbylegislatorIndividualOral
FAVDelegate Crosby, Delegate CrosbylegislatorIndividualOral
FAVMurray, RorylobbyistIndividualOral + Written (PDF)
FAVMurray, RorylobbyistIndividualOral + Written (PDF)

Organizations on record

Registered lobbyists who testified

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
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