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SB 826

EnactedCrossfile HB 1242
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Economic Development - Maryland Watermen's Microloan Program - Establishment

Sponsor: Senator KlausmeierCommittee: FinanceSubject: Economic DevelopmentStatus: Approved by the Governor - Chapter 384 (as of Nov 15, 2022)

What this bill does

Official synopsis

Establishing the Maryland Watermen's Microloan Program in the Maryland Agricultural and Resource-Based Industry Development Corporation to provide loans to qualified commercial fishermen to continue commercial operations in the State; providing, beginning July 1, 2025, that generational watermen, beginner watermen, and seafood processing businesses are eligible to receive loans under the Program; and requiring that a loan made under the Program be at least $7,000 and not more than $15,000.

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Testimony (11)

MGA witness list
FAV 10FavorableINFO 1Information only
PositionWitnessOrganizationTestimony
FAVBaltus, BlairBaltimore County Watermens AssociationOral
FAVMcHenry, SteveMARBIDCO (Maryland Ag/RBI Development Corp.)Oral + Written (PDF)
FAVHowes, JuliaSouthern Anne Arundel ChamberOral
FAVHarrison, HermanTalbot Watermen AssociationOral
FAVPaulshock, WilliamownerOral + Written (PDF)
FAVDavis, CharlotteIndividualWritten (PDF)
FAVDean, RachelIndividualWritten (PDF)
FAVGilmer, MoochieIndividualOral
FAVJordan, CrystalIndividualOral
FAVSenator Klausmeier, Senator KlausmeierlegislatorIndividualOral
INFOWilkins, BarbaraIndividualWritten (PDF)

Organizations on record