Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)
Sponsor: Kevin M. Harris (District 27)Committee: FinanceSubject: Economic DevelopmentStatus: Approved by the Governor - Chapter 392 (as of Sep 4, 2026)
What this bill does
Official synopsis
Authorizing the Department of Commerce to authorize an eligible fund manager to receive, use, and retain a certain management fee; and authorizing the Department to set an annual cap on the cumulative amount of certain management fees an eligible fund manager may receive.
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Testimony (10)
MGA witness listFAV 10Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Gowan, Amy | Anne Arundel Economic Development Corporation | Oral + Written (PDF) |
| FAV | Medley, Dawn | FSC First | Written (PDF) |
| FAV | Vey, Jenniferlobbyist | Greater Baltimore Committee | Written (PDF) |
| FAV | Jones, Jennifer | Howard County Economic Development Authority | Oral + Written (PDF) |
| FAV | Richards, Evanlobbyist | Maryland Bankers Association | Written (PDF) |
| FAV | Coker, Harry | Maryland Department of Commerce | Written (PDF) |
| FAV | Wilder, Sharon | The Oaks Hospitality Group | Oral + Written (PDF) |
| FAV | Harris, Kevin M. | Individual | Written (PDF) |
| FAV | Mauer, William | Individual | Position only |
| FAV | Senator Harris, Senator Harrislegislator | Individual | Oral |