Financial Institutions - Maryland Community Investment Venture Fund and Regulation of Entities - Revisions

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill eliminates certain charter‑related fees, changes how the Maryland Community Investment Venture Fund is run, and updates assessment and credit rules for banks and credit unions. It extends the fund‑matching deadline to 2030, adds new incentives for opening branches in low‑ to moderate‑income tracts, and tightens rules on using bank names. The changes affect all state‑chartered banks, credit unions and other fiduciary institutions.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Hearings

• Economic Matters — Bill Hearing
  Economic Matters · Feb 3, 2026

History

1. Apr 14, 2026Approved by the Governor - Chapter 131
2. Apr 7, 2026Returned Passed
3. Apr 6, 2026Third Reading Passed
4. Mar 31, 2026Favorable Adopted Second Reading Passed
5. Mar 30, 2026Favorable Report by Finance
6. Feb 23, 2026Referred Finance
7. Feb 20, 2026Third Reading Passed
8. Feb 18, 2026Favorable Adopted Second Reading Passed
9. Feb 17, 2026Favorable Report by Economic Matters
10. Feb 3, 2026Hearing canceled
11. Feb 3, 2026Hearing 2/03 at 1:30 p.m.
12. Jan 19, 2026Hearing 2/03 at 1:00 p.m.

The 12 most recent of 14 recorded actions.

Sponsors

• Chair, Economic Matters Committee · sponsor

Bill text

Opens the legislature’s own copy.

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Topics

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