---
type: "Bill"
title: "Financial Institutions - Qualifications of Directors of Commercial Banks - Residency"
description: "Financial Institutions - Qualifications of Directors of Commercial Banks - Residency"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2017"
identifier: "HB 718"
citation: "Maryland HB 718 (2017)"
classification: ["bill"]
subjects: ["Financial Institutions", "Banks and Trust Companies", "Commerce and Business", "Financial Institutions", "Residency", "Work", "Labor and Employment"]
status: "enacted"
primary_sponsors: ["Carey"]
version_count: 1
action_count: 14
vote_count: 2
first_action: "2017-02-02"
last_action: "2017-04-18"
source: "openstates"
source_identifier: "ocd-bill/18b1bd80-cdef-43e3-a43a-e806b9f61461"
source_url: "http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=HB718&stab=01&pid=billpage&tab=subject3&ys=2017rs"
source_hash: "b212e42264a3534e6bd64a2bf3300b1ec478b18c5188a29d9d251769c4840c9a"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---

# Maryland HB 718 (2017) — Financial Institutions - Qualifications of Directors of Commercial Banks - Residency

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Bill Text** (committee substitute) — [source](http://mgaleg.maryland.gov/2017RS/bills/hb/hb0718f.pdf)

## Votes

- Third Reading — **138–0** (pass) · legislature
- Third Reading — **46–0** (pass) · legislature

## Sponsors

- Carey — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-02-02** First Reading Economic Matters `referral-committee`
- **2017-02-02** Hearing 3/01 at 1:00 p.m.
- **2017-03-07** Favorable Report by Economic Matters `committee-passage-favorable`
- **2017-03-08** Favorable Report Adopted `committee-passage-favorable`
- **2017-03-08** Second Reading Passed
- **2017-03-10** Third Reading Passed (138-0) `passage`
- **2017-03-13** First Reading Finance `referral-committee`
- **2017-03-15** Hearing 3/23 at 1:00 p.m.
- **2017-03-27** Favorable Report by Finance `committee-passage-favorable`
- **2017-03-28** Favorable Report Adopted `committee-passage-favorable`
- **2017-03-28** Second Reading Passed
- **2017-03-29** Third Reading Passed (46-0) `passage`
- **2017-03-30** Returned Passed
- **2017-04-18** Approved by the Governor - Chapter 266 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/18b1bd80-cdef-43e3-a43a-e806b9f61461`. Confidence: reported (aggregated from official Maryland legislature records).