---
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: "SB 206"
citation: "Maryland SB 206 (2017)"
classification: ["bill"]
subjects: ["Financial Institutions", "Banks and Trust Companies", "Commerce and Business", "Financial Institutions", "Residency", "Work", "Labor and Employment"]
status: "enacted"
primary_sponsors: ["Feldman"]
version_count: 1
action_count: 13
vote_count: 2
first_action: "2017-01-19"
last_action: "2017-04-18"
source: "openstates"
source_identifier: "ocd-bill/977db63a-c303-4aae-8db3-b4ccad2e0f50"
source_url: "http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=SB206&stab=01&pid=billpage&tab=subject3&ys=2017rs"
source_hash: "1c644bc69499835f167da6e10442a83e3605aa4697a59a0e7b795e42e75f03ec"
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 SB 206 (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/sb/sb0206f.pdf)

## Votes

- Third Reading — **140–0** (pass) · legislature
- Third Reading — **46–1** (pass) · legislature

## Sponsors

- Feldman — primary (person)
- Astle — cosponsor (person)
- Benson — cosponsor (person)
- Hershey — cosponsor (person)
- Jennings — cosponsor (person)
- Klausmeier — cosponsor (person)
- Mathias — cosponsor (person)
- Middleton — cosponsor (person)
- Oaks — cosponsor (person)
- Reilly — cosponsor (person)
- Rosapepe — cosponsor (person)

## Timeline

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

- **2017-01-19** First Reading Finance `referral-committee`
- **2017-01-19** Hearing 1/31 at 1:00 p.m.
- **2017-02-20** Favorable with Amendments Report by Finance `committee-passage-favorable`
- **2017-02-21** Favorable with Amendments {427570/1 Report Adopted `committee-passage-favorable`
- **2017-02-21** Second Reading Passed with Amendments
- **2017-02-23** Third Reading Passed (46-1) `passage`
- **2017-02-24** First Reading Economic Matters `referral-committee`
- **2017-03-27** Favorable Report by Economic Matters `committee-passage-favorable`
- **2017-03-27** Favorable Report Adopted `committee-passage-favorable`
- **2017-03-27** Second Reading Passed
- **2017-03-28** Third Reading Passed (140-0) `passage`
- **2017-03-29** Returned Passed
- **2017-04-18** Approved by the Governor - Chapter 265 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/977db63a-c303-4aae-8db3-b4ccad2e0f50`. Confidence: reported (aggregated from official Maryland legislature records).