---
type: "Bill"
title: "Financial Institutions - Commissioner of Financial Regulation - Banking Institution Powers"
description: "Financial Institutions - Commissioner of Financial Regulation - Banking Institution Powers"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2020"
identifier: "SB 15"
citation: "Maryland SB 15 (2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 14
vote_count: 2
first_action: "2019-09-30"
last_action: "2020-05-08"
source: "openstates"
source_identifier: "ocd-bill/77feed14-e991-4fb8-8861-bbc4daf9c114"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0015?ys=2020RS&search=True"
source_hash: "88bea2ff0ea2a449d6fb61f933653de89a267d4ea7180fbe5dc1a182ea23b446"
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 15 (2020) — Financial Institutions - Commissioner of Financial Regulation - Banking Institution Powers

## Version chain

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

1. **Chapter - Financial Institutions - Commissioner of Financial Regulation - Banking Institution Powers** (committee substitute) — [source](http://mgaleg.maryland.gov/2020RS/Chapters_noln/CH_499_sb0015t.pdf)
2. **First - Financial Institutions - Commissioner of Financial Regulation - Banking Institution Powers** (committee substitute) — [source](http://mgaleg.maryland.gov/2020RS/bills/sb/sb0015f.pdf)
3. **Third - Financial Institutions - Commissioner of Financial Regulation - Banking Institution Powers** (committee substitute) — [source](http://mgaleg.maryland.gov/2020RS/bills/sb/sb0015t.pdf)

## Votes

- On Third Reading — **126–1** (pass) · lower
- On Third Reading — **45–0** (pass) · upper

## Sponsors

- Chair, Finance Committee — primary (organization)

## Timeline

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

- **2019-09-30** Pre-filed `introduction`
- **2020-01-08** First Reading Finance `referral-committee`
- **2019-12-20** Hearing 1/22 at 1:00 p.m.
- **2020-01-27** Favorable with Amendments Report by Finance `committee-passage-favorable`
- **2020-01-28** Favorable with Amendments { `committee-passage-favorable`
- **2020-01-28** Second Reading Passed with Amendments
- **2020-01-30** Third Reading Passed `passage`
- **2020-01-31** Referred Economic Matters `referral-committee`
- **2020-03-15** Hearing 3/16 at 1:00 p.m.
- **2020-03-17** Favorable Report by Economic Matters `committee-passage-favorable`
- **2020-03-17** Favorable Adopted Second Reading Passed `committee-passage-favorable`
- **2020-03-18** Third Reading Passed `passage`
- **2020-03-18** Returned Passed
- **2020-05-08** Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 499 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/77feed14-e991-4fb8-8861-bbc4daf9c114`. Confidence: reported (aggregated from official Maryland legislature records).