---
type: "Bill"
title: "Financial Regulation - Maryland Community Investment Venture Fund - Establishment (Access to Banking Act)"
description: "Financial Regulation - Maryland Community Investment Venture Fund - Establishment (Access to Banking Act)"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2023"
identifier: "SB 550"
citation: "Maryland SB 550 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Administration", "Augustine", "Beidle", "Benson", "Carter", "Elfreth", "Ellis", "Feldman", "Gile", "Griffith", "Hayes", "Hester", "Hettleman", "Jackson", "Kagan", "King", "Klausmeier", "Lam", "M. Washington", "McCray", "Muse", "President", "Waldstreicher", "Watson", "West", "Zucker"]
version_count: 4
action_count: 15
vote_count: 0
first_action: "2023-02-06"
last_action: "2023-05-08"
source: "openstates"
source_identifier: "ocd-bill/b86e04c2-0280-4cf6-987c-bb399246ec18"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0550?ys=2023RS&search=True"
source_hash: "c932e0e1f93253d334bfbe64742b1cbb0f828c29919af98df0b7983eb3101521"
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 550 (2023) — Financial Regulation - Maryland Community Investment Venture Fund - Establishment (Access to Banking Act)

## Version chain

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

1. **Chapter - Financial Regulation - Maryland Community Investment Venture Fund - Establishment (Access to Banking Act)** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_433_sb0550e.pdf)
2. **Enrolled - Financial Regulation - Maryland Community Investment Venture Fund - Establishment (Access to Banking Act)** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0550e.pdf)
3. **First - Financial Regulation - Maryland Community Investment Venture Fund - Establishment (Access to Banking Act)** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0550f.pdf)
4. **Third - Financial Regulation - Maryland Community Investment Venture Fund - Establishment (Access to Banking Act)** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/sb/sb0550t.pdf)

## Sponsors

- Administration — primary (person)
- Augustine — primary (person)
- Beidle — primary (person)
- Benson — primary (person)
- Carter — primary (person)
- Elfreth — primary (person)
- Ellis — primary (person)
- Feldman — primary (person)
- Gile — primary (person)
- Griffith — primary (person)
- Hayes — primary (person)
- Hester — primary (person)
- Hettleman — primary (person)
- Jackson — primary (person)
- Kagan — primary (person)
- King — primary (person)
- Klausmeier — primary (person)
- Lam — primary (person)
- M. Washington — primary (person)
- McCray — primary (person)
- Muse — primary (person)
- President — primary (person)
- Waldstreicher — primary (person)
- Watson — primary (person)
- West — primary (person)
- Zucker — primary (person)

## Timeline

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

- **2023-02-06** First Reading Finance `referral-committee`
- **2023-02-07** Hearing 3/01 at 1:00 p.m.
- **2023-03-13** Favorable with Amendments Report by Finance `committee-passage-favorable`
- **2023-03-14** Favorable with Amendments { `committee-passage-favorable`
- **2023-03-14** Second Reading Passed with Amendments
- **2023-03-16** Third Reading Passed `passage`
- **2023-03-17** Referred Economic Matters `referral-committee`
- **2023-03-30** Favorable with Amendments Report by Economic Matters `committee-passage-favorable`
- **2023-03-30** Favorable with Amendments { `committee-passage-favorable`
- **2023-03-30** Second Reading Passed with Amendments
- **2023-04-05** Third Reading Passed `passage`
- **2023-04-10** Senate Concurs House Amendments
- **2023-04-10** Third Reading Passed `passage`
- **2023-04-10** Passed Enrolled
- **2023-05-08** Approved by the Governor - Chapter 433 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b86e04c2-0280-4cf6-987c-bb399246ec18`. Confidence: reported (aggregated from official Maryland legislature records).