---
type: "Bill"
title: "Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements"
description: "Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2023"
identifier: "HB 1150"
citation: "Maryland HB 1150 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Queen"]
version_count: 3
action_count: 15
vote_count: 0
first_action: "2023-02-10"
last_action: "2023-05-08"
source: "openstates"
source_identifier: "ocd-bill/35ff2a82-d3bc-48b8-a2d5-9d99473ea178"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/hb1150?ys=2023RS&search=True"
source_hash: "a40b22808a704e7043c18d93a86eb1639558b014630c8f97f3e42ae70a5a906a"
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 1150 (2023) — Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements

## Version chain

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

1. **Chapter - Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_568_hb1150t.pdf)
2. **First - Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/hb/hb1150f.pdf)
3. **Third - Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/hb/hb1150t.pdf)

## Sponsors

- Queen — primary (person)

## Timeline

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

- **2023-02-10** First Reading Economic Matters `referral-committee`
- **2023-02-10** Hearing 3/01 at 1:00 p.m.
- **2023-03-14** Favorable Report by Economic Matters `committee-passage-favorable`
- **2023-03-15** Favorable Adopted `committee-passage-favorable`
- **2023-03-15** Motion Special Order until 3/16 (Delegate Hartman) Adopted
- **2023-03-17** Second Reading Passed
- **2023-03-20** Third Reading Passed `passage`
- **2023-03-20** Referred Finance `referral-committee`
- **2023-03-21** Hearing 3/23 at 1:00 p.m.
- **2023-03-31** Favorable Report by Finance `committee-passage-favorable`
- **2023-03-31** Favorable Adopted `committee-passage-favorable`
- **2023-03-31** Second Reading Passed
- **2023-04-05** Third Reading Passed `passage`
- **2023-04-05** Returned Passed
- **2023-05-08** Approved by the Governor - Chapter 568 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/35ff2a82-d3bc-48b8-a2d5-9d99473ea178`. Confidence: reported (aggregated from official Maryland legislature records).