Fabio
68 lines
3.2 KiB
Markdown
68 lines
3.2 KiB
Markdown
---
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type: "Bill"
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title: "Financial Regulation - Modernizing Licensing of Non-Depository Institutions and Elimination of Branch License Requirements"
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description: "Financial Regulation - Modernizing Licensing of Non-Depository Institutions and Elimination of Branch License Requirements"
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jurisdiction: "us/states/md"
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legislature: "Maryland General Assembly"
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session: "2023"
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identifier: "HB 686"
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citation: "Maryland HB 686 (2023)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Queen"]
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version_count: 3
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action_count: 15
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vote_count: 0
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first_action: "2023-02-06"
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last_action: "2023-05-08"
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source: "openstates"
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source_identifier: "ocd-bill/fc02306d-4d80-41ad-8b8f-fe4449425c34"
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source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/hb0686?ys=2023RS&search=True"
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source_hash: "1a262bcb061bf34cd223ffbb8b48b8c990482113d5292e4ffea31f66dce30840"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-md"]
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---
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# Maryland HB 686 (2023) — Financial Regulation - Modernizing Licensing of Non-Depository Institutions and Elimination of Branch License Requirements
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Chapter - Financial Regulation - Modernizing Licensing of Non-Depository Institutions and Elimination of Branch License Requirements** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_567_hb0686t.pdf)
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2. **First - Financial Regulation - Modernizing Licensing of Non-Depository Institutions and Elimination of Branch License Requirements** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/hb/hb0686f.pdf)
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3. **Third - Financial Regulation - Modernizing Licensing of Non-Depository Institutions and Elimination of Branch License Requirements** (committee substitute) — [source](http://mgaleg.maryland.gov/2023RS/bills/hb/hb0686t.pdf)
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## Sponsors
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- Queen — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-02-06** First Reading Economic Matters `referral-committee`
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- **2023-02-07** Hearing 3/01 at 1:00 p.m.
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- **2023-02-08** Hearing canceled
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- **2023-02-08** Hearing 2/22 at 1:00 p.m.
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- **2023-03-18** Favorable Report by Economic Matters `committee-passage-favorable`
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- **2023-03-18** Favorable Adopted Second Reading Passed `committee-passage-favorable`
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- **2023-03-20** Third Reading Passed `passage`
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- **2023-03-20** Referred Finance `referral-committee`
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- **2023-03-21** Hearing 3/23 at 1:00 p.m.
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- **2023-03-31** Favorable Report by Finance `committee-passage-favorable`
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- **2023-03-31** Favorable Adopted `committee-passage-favorable`
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- **2023-03-31** Second Reading Passed
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- **2023-04-05** Third Reading Passed `passage`
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- **2023-04-05** Returned Passed
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- **2023-05-08** Approved by the Governor - Chapter 567 `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fc02306d-4d80-41ad-8b8f-fe4449425c34`. Confidence: reported (aggregated from official Maryland legislature records).
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