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Neutral Bill Mar 16, 2026

Economic Development - Small Business Guaranty Fund - Alterations

Authorizing the Maryland Small Business Development Financing Authority to authorize the provision of a guaranty under the Small Business Guaranty Fund in an irrevocable letter of credit, an official treasurer's check, funds on deposit in an escrow or other depository account, or any other legal instrument promising a financial institution restitution or reimbursement for its loan losses, within the limits of the guaranty.

https://legiscan.com/MD/bill/HB601/2025
Bill data from LegiScan, used under CC BY 4.0.
Scott Phillips Delegate
ECONOMIC DEVELOPMENT Small business Checks CREDIT FINANCIAL INSTITUTIONS LOANS Administrative Agencies Revenue and Taxes Commerce and Business Escrow Accounts
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