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Credit unions have a positive Maryland Legislative Session

Tue, Apr 23, 2013

Columbia, Maryland

The 2013 Maryland Legislative Session presented credit unions with an array of legislative initiatives that would have been harmful to credit unions and the members that they serve. MDDCCUA is glad to report that every bill that would have been substantially harmful to credit union operations was defeated during the session.

In part because of MDDCCUA’s advocacy efforts, the following bills were defeated this session:

  • Maryland State-owned bank commission (HB 1306)
  • Mandatory review of checks deposited at ATMs (HB 498)
  • New debt collection disclosure requirements (HB 1157 & SB 432)
  • Increases in commercial property taxes (HB 161)
  • Prohibition on garnishment attachment fees greater than $50 (HB 814)
  • Blighted property nuisance abatements (SB 28)
  • Bills related to data privacy requirements (HB 1219, HB 960, & SB 859)
  • Commission on tax policy, reform, and fairness (HB 1302)

Along with the defeat of the above bills, MDDCCUA’s advocacy efforts ensured that a bill that authorizes the guardian of the property of a minor in a proceeding before an orphans' court to petition the court to deposit cash belonging to the minor in an amount not exceeding $200,000 into a single account be able to deposit those accounts into any institution, including privately-insured credit unions.

MDDCCUA will be developing full summaries and information on what credit unions must do in order to be in compliance with new laws for all bills that receive the Governor’s approval. In the meantime, should you have any questions regarding this year’s Maryland Legislative Session, please contact Ricardo Pineres (