Skip to content
NFIB Logo Join Now

Governor Signs Economic Development Legislation

Governor Signs Economic Development Legislation

May 17, 2023

“The Access to Banking Act” aimed at helping Small Businesses

Governor Signs Economic Development Legislation

Governor Wes Moore and legislative leaders enacted “The Access to Banking Act,” passed by the General Assembly this past session. The bill, HB548, creates the Maryland Community Investment Venture Fund. The purpose of the Fund is to develop opportunities for banks and credit unions to better serve the needs of low- to moderate-income tracts. According to the Moore Administration, the law will have a positive impact on small businesses in these tracts by ensuring the availability of credit and investment capital. For questions, please reach out to NFIB Maryland State Director Mike O’Halloran.
Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

NFIB and Community Bankers Association of GA hosted a town hall on Aug. 6 2024 in Gainesville Georgia
July 10, 2025
Legislative Town Hall Brings Lawmakers, Small Business Owners T…
The meeting is one of several planned throughout the state in the coming we…
Read More
July 9, 2025
Maryland Small Business Optimism Remains Steady in June
Taxes remain small business owners’ single most important problem
Read More
July 8, 2025
Aug. 5 Webinar to Help Employees Return to the Workplace
The program is presented by the REWARD Employee Support Network.
Read More
July 8, 2025
NFIB: Mississippi Sales Tax Holiday Could Be a Boon to Main Str…
This year’s tax-free weekend begins Friday, July 11-13, and covers purchase…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility