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Bill

HB 917

Corporations and Associations - Maryland Securities Act - Filing Fees

2025 Regular Session Introduced by Marlon Amprey

HB 917 adjusts Maryland Securities Act filing fees for corporations and associations, potentially altering compliance costs and state regulatory revenue.

Hearing 3/27 at 1:00 p.m.
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Bill Summary · HB 917

Legislative bill overview

HB 917 modifies filing fee structures under Maryland's Securities Act for corporations and associations. The bill adjusts how fees are calculated and collected when entities file securities-related documents with the state, potentially streamlining administrative processes or changing cost burdens on filers.

Why is this important

Filing fees directly affect the cost of doing business in Maryland for corporations and investment firms. Changes to fee structures can influence business competitiveness, state revenue, and regulatory accessibility for smaller versus larger entities operating in the securities sector.

Potential points of contention

  • Revenue impact: Modifications to filing fees may reduce state regulatory agency funding, requiring budget adjustments or service reductions
  • Competitive burden: Fee changes could disproportionately affect small businesses or startups versus large corporations, depending on fee structure design
  • Administrative complexity: Amended fee systems may require significant regulatory rewrites and create transition challenges for filers and state processors

Compiled from official sources — confirm details with the bill’s official record.

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