# Maryland HB 0601: Economic Development - Small Business Guaranty Fund - Alterations

Maryland HB 0601, Economic Development - Small Business Guaranty Fund - Alterations, is a 2025 Regular Session House bill sponsored by N. Scott Phillips (Democratic); status signed, last action 2025-04-08 (Approved by the Governor - Chapter 3) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/MD-HB0601-2025RS
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland HB 0601
- State: Maryland
- Session: 2025 Regular Session
- Title: Economic Development - Small Business Guaranty Fund - Alterations
- Status: signed
- Chamber: House
- Introduced: 2025-01-23
- Last action: 2025-04-08, Approved by the Governor - Chapter 3
- Sponsor: N. Scott Phillips (Democratic)
- Cosponsors: 15
- Subjects: Economic Development, Administrative Agencies, Checks, Commerce and Business -see also- ElectrComm; ForeignTr; etc., Credit, Escrow Accounts, Financial Institutions -see also- Banks; Credit Unions; etc., Loans -see also- Credit; Mortgages; Scholarships&SFA, Revenue and Taxes -see also- (specific tax), Small Business
- Touches household money: no
- Roll calls: 2 (181 yes, 3 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: N. Scott Phillips (Democratic), House
- Cosponsor: Marlon Amprey (Democratic), House
- Cosponsor: Regina T. Boyce (Democratic), House
- Cosponsor: Frank M. Conaway (Democratic), House
- Cosponsor: Charlotte Crutchfield (Democratic), House
- Cosponsor: Cheryl E. Pasteur (Democratic), House
- Cosponsor: Edith J. Patterson (Democratic), House
- Cosponsor: Joseline A. Peña-Melnyk (Democratic), House
- Cosponsor: Kent Roberson (Democratic), House
- Cosponsor: Malcolm P. Ruff (Democratic), House
- Cosponsor: Gary Simmons (Democratic), House
- Cosponsor: Deni Taveras (Democratic), House
- Cosponsor: Karen Toles (Democratic), House
- Cosponsor: Melissa Wells (Democratic), House
- Cosponsor: Jennifer White Holland (Democratic), House
- Cosponsor: Jamila J. Woods (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-02 | Senate | Third Reading Passed | pass | 46 | 0 | 1 |
| 2025-03-14 | House | Third Reading Passed | pass | 135 | 3 | 1 |

## Actions (12)

- 2025-04-08: Approved by the Governor - Chapter 3
- 2025-04-02: Returned Passed (House)
- 2025-04-02: Third Reading Passed (46-0) (Senate)
- 2025-03-28: Favorable Adopted Second Reading Passed (Senate)
- 2025-03-27: Favorable Report by Finance (Senate)
- 2025-03-17: Referred Finance (Senate)
- 2025-03-14: Third Reading Passed (135-3) (House)
- 2025-03-14: Second Reading Passed with Amendments (House)
- 2025-03-14: Favorable with Amendments {443620/1 Adopted (House)
- 2025-03-14: Favorable with Amendments Report by Ways and Means (House)
- 2025-01-31: Hearing 2/20 at 1:00 p.m. (House)
- 2025-01-23: First Reading Ways and Means (House)

## Bill text

- Enacted, 2025-04-08: [PDF](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_3_hb0601t.pdf)
- Third Reading, 2025-03-14: [PDF](https://mgaleg.maryland.gov/2025RS/bills/hb/hb0601t.pdf)
- First Reading, 2025-01-23: [PDF](https://mgaleg.maryland.gov/2025RS/bills/hb/hb0601f.pdf)

## Related bills

- SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions (vetoed)
- HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination Review Process (vetoed)
- HB 0384: Maryland Disability Service Animal Program - Established (vetoed)
- SB 0157: Maryland Disability Service Animal Program - Established (vetoed)
- HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization (became law)
- HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard (signed)

## Sources
- [Enacted (PDF)](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_3_hb0601t.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/hb/hb0601t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/hb/hb0601f.pdf)

## Related
- [SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions](https://policyrisk.com/state-bill/MD-SB0227-2025RS)
- [HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination…](https://policyrisk.com/state-bill/MD-HB0482-2025RS)
- [HB 0384: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-HB0384-2025RS)
- [SB 0157: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-SB0157-2025RS)
- [HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization](https://policyrisk.com/state-bill/MD-HB1294-2025RS)
- [HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard](https://policyrisk.com/state-bill/MD-HB0228-2025RS)
- [Maryland bills](https://policyrisk.com/states/maryland/bills)
- [Maryland state hub](https://policyrisk.com/states/maryland)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/MD-HB0601-2025RS (as of 2026-10-17).