# Maryland HB 0693: Commercial Financing - Small Business Truth in Lending Act

Maryland HB 0693, Commercial Financing - Small Business Truth in Lending Act, is a 2025 Regular Session House bill sponsored by David Fraser-Hidalgo (Democratic); status failed, last action 2025-03-17 (Motion Special Order until 04/07 (Delegate Crosby) Adopted) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/MD-HB0693-2025RS
- 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 0693
- State: Maryland
- Session: 2025 Regular Session
- Title: Commercial Financing - Small Business Truth in Lending Act
- Status: failed
- Chamber: House
- Introduced: 2025-01-24
- Last action: 2025-03-17, Motion Special Order until 04/07 (Delegate Crosby) Adopted
- Sponsor: David Fraser-Hidalgo (Democratic)
- Cosponsors: 0
- Subjects: Financial Institutions, Civil Offenses, Commerce and Business -see also- ElectrComm; ForeignTr; etc., Complaints, Contracts -see also- Procurement, Credit, Data -see also- Census; Demographics, Debt Management, Disclosure, Equipment -see also- Charging; Med. Equip.; MV Equip; etc., Federal Government, Fees -see also- Attys' Fees; Devt Fees & Taxes, Finance Companies, Financial Institutions -see also- Banks; Credit Unions; etc., Financial Regulation, Division of, Fines -see also- Penalties and Sentences, Goods and Services -see also- Retail Sales; TermnSvc; TrfGds, Interest, Investigations and Inquiries -see also- Crim Bckgrnd Invest, Loans -see also- Credit; Mortgages; Scholarships&SFA, Penalties and Sentences -see also- Death Penalty, Prices -see also- Consumer Price Index, Records -see also- Land Records; Vital Records, Reports, Restitution, Rules and Regulations, Security Interests -see also- Liens, Securities, Signatures, Small Business, Standards and Best Practices, Time
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: David Fraser-Hidalgo (Democratic), House

## Actions (5)

- 2025-03-17: Motion Special Order until 04/07 (Delegate Crosby) Adopted (House)
- 2025-03-17: Favorable Adopted (House)
- 2025-03-17: Favorable Report by Economic Matters (House)
- 2025-01-29: Hearing 2/11 at 1:00 p.m. (House)
- 2025-01-24: First Reading Economic Matters (House)

## Bill text

- First Reading, 2025-01-24: [PDF](https://mgaleg.maryland.gov/2025RS/bills/hb/hb0693f.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
- [First Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/hb/hb0693f.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)
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Source: PRIA, https://policyrisk.com/state-bill/MD-HB0693-2025RS (as of 2026-10-17).