# Maryland HB 0798: Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)

Maryland HB 0798, Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act), is a 2026 Regular Session House bill sponsored by Sarah Wolek (Democratic); status signed, last action 2026-05-12 (Approved by the Governor - Chapter 391) (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/MD-HB0798-2026RS
- As of: 2026-10-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland HB 0798
- State: Maryland
- Session: 2026 Regular Session
- Title: Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)
- Status: signed
- Chamber: House
- Introduced: 2026-02-04
- Last action: 2026-05-12, Approved by the Governor - Chapter 391
- Sponsor: Sarah Wolek (Democratic)
- Cosponsors: 0
- Subjects: Economic Development, Commerce and Business -see also- ElectrComm; ForeignTr; etc., Commerce, Department of, Fees -see also- Attys' Fees; Devt Fees & Taxes, Minorities, Small Business, Standards and Best Practices, Women -see also- Gender
- Touches household money: no
- Roll calls: 3 (292 yes, 15 no in all)
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- New manager fees for small-business loans: mixed, medium. Beginning July 1, 2026, the state lets eligible fund managers take a fee on each loan in this program. The fee is 1.5% to 3% of the loan principal. The fee is paid from the program account and kept by the manager for lending-related admin work. This fee is on top of any grant money the manager rece…

## Sponsors and cosponsors

- Sponsor: Sarah Wolek (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-10 | House | Third Reading Passed | pass | 126 | 6 | 4 |
| 2026-04-09 | Senate | Third Reading Passed | pass | 42 | 0 | 1 |
| 2026-03-12 | House | Third Reading Passed | pass | 124 | 9 | 3 |

## Actions (14)

- 2026-05-12: Approved by the Governor - Chapter 391
- 2026-04-10: Passed Enrolled (House)
- 2026-04-10: Third Reading Passed (126-6) (House)
- 2026-04-10: House Concurs Senate Amendments (House)
- 2026-04-09: Third Reading Passed (42-0) (Senate)
- 2026-04-09: Second Reading Passed with Amendments (Senate)
- 2026-04-09: Favorable with Amendments {173727/1 Adopted (Senate)
- 2026-04-09: Favorable with Amendments Report by Finance (Senate)
- 2026-03-13: Referred Finance (Senate)
- 2026-03-12: Third Reading Passed (124-9) (House)
- 2026-03-11: Favorable Adopted Second Reading Passed (House)
- 2026-03-10: Favorable Report by Economic Matters (House)
- 2026-02-09: Hearing 2/24 at 1:00 p.m. (House)
- 2026-02-04: First Reading Economic Matters (House)

## Bill text

- Enacted, 2026-05-12: [PDF](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_391_hb0798e.pdf)
- Enrolled, 2026-04-10: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0798e.pdf)
- Third Reading, 2026-03-11: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0798t.pdf)
- First Reading, 2026-02-04: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0798f.pdf)

## Related bills

- SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - Authorization (became law)
- SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishment (became law)
- SB 0244: Code Revision - Health - Maryland Medical Assistance Program (became law)
- SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-1 Specialists Act) (became law)
- SB 0016: Child Support - Earnings Withholdings Limits (became law)
- HB 0529: Code Revision - Health - Maryland Medical Assistance Program (became law)

## Sources
- [Enacted (PDF)](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_391_hb0798e.pdf)
- [Enrolled (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0798e.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0798t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0798f.pdf)

## Related
- [SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - A…](https://policyrisk.com/state-bill/MD-SB0496-2026RS)
- [SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishm…](https://policyrisk.com/state-bill/MD-SB0366-2026RS)
- [SB 0244: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-SB0244-2026RS)
- [SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-…](https://policyrisk.com/state-bill/MD-SB0148-2026RS)
- [SB 0016: Child Support - Earnings Withholdings Limits](https://policyrisk.com/state-bill/MD-SB0016-2026RS)
- [HB 0529: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-HB0529-2026RS)
- [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-HB0798-2026RS (as of 2026-10-19).