HB0968 • 2026

Corporations and Associations - Maryland Securities Act - Filing Fees

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Delegate Amprey
Last action: 2026-03-03
Official status: In the House - Hearing canceled
Effective date: 2026-10-01

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Corporations and Associations - Maryland Securities Act - Filing Fees

Increasing, from $100 to $250, the fee that a person required to submit a filing in accordance with a certain exemption is required to pay; and increasing, from $100 to $250, the fee that a person required to submit a notice of offer or sale of certain federal covered securities is required to pay.

What This Bill Does

Increasing, from $100 to $250, the fee that a person required to submit a filing in accordance with a certain exemption is required to pay; and increasing, from $100 to $250, the fee that a person required to submit a notice of offer or sale of certain federal covered securities is required to pay.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-03-03 House
Hearing canceled
2026-02-09 House
Hearing 3/03 at 1:00 p.m.
2026-02-06 House
First Reading Economic Matters
Maryland General Assembly
Text - First - Corporations and Associations - Maryland Securities Act - Filing Fees

Official Summary Text

Increasing, from $100 to $250, the fee that a person required to submit a filing in accordance with a certain exemption is required to pay; and increasing, from $100 to $250, the fee that a person required to submit a notice of offer or sale of certain federal covered securities is required to pay.

Current Bill Text

Read the full stored bill text

EXPLANATION: CAPITALS INDICATE MATTER ADDED TO EXISTING LAW.
[Brackets] indicate matter deleted from existing law.
*hb0968*

HOUSE BILL 968
C1 6lr1630
HB 917/25 – ECM
By: Delegate Amprey
Introduced and read first time: February 6, 2026
Assigned to: Economic Matters

A BILL ENTITLED

AN ACT concerning 1

Corporations and Associations – Maryland Securities Act – Filing Fees 2

FOR the purpose of increasing the fee that a person required to submit a filing in 3
accordance with a certain exemption is required to pay; increasing the fee that a 4
person required to submit a notice of offer or sale of certain federal covered securities 5
is required to pay; and generally relating to filing fees required under the Maryland 6
Securities Act. 7

BY repealing and reenacting, with amendments, 8
Article – Corporations and Associations 9
Section 11–506 10
Annotated Code of Maryland 11
(2025 Replacement Volume) 12

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 13
That the Laws of Maryland read as follows: 14

Article – Corporations and Associations 15

11–506. 16

(a) Except as provided in § 11–510.1 of this subtitle, a person filing an application 17
to register securities shall pay a fee of 0.1 percent of the maximum aggregate offering price 18
at which the securities are to be offered in this State, but the fee may not be less than $500 19
or more than $1,500. 20

(b) (1) Except as provided in paragraph (2) of this subsection, a person 21
required to submit a filing in accordance with an exemption granted under this title shall 22
pay a fee of $400 for each filing. 23

2 HOUSE BILL 968

(2) A person required to submit a filing in accordance with the exemption 1
granted under § 11–601(16) of this title shall pay a fee of [$100] $250 for each filing. 2

(3) A person required to submit a notice of the offer or sale of federal 3
covered securities under § 11–503.1(c) of this subtitle shall pay: 4

(i) A fee of [$100] $250 for [each] THE INITIAL filing; and 5

(ii) An additional fee of $150 for each filing made after the filing due 6
date. 7

(c) The Commissioner shall retain the fee, if: 8

(1) An application to register securities is withdrawn before the effective 9
date; 10

(2) A notice of the offer or sale of a federal covered security is withdrawn; 11
or 12

(3) A preeffective stop order is entered under §§ 11–511 through 11–513 of 13
this subtitle. 14

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 15
October 1, 2026. 16