Maryland bill would add comptroller to Small Business Retirement Savings Board

Feb 13, 2025

Supporters told the Economic Matters Committee adding the comptroller or a designee to the Maryland Small Business Retirement Savings Board would strengthen financial oversight and outreach; sponsors said the change has no fiscal impact and the measure already passed the Senate.

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Riley Dove, testifying for the Maryland Small Business Retirement Savings Board, told the House Economic Matters Committee that House Bill 825 would add the comptroller (or the comptroller's designee) as a voting member of the board that oversees the Maryland Small Business Retirement Savings Program and Trust.

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