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Delegate seeks to lower Maryland securities Form D filing fee to align with neighboring states
Summary
Delegate Marla Ampre presented HB917 to adjust the fee for certain Form D securities filings from $100 to $2.50 to bring Maryland in line with nearby states. The Maryland State Bar Association supported the change as a small administrative alignment.
Delegate Marla Ampre asked the committee to approve HB917, a narrow statutory change to lower the fee for Form D exemption filings from $100 to $2.50, aligning Maryland with nearby states and national practice.
The sponsor said discussions with the Maryland State Bar Association and business stakeholders indicated the change would not affect business location decisions and that the fiscal note shows a modest revenue impact.
The committee recorded no opposition testimony and the proposal concluded as a technical, administrative adjustment.
