MARYLAND SENATE

FINANCE COMMITTEE

The Finance Committee started in December 1831. Originally, it bore responsibility for reviewing all bills concerned with fiscal matters. In 1975, the review of budgetary and tax matters was assigned to a separate committee - the Budget and Taxation Committee.

The Finance Committee considers legislation relating to banking and financial institutions; credit regulation and consumer financing; economic and community development; health and welfare matters; insurance; labor and employment; State personnel issues; racing and lotteries; social programs; transportation; unemployment insurance; utility regulation; and worker's compensation. The Committee has eleven members.

Under the Finance Committee are two subcommittees: Health, and Welfare Reform.

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