(b) The Task Force shall consist of the following 19 13 15 members:
(1) Three members One member Two members of the Senate Finance
Committee, appointed by the President of the Senate of Maryland;
(2) Three members One member Two members of the House Commerce
and Government Matters Committee, appointed by the Speaker of the House of
Delegates;
(3) The Assistant Secretary for Regulatory Policy and Affairs of the
Department of Labor, Licensing, and Regulation, or the Assistant Secretary's
designee;
(3) A representative of the Department of Labor, Licensing, and
Regulation who has responsibilities involving the regulation of financial institutions
in the State, appointed by the Secretary of the Department;
(4) The Commissioner of Financial Regulation;
(5) Five Three representatives from State-chartered credit unions,
appointed by the Governor;
(6) One representative from a federal credit union, appointed by the
Governor,
(7) One representative from a State-chartered commercial bank,
appointed by the Governor;
(8) One representative Two representatives One representative who is
are is affiliated with recognized consumer groups or agencies in the State, appointed
by the Governor;
(9) One member Two members of the general public, appointed by the
Governor; and
(10) One representative from the Maryland Credit Union League,
Incorporated, appointed by the Governor; and
(11) One representative from the Credit Union Insurance Corporation,
appointed by the Governor.,
(c) (1) The President of the Senate shall designate one of the members
appointed member President of the Senate shall designate one of the members
appointed from the Senate Finance Committee shall serve as co-chairman of the Task
Force.
(2) The Speaker of the House of Delegates shall designate one of the
members appointed member Speaker of the House of Delegates shall designate one of
the members appointed from the House Commerce and Government Matters
Committee shall serve as co-chairman of the Task Force.
(d) The Task Force shall be staffed by personnel from the Office of the
Commissioner of Financial Regulation.
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