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<section article="gsg" article_name="State Government" number="9-803" title_number="9" title_name="Miscellaneous Executive Agencies" subtitle_number="8" subtitle_name="Financial Education and Capability Commission">
  <level label="a">
    <text>The Commission consists of the following members:</text>
    <level label="1">
      <text>two members of the Senate of Maryland, appointed by the President of the Senate;</text>
    </level>
    <level label="2">
      <text>two members of the House of Delegates, appointed by the Speaker of the House;</text>
    </level>
    <level label="3">
      <text>the State Superintendent of Schools, or the Superintendent’s designee;</text>
    </level>
    <level label="4">
      <text>the Secretary of Housing and Community Development, or the Secretary’s designee;</text>
    </level>
    <level label="5">
      <text>the Commissioner of Financial Regulation in the Maryland Department of Labor, or the Commissioner’s designee;</text>
    </level>
    <level label="6">
      <text>the Executive Director of the Family Investment Administration in the Department of Human Services, or the Executive Director’s designee;</text>
    </level>
    <level label="7">
      <text>the Chief of the Consumer Protection Division of the Office of the Attorney General, or the Chief’s designee;</text>
    </level>
    <level label="8">
      <text>the State Treasurer, or the State Treasurer’s designee;</text>
    </level>
    <level label="9">
      <text>the Comptroller, or the Comptroller’s designee;</text>
    </level>
    <level label="10">
      <text>the Secretary of Higher Education, or the Secretary’s designee;</text>
    </level>
    <level label="11">
      <text>the Secretary of Disabilities, or the Secretary’s designee; and</text>
    </level>
    <level label="12">
      <text>the following members, appointed by the Governor:</text>
      <level label="i">
        <text>one member of the Board of Trustees of the Maryland State Employees Supplemental Retirement Plans;</text>
      </level>
      <level label="ii">
        <text>one member of the Maryland State Education Association who teaches a course involving principles of financial education;</text>
      </level>
      <level label="iii">
        <text>one representative of the Maryland CASH Campaign;</text>
      </level>
      <level label="iv">
        <text>one representative of a community–focused nonprofit organization that provides free financial education in the State;</text>
      </level>
      <level label="v">
        <text>one representative of a philanthropic organization that provides funding for financial education in the State;</text>
      </level>
      <level label="vi">
        <text>one representative of the Maryland Council on Economic Education or the Maryland Coalition for Financial Literacy;</text>
      </level>
      <level label="vii">
        <text>one representative of a bank, whether or not State–chartered, that has a branch in the State;</text>
      </level>
      <level label="viii">
        <text>one representative of a credit union, whether or not State–chartered, that has a branch in the State;</text>
      </level>
      <level label="ix">
        <text>one licensed mortgage broker holding the Maryland Association of Mortgage Brokers’ “Lending Seal of Integrity”;</text>
      </level>
      <level label="x">
        <text>one member of the Maryland Association of CPAs; and</text>
      </level>
      <level label="xi">
        <text>one representative of a nonprofit organization in the State that provides financial assistance and free financial education to State residents for postsecondary education.</text>
      </level>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>The term of an appointed member of the Commission is 4 years.</text>
    </level>
    <level label="2">
      <text>The terms of the appointed members are staggered as required by the terms provided for appointed members of the Commission on October 1, 2012.</text>
    </level>
    <level label="3">
      <text>At the end of a term, an appointed member continues to serve until a successor is appointed and qualifies.</text>
    </level>
    <level label="4">
      <text>A member who is appointed after a term has begun serves only for the remainder of the term and until a successor is appointed and qualifies.</text>
    </level>
  </level>
  <level label="c">
    <level label="1">
      <text>The President of the Senate shall designate one of the members appointed from the Senate as co–chair of the Commission.</text>
    </level>
    <level label="2">
      <text>The Speaker of the House of Delegates shall designate one of the members appointed from the House as co–chair of the Commission.</text>
    </level>
  </level>
  <level label="d">
    <text>The  Maryland CASH Campaign shall provide staff for the Commission.</text>
  </level>
  <level label="e">
    <text>A member of the Commission:</text>
    <level label="1">
      <text>may not receive compensation as a member of the Commission; but</text>
    </level>
    <level label="2">
      <text>is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.</text>
    </level>
  </level>
  <level label="f">
    <text>The Commission shall meet at least two times each year at the times and places determined by the Commission.</text>
  </level>
</section>
