BUSINESS
05/08/2010 05:12 am ET | Updated May 25, 2011

Maryland Legislature Considers 'Move Your Money' Approach To State Business

The Maryland General Assembly is considering legislation that would essentially give state-chartered banks an edge when bidding to serve state agencies or local governments.

Del. Bill Frick, a Montgomery County Democrat who sponsored the legislation, says he's been frustrated watching giant out-of-state banks gouge Marylanders with high fees and rate increases.

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