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IntroducedFeb 17, 2025
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Passed HouseMar 17, 2025
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Passed SenateApr 03, 2025
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Signed into LawApr 22, 2025
Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)
Last Action See all actions
executive • Apr 22, 2025: Approved by the Governor - Chapter 119
Latest Bill Text See all bill texts
Summary/Bill Text
Comments on HB 1516
Tweets
Whip Lists
Sponsors
Votes
YES: 99
- Speaker
- Davis
- Kaiser
- Roberson
- Taylor
- Acevero
- Ebersole
- Kaufman
- Roberts
- Terrasa
- Addison
- Edelson
- Kerr
- Rogers
- Toles
- Allen
- Embry
- Korman
- Rosenberg
- Turner
- Alston
- Fair
- Lehman
- Ross
- Valderrama
- Amprey
- Feldmark
- Lewis, J.
- Ruff
- Vogel
- Atterbeary
- Fennell
- Lewis, R.
- Ruth
- Watson
- Bagnall
- Foley
- Lopez
- Sample-Hughes
- Wells
- Barnes
- Forbes
- Martinez
- Schindler
- White Holland
- Bartlett
- Fraser-Hidalgo
- McCaskill
- Schmidt
- Wilkins
- Behler
- Guyton
- Mireku-North
- Shetty
- Williams
- Bhandari
- Guzzone
- Moon
- Simmons
- Wilson
- Boafo
- Harris
- Palakovich Carr
- Simpson
- Wims
- Boyce
- Healey
- Pasteur
- Smith
- Wolek
- Cardin
- Hill
- Patterson
- Solomon
- Woods
- Chang
- Holmes
- Pena-Melnyk
- Spiegel
- Woorman
- Clippinger
- Ivey
- Phillips
- Stein
- Wu
- Crosby
- Johnson, A.
- Pruski
- Stewart
- Young
- Crutchfield
- Johnson, S.
- Qi
- Stinnett
- Ziegler
- Cullison
- Jones, D.
- Queen
- Taveras
NO: 37
NOT VOTING: 2
YES: 42
- Mr. President
- Ellis
- Hester
- Kramer
- Rosapepe
- Attar
- Feldman
- Hettleman
- Lam
- Simonaire
- Augustine
- Folden
- Jackson, C.
- Lewis Young
- Smith
- Bailey
- Gallion
- Jackson, M.
- Love
- Waldstreicher
- Beidle
- Gile
- James
- Mautz
- Washington, A.
- Benson
- Guzzone
- Jennings
- McKay
- Watson
- Brooks
- Hayes
- Kagan
- Muse
- West
- Charles
- Henson
- King
- Ready
- Zucker
- Corderman
- Hershey
OTHER: 0
YES: 118
- Speaker
- Cullison
- Jones, D.
- Pruski
- Taveras
- Acevero
- Ebersole
- Kaiser
- Qi
- Taylor
- Adams
- Edelson
- Kaufman
- Queen
- Terrasa
- Addison
- Embry
- Kerr
- Roberson
- Toles
- Allen
- Fair
- Kipke
- Roberts
- Tomlinson
- Alston
- Feldmark
- Korman
- Rogers
- Turner
- Amprey
- Fennell
- Lehman
- Rose
- Valderrama
- Atterbeary
- Foley
- Lewis, J.
- Rosenberg
- Valentine
- Baker
- Forbes
- Lewis, R.
- Ross
- Vogel
- Barnes
- Fraser-Hidalgo
- Long, J.
- Ruff
- Watson
- Bartlett
- Griffith
- Long, R.
- Ruth
- Wells
- Behler
- Guyton
- Lopez
- Sample-Hughes
- White Holland
- Bhandari
- Guzzone
- Martinez
- Schindler
- Wilkins
- Boafo
- Harris
- McCaskill
- Schmidt
- Williams
- Bouchat
- Harrison
- McComas
- Shetty
- Wilson
- Boyce
- Healey
- Metzgar
- Simmons
- Wims
- Buckel
- Hill
- Miller
- Simpson
- Wivell
- Cardin
- Hinebaugh
- Mireku-North
- Smith
- Wolek
- Chang
- Holmes
- Moon
- Solomon
- Woods
- Ciliberti
- Hornberger
- Morgan, T.
- Spiegel
- Woorman
- Clippinger
- Hutchinson
- Pasteur
- Stein
- Wu
- Conaway
- Ivey
- Patterson
- Stinnett
- Young
- Crosby
- Johnson, A.
- Pena-Melnyk
- Stonko
- Ziegler
- Crutchfield
- Johnson, S.
- Phillips
NO: 17
ABSENT: 1
NOT VOTING: 5
Actions
- Apr 22, 2025 | executive
- Approved by the Governor - Chapter 119
- Apr 07, 2025 | House
- House Concurs Senate Amendments
- Third Reading Passed (118-17)
- Passed Enrolled
- Apr 03, 2025 | Senate
- Favorable with Amendments Report by Finance
- Favorable with Amendments {793322/1 Adopted
- Second Reading Passed with Amendments
- Third Reading Passed (42-5)
- Mar 17, 2025 | Senate
- Referred Finance
- Mar 17, 2025 | House
- Third Reading Passed (99-37)
- Mar 15, 2025 | House
- Favorable Report by Economic Matters
- Favorable Adopted Second Reading Passed
- Mar 06, 2025 | House
- Rereferred to Economic Matters
- Hearing 3/11 at 1:00 p.m.
- Feb 17, 2025 | House
- First Reading House Rules and Executive Nominations
Bill Texts
- Text - First - Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)PDF
- Text - Third - Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)PDF
- Amendments {793322/1 Adopted (Senate)PDF
- Text - Enrolled - Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)PDF
- Text - Chapter - Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)PDF
Documents
- Fiscal and Policy Note (Revised)PDF
- Vote - House - Committee - Economic MattersPDF
- Vote - Senate - Committee - FinancePDF
- Video: Economic MattersHTML
- Witness ListHTML
- ECM Testimony, FAV -- Walmsley, Keith (Walmsley Strategies)
- ECM Testimony, FAV -- May, Lisa (Maryland REALTORS)
- ECM Testimony, FAV -- RASMUSSEN, DENNIS (The Rasmussen Group LLC)
- ECM Testimony, FAV -- Richards, Evan (Maryland Bankers Association)
- ECM Testimony, INFO -- Sakamoto-Wengel, Steven M. (Consumer Protection Division)
- ECM Testimony, FAV -- Hennen, Amy (Office of Financial Regulation, Maryland Department of Labor)
- ECM Testimony, UNF -- Robinson, Phillip (Consumer Law Center LLC)
- ECM Testimony, UNF -- White, Marceline (Economic Action Maryland)
- ECM Testimony, UNF -- Carney, Benjamin
- ECM Testimony, UNF -- Webber, Scott (Vaping Awareness Public Education Society)