- 
                        IntroducedFeb 17, 2025
 - 
                        Passed SenateMar 17, 2025
 - 
                        Passed HouseApr 07, 2025
 - 
                        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 118
Latest Bill Text See all bill texts
                        
                        
                        
            Summary/Bill Text
Comments on SB 1026
Tweets
Whip Lists
Sponsors
                Votes
                        YES: 44
                                                
                                        - Mr. President
 - Ellis
 - Hester
 - Lewis Young
 - Smith
 - Attar
 - Feldman
 - Hettleman
 - Love
 - Sydnor
 - Augustine
 - Folden
 - Jackson, C.
 - Mautz
 - Waldstreicher
 - Bailey
 - Gallion
 - Jackson, M.
 - McCray
 - Washington, A.
 - Beidle
 - Gile
 - Jennings
 - McKay
 - Washington, M.
 - Brooks
 - Guzzone
 - Kagan
 - Ready
 - Watson
 - Carozza
 - Hayes
 - King
 - Rosapepe
 - West
 - Charles
 - Henson
 - Kramer
 - Salling
 - Zucker
 - Corderman
 - Hershey
 - Lam
 - Simonaire
 
NO: 0
                                            YES: 129
                                                
                                        - Speaker
 - Davis
 - Johnson, S.
 - Patterson
 - Stonko
 - Adams
 - Ebersole
 - Jones, D.
 - Pena-Melnyk
 - Szeliga
 - Addison
 - Edelson
 - Kaiser
 - Phillips
 - Taveras
 - Allen
 - Embry
 - Kaufman
 - Pruski
 - Taylor
 - Alston
 - Fair
 - Kerr
 - Qi
 - Terrasa
 - Amprey
 - Feldmark
 - Kipke
 - Queen
 - Toles
 - Arentz
 - Fennell
 - Korman
 - Reilly
 - Tomlinson
 - Atterbeary
 - Fisher
 - Lehman
 - Roberson
 - Turner
 - Bagnall
 - Foley
 - Lewis, J.
 - Roberts
 - Valderrama
 - Baker
 - Forbes
 - Lewis, R.
 - Rogers
 - Valentine
 - Barnes
 - Fraser-Hidalgo
 - Long, J.
 - Rose
 - Vogel
 - Bartlett
 - Ghrist
 - Long, R.
 - Rosenberg
 - Watson
 - Beauchamp
 - Griffith
 - Lopez
 - Ross
 - Wells
 - Behler
 - Guyton
 - Mangione
 - Ruff
 - White Holland
 - Bhandari
 - Guzzone
 - Martinez
 - Ruth
 - Wilkins
 - Boafo
 - Harris
 - McCaskill
 - Sample-Hughes
 - Williams
 - Bouchat
 - Harrison
 - Metzgar
 - Schindler
 - Wilson
 - Boyce
 - Hartman
 - Miller
 - Schmidt
 - Wims
 - Buckel
 - Healey
 - Mireku-North
 - Shetty
 - Wivell
 - Cardin
 - Hinebaugh
 - Moon
 - Simmons
 - Wolek
 - Chang
 - Holmes
 - Morgan, M.
 - Simpson
 - Woods
 - Chisholm
 - Hornberger
 - Morgan, T.
 - Smith
 - Woorman
 - Clippinger
 - Hutchinson
 - Nawrocki
 - Solomon
 - Wu
 - Conaway
 - Ivey
 - Nkongolo
 - Spiegel
 - Young
 - Crutchfield
 - Jacobs
 - Otto
 - Stein
 - Ziegler
 - Cullison
 - Johnson, A.
 - Pasteur
 - Stinnett
 
NOT VOTING: 6
                                                        YES: 42
                                                
                                        - Mr. President
 - Ellis
 - Jackson, M.
 - Love
 - Simonaire
 - Attar
 - Feldman
 - James
 - Mautz
 - Smith
 - Augustine
 - Folden
 - Jennings
 - McCray
 - Waldstreicher
 - Bailey
 - Gallion
 - Kagan
 - McKay
 - Washington, A.
 - Beidle
 - Gile
 - King
 - Muse
 - Washington, M.
 - Brooks
 - Hayes
 - Kramer
 - Ready
 - Watson
 - Carozza
 - Henson
 - Lam
 - Rosapepe
 - West
 - Charles
 - Hettleman
 - Lewis Young
 - Salling
 - Zucker
 - Corderman
 - Jackson, C.
 
NO: 1
                                            Actions
            - Apr 22, 2025 | executive
- Approved by the Governor - Chapter 118
 
 - Apr 07, 2025 | Senate
- Senate Concurs House Amendments
 - Third Reading Passed (42-1)
 - Passed Enrolled
 
 - Apr 07, 2025 | House
- Third Reading Passed (129-3)
 
 - Apr 02, 2025 | House
- Favorable with Amendments {303527/1 Adopted
 - Second Reading Passed with Amendments
 
 - Apr 01, 2025 | House
- Favorable with Amendments Report by Economic Matters
 
 - Mar 17, 2025 | House
- Referred Economic Matters
 
 - Mar 17, 2025 | Senate
- Third Reading Passed (44-0)
 
 - Mar 14, 2025 | Senate
- Favorable with Amendments Report by Finance
 - Favorable with Amendments {133727/1
 - Motion Laid Over (Senator Sydnor) Adopted
 - Favorable with Amendments {133727/1 Adopted
 - Second Reading Passed with Amendments
 
 - Mar 06, 2025 | Senate
- Rereferred to Finance
 - Hearing 3/11 at 1:00 p.m.
 
 - Feb 17, 2025 | Senate
- First Reading Senate Rules
 
 
Bill Texts 
        
            - Text - First - Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)PDF
 - Amendments {133727/1 (Senate)PDF
 - Text - Third - Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)PDF
 - Amendments {303527/1 Adopted (House)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 - Senate - Committee - FinancePDF
 - Vote - House - Committee - Economic MattersPDF
 - Video: FinanceHTML
 - Witness ListHTML
 - FIN Testimony, FAV -- Walmsley, Keith (Walmsley Strategies)
 - FIN Testimony, FAV -- May, Lisa (Maryland REALTORS)
 - FIN Testimony, FAV -- RASMUSSEN, DENNIS (The Rasmussen Group LLC)
 - FIN Testimony, FAV -- Murray, Rory
 - FIN Testimony, FAV -- Beidle, Pamela
 - FIN Testimony, FAV -- Richards, Evan (Maryland Bankers Association)
 - FIN Testimony, INFO -- Sakamoto-Wengel, Steven M. (Consumer Protection Division)
 - FIN Testimony, FAV -- Hennen, Amy (Office of Financial Regulation, Maryland Department of Labor)
 - FIN Testimony, UNF -- Robinson, Phillip (Consumer Law Center LLC)
 - FIN Testimony, UNF -- White, Marceline (Economic Action Maryland)
 - FIN Testimony, UNF -- Carney, Benjamin
 - FIN Testimony, UNF -- Webber, Scott (Vaping Awareness Public Education Society)
 - FIN Testimony, UNF -- Bowman, Scarlett
 - FIN Testimony, N/A -- Testimony, All
 

