SB 261 — Maryland
Maryland Money Transmission Act - Definition of Money Transmitter - Alteration
Altering, for a certain licensing requirement, the definition of "money transmitter" under the Maryland Money Transmission Act to exclude a certain person designated as an agent of a payor for the purpose of the agent's provision of payroll processing services under certain circumstances.
Latest action: Approved by the Governor - Chapter 21 · Apr 14, 2026
Synopsis written by the legislature's own staff, as published on the official bill page. Status label is derived from the recorded actions. The full text below is the record.
Committees: Finance (Senate); Economic Matters (House of Delegates)
Updated Apr 22, 2026
Timeline
First Reading Finance
Jan 19, 2026 · Senate
Hearing 2/05 at 1:00 p.m.
Jan 21, 2026 · Senate
Favorable Report by Finance
Feb 16, 2026 · Senate
Favorable Adopted
Feb 17, 2026 · Senate
Second Reading Passed
Feb 17, 2026 · Senate
Third Reading Passed
Feb 19, 2026 · Senate
Referred Economic Matters
Feb 20, 2026 · House of Delegates
Hearing 3/24 at 1:00 p.m.
Mar 19, 2026 · House of Delegates
Favorable Report by Economic Matters
Apr 8, 2026 · House of Delegates
Favorable Adopted
Apr 8, 2026 · House of Delegates
Motion Special Order until Next Session (Delegate Hornberger) Adopted
Apr 8, 2026 · House of Delegates
Second Reading Passed
Apr 8, 2026 · House of Delegates
Third Reading Passed
Apr 10, 2026 · House of Delegates
Returned Passed
Apr 10, 2026 · Senate
Approved by the Governor - Chapter 21
Apr 14, 2026 · executive
Sponsored by Pam Beidle
Senate vote — 41–0
On Third Reading · Feb 14, 2026 · result: pass
41 yea · 0 nay · 6 absent, excused, abstain or not voting
House of Delegates vote — 129–1
On Third Reading · Mar 26, 2026 · result: pass
129 yea · 1 nay · 11 absent, excused, abstain or not voting
Official records. Maryland legislators, bills and roll-call votes from the Maryland General Assembly, imported through Open States on Oct 27, 2026 (partial import — not yet the full session). Accuracy review against the official site is still under way. Campaign-finance records for Maryland are not imported yet.