SB 783 — Maryland
Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement
Authorizing a majority of the board of a surviving credit union to approve a proposed merger without the affirmative vote of a majority of the members of the surviving credit union, subject to certain requirements.
Latest action: Approved by the Governor - Chapter 507 · May 12, 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 May 20, 2026
Timeline
First Reading Finance
Feb 6, 2026 · Senate
Hearing 2/27 at 1:00 p.m.
Feb 12, 2026 · Senate
Favorable Report by Finance
Mar 9, 2026 · Senate
Favorable Adopted
Mar 10, 2026 · Senate
Second Reading Passed
Mar 10, 2026 · Senate
Third Reading Passed
Mar 12, 2026 · Senate
Referred Economic Matters
Mar 13, 2026 · House of Delegates
Favorable with Amendments Report by Economic Matters
Apr 8, 2026 · House of Delegates
Favorable with Amendments {
Apr 8, 2026 · House of Delegates
Second Reading Passed with Amendments
Apr 8, 2026 · House of Delegates
Third Reading Passed
Apr 10, 2026 · House of Delegates
Senate Concurs House Amendments
Apr 10, 2026 · Senate
Third Reading Passed
Apr 10, 2026 · Senate
Passed Enrolled
Apr 10, 2026 · Senate
Approved by the Governor - Chapter 507
May 12, 2026 · executive
Sponsored by Carl Jackson
Senate vote — 45–0
On Third Reading · Feb 27, 2026 · result: pass
45 yea · 0 nay · 2 absent, excused, abstain or not voting
Senate vote — 42–0
Bill is on Third Reading for Final Passage. · Mar 24, 2026 · result: pass
42 yea · 0 nay · 5 absent, excused, abstain or not voting
House of Delegates vote — 136–0
On Third Reading (Amend) · Mar 25, 2026 · result: pass
136 yea · 0 nay · 5 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.