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SB261Introduced in the Senate

Maryland Money Transmission Act - Definition of Money Transmitter - Alteration

Passed

Introduced by Pamela Beidle, District 32

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

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.

Where it stands

Approved by the Governor - Chapter 21

April 14, 2026

How did lawmakers vote?

House of Delegates votes

1 recorded vote · each counted separately

Senate votes

1 recorded vote · each counted separately

House of DelegatesStage: Third Reading Passed · April 10, 2026

129

Yes

1

No

11

Absent or Not Voting

141 delegates recorded in this House of Delegates vote. Colors show vote categories only, not whether a vote was good or bad.

See how each delegate voted

Bill history

  1. First Reading Finance

  2. Hearing 2/05 at 1:00 p.m.

  3. Favorable Report by Finance

  4. Favorable Adopted

  5. Second Reading Passed

  6. Third Reading Passed (41-0)

  7. Referred Economic Matters

  8. Hearing 3/24 at 1:00 p.m.

  9. Favorable Report by Economic Matters

  10. Favorable Adopted

  11. Motion Special Order until Next Session (Delegate Hornberger) Adopted

  12. Second Reading Passed

  13. Third Reading Passed (129-1)

  14. Returned Passed

  15. Approved by the Governor - Chapter 21

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