SB662Introduced in the Senate
Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act)
Introduced by Benjamin Kramer, District 19
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 the examination fee for a new commercial bank charter; requiring a certain nondepository trust company to include certain disclosures in its articles of incorporation; exempting from certain provisions of law a certain nondepository trust company authorized to provide certain services by the Commissioner of Financial Regulation; authorizing a certain nondepository trust company to request that the Commissioner reduce the capital stock requirements under certain circumstances; etc.
Where it stands
Approved by the Governor - Chapter 513
May 12, 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 8, 2026
128
Yes
0
No
13
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
| Delegate | District | Vote |
|---|---|---|
| Jason Buckel | 1 | Yes |
| Terry Baker | 1 | Yes |
| Jim Hinebaugh | 1 | Yes |
| William Wivell | 2 | Yes |
| William Valentine | 2 | Yes |
| Matthew Schindler | 2 | Yes |
| Ken Kerr | 3 | Yes |
| Kris Fair | 3 | Yes |
| Karen Simpson | 3 | Yes |
| Barrie Ciliberti | 4 | Yes |
Bill history
First Reading Finance
Hearing 2/26 at 1:00 p.m.
Favorable Report by Finance
Favorable Adopted
Second Reading Passed
Third Reading Passed (45-0)
Referred Economic Matters
Favorable Report by Economic Matters
Favorable Adopted Second Reading Passed
Third Reading Passed (128-0)
Returned Passed
Approved by the Governor - Chapter 513
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