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Maryland General Assembly · SB0261 · Approved by the Governor - Chapter 21 (Chapter 21)

Maryland Money Transmission Act - Definition of Money Transmitter - Alteration

Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.

Officially: “Maryland Money Transmission Act - Definition of Money Transmitter - Alteration Read the full text

2026 session

What it does

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.
From the official legislative record, shown verbatim. Not legal advice.

Where it is

First reading, house of origin · Jan 18, 2026
Hearing · Feb 5, 2026
Committee report, house of origin: Favorable · Feb 15, 2026
Second reading, house of origin: Passed · Feb 11, 2026
Third reading, house of origin: Passed · Feb 13, 2026
First reading, opposite house · Feb 16, 2026
Committee report, opposite house: Favorable · Apr 7, 2026
Second reading, opposite house: Passed · Mar 21, 2026
Third reading, opposite house: Passed · Mar 25, 2026

The numbers

1
sponsor on the bill

Sponsors

Senator Beidle
Every fact on this page links to its source, starting with the official bill record. Last action: Approved by the Governor - Chapter 21 (as of Aug 30, 2026).