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Maryland General Assembly · SB0662 · Approved by the Governor - Chapter 513 (Chapter 513)

Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act)

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

Officially: “Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act) Read the full text

2026 session

What it does

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

Where it is

First reading, house of origin · Feb 5, 2026
Hearing · Feb 26, 2026
Committee report, house of origin: Favorable · Mar 8, 2026
Second reading, house of origin: Passed · Feb 24, 2026
Third reading, house of origin: Passed · Feb 26, 2026
First reading, opposite house · Feb 28, 2026
Committee report, opposite house: Favorable · Apr 7, 2026
Second reading, opposite house: Passed · Mar 20, 2026
Third reading, opposite house: Passed · Mar 21, 2026

The numbers

1
sponsor on the bill

Sponsors

Senator Kramer
Every fact on this page links to its source, starting with the official bill record. Last action: Approved by the Governor - Chapter 513 (as of Aug 30, 2026).