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Maryland General Assembly · SB0753 · Approved by the Governor - Chapter 511 (Chapter 511)

Fiduciary Institutions - Exploitation of Seniors and Vulnerable Adults - Protections and Required Referral (Vulnerable Adult Banking Protection Act)

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

Officially: “Fiduciary Institutions - Exploitation of Seniors and Vulnerable Adults - Protections and Required Referral (Vulnerable Adult Banking Protection Act) Read the full text

2026 session

What it does

Authorizing a fiduciary institution, under certain circumstances, to delay or deny a disbursement from the account of a certain individual or the account on which a certain individual is a beneficiary; requiring a fiduciary institution, under certain circumstances, to provide certain financial records to certain entities; authorizing a fiduciary institution, under certain circumstances, to contact certain individuals; and providing certain fiduciary institutions immunity from certain liability.
From the official legislative record, shown verbatim. Not legal advice.

Where it is

First reading, house of origin · Feb 5, 2026
Hearing · Mar 12, 2026
Committee report, house of origin: Favorable · Mar 19, 2026
Second reading, house of origin: Passed · Mar 3, 2026
Third reading, house of origin: Passed · Mar 4, 2026
First reading, opposite house · Mar 9, 2026
Committee report, opposite house: Favorable · Apr 7, 2026
Second reading, opposite house: Passed · Mar 20, 2026
Third reading, opposite house: Passed · Mar 30, 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 511 (as of Aug 30, 2026).