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Maryland General Assembly · SB0783 · Approved by the Governor - Chapter 507 (Chapter 507)

Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement

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

Officially: “Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement Read the full text

2026 session

What it does

Authorizing a majority of the board of a surviving credit union to approve a proposed merger without the affirmative vote of a majority of the members of the surviving credit union, subject to certain requirements.
From the official legislative record, shown verbatim. Not legal advice.

Where it is

First reading, house of origin · Feb 5, 2026
Hearing · Feb 27, 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 with Amendments · Apr 7, 2026
Second reading, opposite house: Passed with Amendments · Mar 20, 2026
Third reading, opposite house: Passed with Amendments · Mar 24, 2026

The numbers

1
sponsor on the bill

Sponsors

Senator Jackson
Every fact on this page links to its source, starting with the official bill record. Last action: Approved by the Governor - Chapter 507 (as of Aug 30, 2026).