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Maryland General Assembly · SB0784 · Approved by the Governor - Chapter 40 (Chapter 40)

Financial Institutions - Consumer Credit - Application of Licensing Requirements

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

Officially: “Financial Institutions - Consumer Credit - Application of Licensing Requirements Read the full text

2026 session

What it does

Repealing a certain provision of law exempting all persons that acquire or are assigned certain mortgages, mortgage loans, or installment loans under certain circumstances from certain provisions of law governing the licensing of providers of certain financial services in the State.
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 · Mar 31, 2026
Second reading, opposite house: Passed · Mar 15, 2026
Third reading, opposite house: Passed · Mar 16, 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 40 (as of Aug 30, 2026).