Legislation - HB1355

Title: Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act)
Sponsored by: Delegate Amprey
Status: In the Senate - Favorable Report by Finance
Analysis: Fiscal and Policy Note

Synopsis

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.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance

Committee Testimony

Witness List

Details

Cross-filed with: SB0662

Bill File Type: Regular

Effective Date(s): January 1, 2027

History

Legislation History
Chamber House Calendar Date 2/12/2026 Legislative Date 2/12/2026 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act) Proceedings
Chamber House Calendar Date 2/17/2026 Legislative Date 2/17/2026 Action Hearing 3/10 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/16/2026 Legislative Date 3/16/2026 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/17/2026 Legislative Date 3/03/2026 Action Favorable Adopted Second Reading Passed Proceedings 40 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act) Proceedings
Chamber House Calendar Date 3/18/2026 Legislative Date 3/05/2026 Action Third Reading Passed (130-1) Proceedings 42 Click to view Recorded Media
Chamber Senate Calendar Date 3/19/2026 Legislative Date 3/03/2026 Action Referred Finance Proceedings 42AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/30/2026 Legislative Date 3/30/2026 Action Favorable Report by Finance Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/12/2026	2/12/2026	First Reading Economic Matters
			Text - First - Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act)
House	2/17/2026	2/17/2026	Hearing 3/10 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/16/2026	3/16/2026	Favorable Report by Economic Matters
House	3/17/2026	3/03/2026	Favorable Adopted Second Reading Passed	40 Click to view Recorded Media
			Text - Third - Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act)
House	3/18/2026	3/05/2026	Third Reading Passed (130-1)	42 Click to view Recorded Media
Senate	3/19/2026	3/03/2026	Referred Finance	42AClick to view Recorded Media
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/30/2026	3/30/2026	Favorable Report by Finance

File Code

Subjects

Statutes