Legislation - HB0118

Title: Maryland Money Transmission Act - Definition of Money Transmitter - Alteration
Sponsored by: Delegate Queen
Status: In the Senate - First Reading Finance
Analysis: Fiscal and Policy Note

Synopsis

Altering, for a certain licensing requirement, the definition of "money transmitter" under the Maryland Money Transmission Act to exclude a certain person designated as an agent of a payor for the purpose of the agent's provision of payroll processing services under certain circumstances.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance

Committee Testimony

Witness List

Details

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2026

History

Legislation History
Chamber House Calendar Date 10/30/2025 Legislative Date 10/30/2025 Action Pre-filed Proceedings
Chamber House Calendar Date 1/14/2026 Legislative Date 1/14/2026 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Maryland Money Transmission Act - Definition of Money Transmitter - Alteration Proceedings
Chamber House Calendar Date 1/19/2026 Legislative Date 1/19/2026 Action Hearing 2/03 at 1:00 p.m. Proceedings
Chamber House Calendar Date 2/03/2026 Legislative Date 2/03/2026 Action Hearing canceled Proceedings
Chamber House Calendar Date 2/03/2026 Legislative Date 2/03/2026 Action Hearing 2/03 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 2/24/2026 Legislative Date 2/24/2026 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 2/25/2026 Legislative Date 2/19/2026 Action Favorable Adopted Second Reading Passed Proceedings 28 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Maryland Money Transmission Act - Definition of Money Transmitter - Alteration Proceedings
Chamber House Calendar Date 2/26/2026 Legislative Date 2/20/2026 Action Third Reading Passed (136-0) Proceedings 29 Click to view Recorded Media
Chamber Senate Calendar Date 2/27/2026 Legislative Date 2/19/2026 Action Referred Finance Proceedings 30 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	10/30/2025	10/30/2025	Pre-filed
House	1/14/2026	1/14/2026	First Reading Economic Matters
			Text - First - Maryland Money Transmission Act - Definition of Money Transmitter - Alteration
House	1/19/2026	1/19/2026	Hearing 2/03 at 1:00 p.m.
House	2/03/2026	2/03/2026	Hearing canceled
House	2/03/2026	2/03/2026	Hearing 2/03 at 1:30 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	2/24/2026	2/24/2026	Favorable Report by Economic Matters
House	2/25/2026	2/19/2026	Favorable Adopted Second Reading Passed	28 Click to view Recorded Media
			Text - Third - Maryland Money Transmission Act - Definition of Money Transmitter - Alteration
House	2/26/2026	2/20/2026	Third Reading Passed (136-0)	29 Click to view Recorded Media
Senate	2/27/2026	2/19/2026	Referred Finance	30 Click to view Recorded Media

File Code

Subjects

Statutes