SB0261 — Maryland Money Transmission Act - Definition of Money Transmitter - Alteration
Last action — First Reading (Opposite House)
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House of Delegates
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 19, 2026. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 D).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
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.
Bill Text
We don't have the full text on file for this bill yet.
Read SB0261 on the official Maryland source →Action History
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First Reading (Opposite House)
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Committee Report (House of Origin) — Favorable
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Third Reading (House of Origin) — Passed
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Second Reading (House of Origin) — Passed
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Hearing (Primary, House of Origin)
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First Reading (House of Origin)
Sponsors
- Senator Pamela Beidle · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 187 not signed on · 1 voted No
Sponsors (1)
- Senator Pamela Beidle Democrat
Co-sponsors (0)
None.
Not signed on (187)
187 members have not signed on to this bill.
Show all 187 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 12 | 0 | 0 | 2 |
| Democrat | 88 | 0 | 0 | 5 |
| Republican | 29 | 1 | 0 | 4 |
| Total | 129 | 1 | 0 | 11 |
| % of votes cast | 91% | 1% | 0% | 8% |
How each member voted (141)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 25 | 0 | 0 | 4 |
| Unaffiliated | 6 | 0 | 0 | 0 |
| Republican | 10 | 0 | 0 | 2 |
| Total | 41 | 0 | 0 | 6 |
| % of votes cast | 87% | 0% | 0% | 13% |
How each member voted (47)
Subjects
Frequently asked questions
- What does SB0261 do?
- 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.
- Who sponsors SB0261?
- SB0261 is sponsored by Senator Pamela Beidle (Democrat).
- What is the current status of SB0261?
- This bill has been enacted into law. Introduced January 19, 2026. Enacted.
- Where can I track SB0261?
- Track SB0261 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes about 9 hours ago · updated continuously
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