2026 Regular Session
SB662
Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act)
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.
Legislative progress
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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.
Recorded floor votes
2 roll calls are available for this bill. This record includes procedural and intermediate action as well as substantive final votes.
March 12, 2026 · Senate
Third Reading Passed
Passed ⭐ Substantive final action
45 yea–0 nay · 2 absent
April 8, 2026 · House
Third Reading Passed
Passed ⭐ Substantive final action
128 yea–0 nay · 7 not voting · 6 absent
Committee referrals
March 13, 2026 · House
Economic Matters
February 6, 2026 · Senate
Finance
Instrument history
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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.
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Senate Approved by the Governor - Chapter 513
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Senate Returned Passed
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House Third Reading Passed (128-0) View roll call
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House Favorable Adopted Second Reading Passed View roll call
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House Favorable Report by Economic Matters
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House Referred Economic Matters
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Senate Third Reading Passed (45-0) View roll call
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Senate Second Reading Passed
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Senate Favorable Adopted
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Senate Favorable Report by Finance
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Senate Hearing 2/26 at 1:00 p.m.
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Senate First Reading Finance