---
type: "Bill"
title: "Limited Line Credit Insurance - Qualification of Applicants"
description: "Limited Line Credit Insurance - Qualification of Applicants"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2025"
identifier: "SB 228"
citation: "Maryland SB 228 (2025)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 13
vote_count: 2
first_action: "2024-10-06"
last_action: "2025-05-06"
source: "openstates"
source_identifier: "ocd-bill/f4b1ecaf-57be-40d3-81e0-65d6a9208939"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0228?ys=2025RS&search=True"
source_hash: "bf9d4253a02603a1548eea7ab3a634cf1d072ef3f10f788a1c0299621486b5aa"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-md"]
---

# Maryland SB 228 (2025) — Limited Line Credit Insurance - Qualification of Applicants

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Chapter - Limited Line Credit Insurance - Qualification of Applicants** (committee substitute) — [source](http://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_415_sb0228t.pdf)
2. **First - Limited Line Credit Insurance - Qualification of Applicants** (committee substitute) — [source](http://mgaleg.maryland.gov/2025RS/bills/sb/sb0228f.pdf)
3. **Third - Limited Line Credit Insurance - Qualification of Applicants** (committee substitute) — [source](http://mgaleg.maryland.gov/2025RS/bills/sb/sb0228t.pdf)

## Votes

- On Third Reading — **136–0** (pass) · lower
- On Third Reading — **45–0** (pass) · upper

## Sponsors

- Chair, Finance Committee — primary (organization)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-10-06** Pre-filed `introduction`
- **2025-01-08** First Reading Finance `referral-committee`
- **2025-01-14** Hearing 1/23 at 3:45 p.m.
- **2025-02-03** Favorable Report by Finance `committee-passage-favorable`
- **2025-02-04** Favorable Adopted `committee-passage-favorable`
- **2025-02-04** Second Reading Passed
- **2025-02-06** Third Reading Passed `passage`
- **2025-02-07** Referred Economic Matters `referral-committee`
- **2025-03-31** Favorable Report by Economic Matters `committee-passage-favorable`
- **2025-03-31** Favorable Adopted Second Reading Passed `committee-passage-favorable`
- **2025-04-01** Third Reading Passed `passage`
- **2025-04-02** Returned Passed
- **2025-05-06** Approved by the Governor - Chapter 415 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f4b1ecaf-57be-40d3-81e0-65d6a9208939`. Confidence: reported (aggregated from official Maryland legislature records).