---
type: "Bill"
title: "Maryland Money Transmission Act - Definition of Money Transmitter - Alteration"
description: "Maryland Money Transmission Act - Definition of Money Transmitter - Alteration"
jurisdiction: "us/states/md"
legislature: "Maryland General Assembly"
session: "2026"
identifier: "SB 261"
citation: "Maryland SB 261 (2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Beidle"]
version_count: 3
action_count: 15
vote_count: 2
first_action: "2026-01-19"
last_action: "2026-04-14"
source: "openstates"
source_identifier: "ocd-bill/65da4e65-f53e-4ec9-83ab-4d53051f8c12"
source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0261?ys=2026RS"
source_hash: "457fac082a839de5e7e2ec3a73af13b16399a8824b93f7bdf0dd56f834a8e3b6"
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 261 (2026) — Maryland Money Transmission Act - Definition of Money Transmitter - Alteration

## Version chain

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

1. **Chapter - Maryland Money Transmission Act - Definition of Money Transmitter - Alteration** (committee substitute) — [source](http://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_21_sb0261t.pdf)
2. **First - Maryland Money Transmission Act - Definition of Money Transmitter - Alteration** (committee substitute) — [source](http://mgaleg.maryland.gov/2026RS/bills/sb/sb0261f.pdf)
3. **Third - Maryland Money Transmission Act - Definition of Money Transmitter - Alteration** (committee substitute) — [source](http://mgaleg.maryland.gov/2026RS/bills/sb/sb0261t.pdf)

## Votes

- On Third Reading — **41–0** (pass) · upper
- On Third Reading — **129–1** (pass) · lower

## Sponsors

- Beidle — primary (person)

## Timeline

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

- **2026-01-19** First Reading Finance `referral-committee`
- **2026-01-21** Hearing 2/05 at 1:00 p.m.
- **2026-02-16** Favorable Report by Finance `committee-passage-favorable`
- **2026-02-17** Favorable Adopted `committee-passage-favorable`
- **2026-02-17** Second Reading Passed
- **2026-02-19** Third Reading Passed `passage`
- **2026-02-20** Referred Economic Matters `referral-committee`
- **2026-03-19** Hearing 3/24 at 1:00 p.m.
- **2026-04-08** Favorable Report by Economic Matters `committee-passage-favorable`
- **2026-04-08** Favorable Adopted `committee-passage-favorable`
- **2026-04-08** Motion Special Order until Next Session (Delegate Hornberger) Adopted
- **2026-04-08** Second Reading Passed
- **2026-04-10** Third Reading Passed `passage`
- **2026-04-10** Returned Passed
- **2026-04-14** Approved by the Governor - Chapter 21 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/65da4e65-f53e-4ec9-83ab-4d53051f8c12`. Confidence: reported (aggregated from official Maryland legislature records).