5941153bb7
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
75 lines
3.8 KiB
Markdown
75 lines
3.8 KiB
Markdown
---
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type: "Bill"
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title: "Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)"
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description: "Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)"
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jurisdiction: "us/states/md"
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legislature: "Maryland General Assembly"
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session: "2025"
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identifier: "HB 1516"
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citation: "Maryland HB 1516 (2025)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Queen"]
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version_count: 4
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action_count: 15
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vote_count: 3
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first_action: "2025-02-17"
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last_action: "2025-04-22"
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source: "openstates"
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source_identifier: "ocd-bill/1f62db02-ba1a-4523-ba79-402e38270c7e"
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source_url: "http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/hb1516?ys=2025RS&search=True"
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source_hash: "e04cec523b9f2bbff1c356dc7de7f4d3f609a1055a60fdd9cbf3a43c1785fd68"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-md"]
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---
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# Maryland HB 1516 (2025) — Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Chapter - Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)** (committee substitute) — [source](http://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_119_hb1516e.pdf)
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2. **Enrolled - Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)** (committee substitute) — [source](http://mgaleg.maryland.gov/2025RS/bills/hb/hb1516e.pdf)
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3. **First - Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)** (committee substitute) — [source](http://mgaleg.maryland.gov/2025RS/bills/hb/hb1516f.pdf)
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4. **Third - Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)** (committee substitute) — [source](http://mgaleg.maryland.gov/2025RS/bills/hb/hb1516t.pdf)
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## Votes
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- On Third Reading and Final Passage (Hse concurred) — **118–17** (pass) · lower
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- On Third Reading (Emerg) — **99–37** (pass) · lower
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- On Third Reading (Emerg/Amend) — **42–5** (pass) · upper
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## Sponsors
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- Queen — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-02-17** First Reading House Rules and Executive Nominations `referral-committee`
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- **2025-03-06** Rereferred to Economic Matters
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- **2025-03-06** Hearing 3/11 at 1:00 p.m.
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- **2025-03-15** Favorable Report by Economic Matters `committee-passage-favorable`
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- **2025-03-15** Favorable Adopted Second Reading Passed `committee-passage-favorable`
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- **2025-03-17** Third Reading Passed `passage`
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- **2025-03-17** Referred Finance `referral-committee`
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- **2025-04-03** Favorable with Amendments Report by Finance `committee-passage-favorable`
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- **2025-04-03** Favorable with Amendments { `committee-passage-favorable`
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- **2025-04-03** Second Reading Passed with Amendments
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- **2025-04-03** Third Reading Passed `passage`
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- **2025-04-07** House Concurs Senate Amendments
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- **2025-04-07** Third Reading Passed `passage`
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- **2025-04-07** Passed Enrolled
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- **2025-04-22** Approved by the Governor - Chapter 119 `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1f62db02-ba1a-4523-ba79-402e38270c7e`. Confidence: reported (aggregated from official Maryland legislature records).
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