Maryland Senate Bill 251 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on April 13 2021 - 100% progression
Action: 2021-04-13 - Approved by the Governor - Chapter 101
Text: Latest bill text (Chaptered) [PDF]

Providing for the elimination of certain paper licenses for collection agencies, credit services, lenders, installment lenders, mortgage lenders, mortgage loan originators, sales finance companies, check cashing services, money transmission businesses, and debt management services; providing for the licensing of certain persons for certain activities through the Nationwide Mortgage Licensing System and Registry (NMLS); requiring that certain licenses provided for through NMLS include certain information; etc.

Commissioner of Financial Regulation - Licensing of Nondepository Institutions - Elimination of Paper License Requirements

Senate Finance Committee

2021-03-30 - House - Third Reading Passed (Y: 135 N: 0 NV: 1 Abs: 5) [PASS]
2021-02-16 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2021-04-13	Senate	Approved by the Governor - Chapter 101
2021-03-31	Senate	Returned Passed
2021-03-30	House	Third Reading Passed (135-0)
2021-03-30	House	Favorable Adopted Second Reading Passed
2021-03-28	House	Favorable Report by Economic Matters
2021-03-16	House	Hearing 3/24 at 1:30 p.m.
2021-02-18	House	Referred Economic Matters
2021-02-16	Senate	Third Reading Passed (46-0)
2021-02-10	Senate	Second Reading Passed
2021-02-10	Senate	Favorable Adopted
2021-02-09	Senate	Favorable Report by Finance
2021-01-18	Senate	Hearing 2/02 at 1:00 p.m.
2021-01-18	Senate	Hearing canceled
2020-12-23	Senate	Hearing 1/20 at 1:00 p.m.
2021-01-13	Senate	First Reading Finance
2020-09-22	Senate	Pre-filed

Chapter	Article	Section	Citation Type	Statute Text
Business Regulation	7	101	(n/a)	See Bill Text
Business Regulation	7	305	(n/a)	See Bill Text
Business Regulation	7	306.1	(n/a)	See Bill Text
Business Regulation	7	307	(n/a)	See Bill Text
Commercial Law	14	1901	(n/a)	See Bill Text
Commercial Law	14	1903	(n/a)	See Bill Text
Financial Institutions	11	201	(n/a)	See Bill Text
Financial Institutions	11	208	(n/a)	See Bill Text
Financial Institutions	11	209.1	(n/a)	See Bill Text
Financial Institutions	11	210	(n/a)	See Bill Text
Financial Institutions	11	211	(n/a)	See Bill Text
Financial Institutions	11	301	(n/a)	See Bill Text
Financial Institutions	11	302	(n/a)	See Bill Text
Financial Institutions	11	303	(n/a)	See Bill Text
Financial Institutions	11	304	(n/a)	See Bill Text
Financial Institutions	11	401	(n/a)	See Bill Text
Financial Institutions	11	408	(n/a)	See Bill Text
Financial Institutions	11	410	(n/a)	See Bill Text
Financial Institutions	11	411	(n/a)	See Bill Text
Financial Institutions	11	412	(n/a)	See Bill Text
Financial Institutions	11	501	(n/a)	See Bill Text
Financial Institutions	11	505	(n/a)	See Bill Text
Financial Institutions	11	512	(n/a)	See Bill Text
Financial Institutions	11	512.1	(n/a)	See Bill Text
Financial Institutions	11	514	(n/a)	See Bill Text
Financial Institutions	11	601	(n/a)	See Bill Text
Financial Institutions	11	603	(n/a)	See Bill Text
Financial Institutions	11	603.1	(n/a)	See Bill Text
Financial Institutions	11	609	(n/a)	See Bill Text
Financial Institutions	12	101	(n/a)	See Bill Text
Financial Institutions	12	110	(n/a)	See Bill Text
Financial Institutions	12	110.1	(n/a)	See Bill Text
Financial Institutions	12	112	(n/a)	See Bill Text
Financial Institutions	12	113	(n/a)	See Bill Text
Financial Institutions	12	401	(n/a)	See Bill Text
Financial Institutions	12	410	(n/a)	See Bill Text
Financial Institutions	12	415	(n/a)	See Bill Text
Financial Institutions	12	422	(n/a)	See Bill Text
Financial Institutions	12	901	(n/a)	See Bill Text
Financial Institutions	12	911	(n/a)	See Bill Text
Financial Institutions	12	913	(n/a)	See Bill Text
Financial Institutions	12	915	(n/a)	See Bill Text
Financial Institutions	12	925	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0251?ys=2021RS
Text	https://mgaleg.maryland.gov/2021RS/bills/sb/sb0251f.pdf
Text	https://mgaleg.maryland.gov/2021RS/bills/sb/sb0251t.pdf
Text	https://mgaleg.maryland.gov/2021RS/Chapters_noln/CH_101_sb0251t.pdf
Supplement	https://mgaleg.maryland.gov/2021RS/votes_comm/sb0251_fin.pdf
Supplement	https://mgaleg.maryland.gov/2021RS/votes_comm/sb0251_ecm.pdf
Roll Call	https://mgaleg.maryland.gov/2021RS/votes/Senate/0216.pdf
Roll Call	https://mgaleg.maryland.gov/2021RS/votes/House/0879.pdf