STATE BILLMD HB 38PASSED

Financial Institutions - Licensing of Affiliated Insurance Producer-Mortgage Loan Originators - Alterations

Altering the licensing requirements for an affiliated insurance producer-mortgage loan originator; and requiring the Commissioner of Financial Regulation to approve a certain financial institution that meets certain criteria or certain mortgage lenders that meet certain criteria to sponsor an affiliated insurance producer-mortgage loan originator if the mortgage lender is in good standing with the Commissioner and any other regulator to which it is subject and is in material compliance with applicable state and federal law.

Status: Passed; Signed or otherwise enacted
Status date: May 12, 2026; 184 days ago
Current chamber: House of Delegates
Session: 2026 Regular Session

MD HB 38 · PassedMay 12

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Bill details

Last action: Approved by the Governor - Chapter 512 · May 12, 2026

Sponsor

PQPamela QueenRepresentative · Democrat · HD-014Primary sponsor

Bill history

Newest first.

May 12, 2026Approved by the Governor - Chapter 512House

Apr 13, 2026Returned PassedHouse

Apr 13, 2026Third Reading Passed (43-0)Senate

Apr 9, 2026Second Reading PassedSenate

Apr 9, 2026Favorable AdoptedSenate

Apr 9, 2026Favorable Report by FinanceSenate

Mar 18, 2026Hearing 3/24 at 1:00 p.m.Senate

Feb 27, 2026Referred FinanceSenate

Show 9 earlier actions

Feb 26, 2026Third Reading Passed (136-0)House

Feb 25, 2026Second Reading Passed with AmendmentsHouse

Feb 25, 2026Favorable with Amendments {153228/1 AdoptedHouse

Feb 24, 2026Favorable with Amendments Report by Economic MattersHouse

Feb 3, 2026Hearing 2/03 at 1:30 p.m.House

Feb 3, 2026Hearing canceledHouse

Jan 19, 2026Hearing 2/03 at 1:00 p.m.House

Jan 14, 2026First Reading Economic MattersHouse

Oct 28, 2025Pre-filedHouse

Recorded votes

Third Reading PassedFeb 26, 2026 · House · 136 yea · 0 nayPassed

Third Reading PassedApr 13, 2026 · Senate · 43 yea · 0 nayPassed

Subjects

Financial Institutions
Commercial Law - Credit Regulation
Bonds
Insurance
Licenses
Mortgages
Identification
Insurance Administration

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