STATE BILLMD SB 518ENGROSSED

Maryland Financial Empowerment Center Network Pilot Program - Establishment

Establishing the Maryland Financial Empowerment Center Network Pilot Program within the Office of the Comptroller to establish a statewide network of financial empowerment centers in different regions of the State; requiring each center to provide one-on-one financial counseling and coaching services free of charge; and requiring the Governor to include in the annual budget bill for fiscal years 2028 and 2029 an appropriation to the Comptroller sufficient to cover the costs of the Pilot Program.

Status: Engrossed; Passed its first chamber
Status date: Mar 18, 2026; 239 days ago
Current chamber: House of Delegates
Session: 2026 Regular Session

MD SB 518 · EngrossedMar 18

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Bill details

Last action: Hearing 4/02 at 1:00 p.m. · Mar 25, 2026
Pending committee: Ways and Means

Sponsor

NKNancy KingSenator · Democrat · SD-039Primary sponsor

Bill history

Newest first.

Mar 25, 2026Hearing 4/02 at 1:00 p.m.House

Mar 18, 2026Referred Ways and MeansHouse

Mar 18, 2026Third Reading Passed (46-0)Senate

Mar 13, 2026Second Reading PassedSenate

Mar 13, 2026Favorable AdoptedSenate

Mar 13, 2026Favorable Report by Budget and TaxationSenate

Feb 5, 2026Hearing 2/25 at 1:00 p.m.Senate

Feb 5, 2026Hearing canceledSenate

Show 2 earlier actions

Feb 4, 2026Hearing 2/18 at 1:00 p.m.Senate

Feb 3, 2026First Reading Budget and TaxationSenate

Recorded vote

Third Reading PassedMar 18, 2026 · Senate · 46 yea · 0 nayPassed

Subjects

Social Services - Generally
Appropriations
Comptroller
Credit
Debt Management
Job Training
Language
Pilot Programs
Rules and Regulations
Standards and Best Practices
Sunset

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