# Maryland HB 0118: Maryland Money Transmission Act - Definition of Money Transmitter - Alteration

Maryland HB 0118, Maryland Money Transmission Act - Definition of Money Transmitter - Alteration, is a 2026 Regular Session House bill sponsored by Pam Queen (Democratic); status signed, last action 2026-04-14 (Approved by the Governor - Chapter 20) (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/MD-HB0118-2026RS
- As of: 2026-10-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland HB 0118
- State: Maryland
- Session: 2026 Regular Session
- Title: Maryland Money Transmission Act - Definition of Money Transmitter - Alteration
- Status: signed
- Chamber: House
- Introduced: 2025-10-30
- Last action: 2026-04-14, Approved by the Governor - Chapter 20
- Sponsor: Pam Queen (Democratic)
- Cosponsors: 0
- Subjects: Financial Institutions, Electronic Funds Transfer, Financial Institutions -see also- Banks; Credit Unions; etc., Licenses -see also- AB Lic; Certifications; DrLic; Permits, Salaries and Compensation -see also- Overtime; Reimb. Rates
- Touches household money: no
- Roll calls: 2 (180 yes, 0 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Payroll processors carved out of licensing: benefit, low. Beginning October 1, 2026, a payroll processor is not a money transmitter if three rules are met. There is a written agreement naming the agent to run payroll. The employer tells employees and other payees the agent acts for the employer. The employer still owes the payee if the agent fails to send…
- Bill-pay and mortgage services need licenses: mixed, low. Beginning October 1, 2026, Maryland treats anyone doing covered payment handling as a money transmitter, even if unlicensed. Bill-pay services and accelerated mortgage payment services are included. Providers must get a Maryland money transmitter license and follow state rules. Users, including hom…

## Sponsors and cosponsors

- Sponsor: Pam Queen (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-08 | Senate | Third Reading Passed | pass | 44 | 0 | 1 |
| 2026-02-26 | House | Third Reading Passed | pass | 136 | 0 |   |

## Actions (16)

- 2026-04-14: Approved by the Governor - Chapter 20
- 2026-04-09: Returned Passed (House)
- 2026-04-08: Third Reading Passed (44-0) (Senate)
- 2026-04-07: Second Reading Passed (Senate)
- 2026-04-07: Favorable Adopted (Senate)
- 2026-04-06: Favorable Report by Finance (Senate)
- 2026-03-18: Hearing 3/24 at 1:00 p.m. (Senate)
- 2026-02-27: Referred Finance (Senate)
- 2026-02-26: Third Reading Passed (136-0) (House)
- 2026-02-25: Favorable Adopted Second Reading Passed (House)
- 2026-02-24: Favorable Report by Economic Matters (House)
- 2026-02-03: Hearing 2/03 at 1:30 p.m. (House)
- 2026-02-03: Hearing canceled (House)
- 2026-01-19: Hearing 2/03 at 1:00 p.m. (House)
- 2026-01-14: First Reading Economic Matters (House)
- 2025-10-30: Pre-filed (House)

## Bill text

- Enacted, 2026-04-14: [PDF](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_20_hb0118t.pdf)
- Third Reading, 2026-02-25: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0118t.pdf)
- First Reading, 2026-01-14: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0118f.pdf)

## Related bills

- SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - Authorization (became law)
- SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishment (became law)
- SB 0244: Code Revision - Health - Maryland Medical Assistance Program (became law)
- SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-1 Specialists Act) (became law)
- SB 0016: Child Support - Earnings Withholdings Limits (became law)
- HB 0529: Code Revision - Health - Maryland Medical Assistance Program (became law)

## Sources
- [Enacted (PDF)](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_20_hb0118t.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0118t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb0118f.pdf)

## Related
- [SB 0496: Maryland Medical Assistance Program - Coverage for the Treatment of Obesity - A…](https://policyrisk.com/state-bill/MD-SB0496-2026RS)
- [SB 0366: Motor Vehicles - Intelligent Speed Assistance System Pilot Program - Establishm…](https://policyrisk.com/state-bill/MD-SB0366-2026RS)
- [SB 0244: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-SB0244-2026RS)
- [SB 0148: Income Tax - Credit for 9-1-1 Specialist Retirement Income (Supporting Our 9-1-…](https://policyrisk.com/state-bill/MD-SB0148-2026RS)
- [SB 0016: Child Support - Earnings Withholdings Limits](https://policyrisk.com/state-bill/MD-SB0016-2026RS)
- [HB 0529: Code Revision - Health - Maryland Medical Assistance Program](https://policyrisk.com/state-bill/MD-HB0529-2026RS)
- [Maryland bills](https://policyrisk.com/states/maryland/bills)
- [Maryland state hub](https://policyrisk.com/states/maryland)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/MD-HB0118-2026RS (as of 2026-10-19).