# Maryland HB 1049: Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement

Maryland HB 1049, Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement, is a 2026 Regular Session House bill sponsored by Brian M. Crosby (Democratic); status signed, last action 2026-05-12 (Approved by the Governor - Chapter 506) (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/MD-HB1049-2026RS
- 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 1049
- State: Maryland
- Session: 2026 Regular Session
- Title: Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement
- Status: signed
- Chamber: House
- Introduced: 2026-02-09
- Last action: 2026-05-12, Approved by the Governor - Chapter 506
- Sponsor: Brian M. Crosby (Democratic)
- Cosponsors: 0
- Subjects: Financial Institutions, Commerce and Business -see also- ElectrComm; ForeignTr; etc., Credit Unions, Mergers and Acquisitions, Voting -see also- Absentee and Mail-In Voting
- Touches household money: no
- Roll calls: 2 (179 yes, 0 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Credit union mergers need fewer member votes: mixed, low. Beginning October 1, 2026, members of each merging credit union must approve a merger by a majority of votes cast. Members of the surviving credit union do not have to approve, unless the Commissioner requires it. A majority of each board must first adopt a merger resolution. Each merging board mus…
- New paperwork for credit union mergers: mixed, low. Beginning October 1, 2026, two officers of each party must sign a merger or consolidation certificate after approvals. The certificate must list when and where the board approved the plan, the board vote, and the adopting resolution. If members approved, it must show the approval date and vote, unl…

## Sponsors and cosponsors

- Sponsor: Brian M. Crosby (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-06 | Senate | Third Reading Passed | pass | 46 | 0 |   |
| 2026-03-18 | House | Third Reading Passed | pass | 133 | 0 | 3 |

## Actions (14)

- 2026-05-12: Approved by the Governor - Chapter 506
- 2026-04-07: Returned Passed (House)
- 2026-04-06: Third Reading Passed (46-0) (Senate)
- 2026-03-31: Favorable Adopted Second Reading Passed (Senate)
- 2026-03-30: Favorable Report by Finance (Senate)
- 2026-03-19: Referred Finance (Senate)
- 2026-03-18: Third Reading Passed (133-0) (House)
- 2026-03-17: Second Reading Passed (House)
- 2026-03-17: Favorable Adopted (House)
- 2026-03-16: Favorable Report by Economic Matters (House)
- 2026-02-19: Hearing 3/10 at 1:00 p.m. (House)
- 2026-02-19: Hearing canceled (House)
- 2026-02-16: Hearing 3/03 at 1:00 p.m. (House)
- 2026-02-09: First Reading Economic Matters (House)

## Bill text

- Enacted, 2026-05-12: [PDF](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_506_hb1049t.pdf)
- Third Reading, 2026-03-17: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb1049t.pdf)
- First Reading, 2026-02-09: [PDF](https://mgaleg.maryland.gov/2026RS/bills/hb/hb1049f.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_506_hb1049t.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb1049t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/hb/hb1049f.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-HB1049-2026RS (as of 2026-10-19).