# Maryland HB 1516: Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)

Maryland HB 1516, Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025), is a 2025 Regular Session House bill sponsored by Pam Queen (Democratic); status signed, last action 2025-04-22 (Approved by the Governor - Chapter 119) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/MD-HB1516-2025RS
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland HB 1516
- State: Maryland
- Session: 2025 Regular Session
- Title: Financial Institutions - Consumer Credit - Application of Licensing Requirements (Maryland Secondary Market Stability Act of 2025)
- Status: signed
- Chamber: House
- Introduced: 2025-02-17
- Last action: 2025-04-22, Approved by the Governor - Chapter 119
- Sponsor: Pam Queen (Democratic)
- Cosponsors: 0
- Subjects: Financial Institutions, Committees and Commissions, Credit, Emergency Bills, Estates and Trusts -see also- Beneficiaries, Finance Companies, Financial Institutions -see also- Banks; Credit Unions; etc., Financial Regulation, Division of, Licenses -see also- AB Lic; Certifications; DrLic; Permits, Loans -see also- Credit; Mortgages; Scholarships&SFA, Mortgages, Registration -see also- Motor Vehicle Registration, Reports, Studies -see also- Commitees & Commissions; Reports, Sunset
- Touches household money: no
- Roll calls: 3 (259 yes, 59 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Pam Queen (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-07 | House | Third Reading Passed | pass | 118 | 17 | 5 |
| 2025-04-03 | Senate | Third Reading Passed | pass | 42 | 5 |   |
| 2025-03-17 | House | Third Reading Passed | pass | 99 | 37 | 2 |

## Actions (15)

- 2025-04-22: Approved by the Governor - Chapter 119
- 2025-04-07: Passed Enrolled (House)
- 2025-04-07: Third Reading Passed (118-17) (House)
- 2025-04-07: House Concurs Senate Amendments (House)
- 2025-04-03: Third Reading Passed (42-5) (Senate)
- 2025-04-03: Second Reading Passed with Amendments (Senate)
- 2025-04-03: Favorable with Amendments {793322/1 Adopted (Senate)
- 2025-04-03: Favorable with Amendments Report by Finance (Senate)
- 2025-03-17: Referred Finance (Senate)
- 2025-03-17: Third Reading Passed (99-37) (House)
- 2025-03-15: Favorable Adopted Second Reading Passed (House)
- 2025-03-15: Favorable Report by Economic Matters (House)
- 2025-03-06: Hearing 3/11 at 1:00 p.m. (House)
- 2025-03-06: Rereferred to Economic Matters (House)
- 2025-02-17: First Reading House Rules and Executive Nominations (House)

## Bill text

- Enacted, 2025-04-22: [PDF](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_119_hb1516e.pdf)
- Enrolled, 2025-04-07: [PDF](https://mgaleg.maryland.gov/2025RS/bills/hb/hb1516e.pdf)
- Third Reading, 2025-03-15: [PDF](https://mgaleg.maryland.gov/2025RS/bills/hb/hb1516t.pdf)
- First Reading, 2025-02-17: [PDF](https://mgaleg.maryland.gov/2025RS/bills/hb/hb1516f.pdf)

## Related bills

- SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions (vetoed)
- HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination Review Process (vetoed)
- HB 0384: Maryland Disability Service Animal Program - Established (vetoed)
- SB 0157: Maryland Disability Service Animal Program - Established (vetoed)
- HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization (became law)
- HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard (signed)

## Sources
- [Enacted (PDF)](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_119_hb1516e.pdf)
- [Enrolled (PDF)](https://mgaleg.maryland.gov/2025RS/bills/hb/hb1516e.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/hb/hb1516t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/hb/hb1516f.pdf)

## Related
- [SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions](https://policyrisk.com/state-bill/MD-SB0227-2025RS)
- [HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination…](https://policyrisk.com/state-bill/MD-HB0482-2025RS)
- [HB 0384: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-HB0384-2025RS)
- [SB 0157: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-SB0157-2025RS)
- [HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization](https://policyrisk.com/state-bill/MD-HB1294-2025RS)
- [HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard](https://policyrisk.com/state-bill/MD-HB0228-2025RS)
- [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-HB1516-2025RS (as of 2026-10-17).