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MarylandSB 05822026 Regular SessionSenateWALLET

Consumer Protection - Unsolicited Loans

Sponsored By: J.B. Jennings (Republican)

Signed by Governor

Commercial Law - Consumer ProtectionChecksCommerce and Business -see also- ElectrComm; ForeignTr; etc.Consumer ProtectionCreditCrimes and Punishments -see also- Penalties and Sentnc; etc.Fines -see also- Penalties and SentencesLoans -see also- Credit; Mortgages; Scholarships&SFAPenalties and Sentences -see also- Death Penalty

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

No unsolicited loan or property checks

Beginning October 1, 2026, companies cannot mail you a check to push a secured loan unless you applied or asked. They also cannot send a check with an unsolicited offer to buy your home or other real property. This does not cover convenience checks to use your existing credit line, or prescreened firm offers of unsecured credit regulated by federal law. If you get a prohibited check, you owe nothing unless you cash, deposit, or endorse it. Senders who break the law commit a misdemeanor and can be fined up to $500.

Sponsors & Cosponsors

Sponsor

  • J.B. Jennings

    Republican • Senate

Cosponsors

  • Jack Bailey

    Republican • Senate

  • Johnny Ray Salling

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 223 • No: 0

House vote • 4/10/2026

Third Reading Passed

Yes: 136 • No: 0 • Other: 2

Senate vote • 4/10/2026

Third Reading Passed

Yes: 42 • No: 0 • Other: 2

Senate vote • 3/19/2026

Third Reading Passed

Yes: 45 • No: 0

Actions Timeline

  1. Approved by the Governor - Chapter 316

    4/28/2026

  2. Passed Enrolled

    4/10/2026Senate

  3. Third Reading Passed (42-0)

    4/10/2026Senate

  4. Senate Concurs House Amendments

    4/10/2026Senate

  5. Third Reading Passed (136-0)

    4/10/2026House

  6. Second Reading Passed with Amendments

    4/8/2026House

  7. Favorable with Amendments {573927/1 Adopted

    4/8/2026House

  8. Favorable with Amendments Report by Economic Matters

    4/8/2026House

  9. Hearing 3/26 at 2:30 p.m.

    3/23/2026House

  10. Hearing canceled

    3/23/2026House

  11. Hearing 3/26 at 1:00 p.m.

    3/21/2026House

  12. Referred Economic Matters

    3/20/2026House

  13. Third Reading Passed (45-0)

    3/19/2026Senate

  14. Second Reading Passed with Amendments

    3/17/2026Senate

  15. Favorable with Amendments {583026/1 Adopted

    3/17/2026Senate

  16. Favorable with Amendments Report by Finance

    3/16/2026Senate

  17. Hearing 2/19 at 1:00 p.m.

    2/4/2026Senate

  18. First Reading Finance

    2/4/2026Senate

Bill Text

  • Enacted

    4/28/2026

    PDF

  • Enrolled

    4/10/2026

    PDF

  • Third Reading

    3/17/2026

    PDF

  • First Reading

    2/4/2026

    PDF

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