# Maryland SB 0689: Financial Institutions - Conventional Home Mortgage Loans - Assumption and Required Disclosures

Maryland SB 0689, Financial Institutions - Conventional Home Mortgage Loans - Assumption and Required Disclosures, is a 2025 Regular Session Senate bill sponsored by Dawn Gile (Democratic); status signed, last action 2025-04-22 (Approved by the Governor - Chapter 203) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/MD-SB0689-2025RS
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland SB 0689
- State: Maryland
- Session: 2025 Regular Session
- Title: Financial Institutions - Conventional Home Mortgage Loans - Assumption and Required Disclosures
- Status: signed
- Chamber: Senate
- Introduced: 2025-01-30
- Last action: 2025-04-22, Approved by the Governor - Chapter 203
- Sponsor: Dawn Gile (Democratic)
- Cosponsors: 0
- Subjects: Financial Institutions, Family Law, Real Property, Banks and Trust Companies, Communications -see also- ElecComm; Intergov; Telecom; etc., Contracts -see also- Procurement, Credit Unions, Disclosure, Divorce -see also- Annulment; Family Law, Finance Companies, Financial Institutions -see also- Banks; Credit Unions; etc., Forms, Interest, Mortgages, Residential Property -see also- Apartments; Condominiums, Savings and Loan Associations
- Touches household money: no
- Roll calls: 3 (211 yes, 12 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: Dawn Gile (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-07 | Senate | Third Reading Passed | pass | 42 | 0 | 1 |
| 2025-04-07 | House | Third Reading Passed | pass | 122 | 12 | 4 |
| 2025-03-14 | Senate | Third Reading Passed | pass | 47 | 0 |   |

## Actions (15)

- 2025-04-22: Approved by the Governor - Chapter 203
- 2025-04-07: Passed Enrolled (Senate)
- 2025-04-07: Third Reading Passed (42-0) (Senate)
- 2025-04-07: Senate Concurs House Amendments (Senate)
- 2025-04-07: Third Reading Passed (122-12) (House)
- 2025-04-02: Second Reading Passed with Amendments (House)
- 2025-04-02: Favorable with Amendments {973220/1 Adopted (House)
- 2025-04-01: Favorable with Amendments Report by Economic Matters (House)
- 2025-03-15: Referred Economic Matters (House)
- 2025-03-14: Third Reading Passed (47-0) (Senate)
- 2025-03-13: Second Reading Passed with Amendments (Senate)
- 2025-03-13: Favorable with Amendments {983124/1 Adopted (Senate)
- 2025-03-12: Favorable with Amendments Report by Finance (Senate)
- 2025-02-01: Hearing 2/20 at 1:00 p.m. (Senate)
- 2025-01-30: First Reading Finance (Senate)

## Bill text

- Enacted, 2025-04-22: [PDF](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_203_sb0689e.pdf)
- Enrolled, 2025-04-07: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0689e.pdf)
- Third Reading, 2025-03-13: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0689t.pdf)
- First Reading, 2025-01-30: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0689f.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_203_sb0689e.pdf)
- [Enrolled (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0689e.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0689t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0689f.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-SB0689-2025RS (as of 2026-10-17).