# Maryland SB 0741: Financial Institutions and Activities - Virtual Currency Kiosks - Alterations

Maryland SB 0741, Financial Institutions and Activities - Virtual Currency Kiosks - Alterations, is a 2026 Regular Session Senate bill sponsored by Pamela Beidle (Democratic); status signed, last action 2026-05-12 (Approved by the Governor - Chapter 417) (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/MD-SB0741-2026RS
- As of: 2026-10-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland SB 0741
- State: Maryland
- Session: 2026 Regular Session
- Title: Financial Institutions and Activities - Virtual Currency Kiosks - Alterations
- Status: signed
- Chamber: Senate
- Introduced: 2026-02-06
- Last action: 2026-05-12, Approved by the Governor - Chapter 417
- Sponsor: Pamela Beidle (Democratic)
- Cosponsors: 1
- Subjects: Financial Institutions, Commerce and Business -see also- ElectrComm; ForeignTr; etc., Electronic Commerce -see also- Electronic Funds Transfer, Financial Institutions -see also- Banks; Credit Unions; etc., Goods and Services -see also- Retail Sales; TermnSvc; TrfGds, Technology -see also- AeroT; BioT; EnergyT; InfoT; MedT; etc, Work, Labor, and Employment -see also- JobTrn; Leave; etc.
- Touches household money: no
- Roll calls: 2 (178 yes, 0 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Kiosks cannot act like ATMs: cost, low. Beginning October 1, 2026, virtual currency kiosk operators must limit each machine to virtual currency services only. A kiosk may not operate or offer the same services as an ATM. Operators may need to change or disable features to comply.
- New definitions for virtual currency kiosks: mixed, low. Beginning October 1, 2026, Maryland sets clear definitions for virtual currency kiosks and their operators. A kiosk is a stand‑alone machine where customers use cash or a card to get virtual currency services. Operators include the owner, the person running the machine, and anyone who installs or r…

## Sponsors and cosponsors

- Sponsor: Pamela Beidle (Democratic), Senate
- Cosponsor: Shelly Hettleman (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-10 | House | Third Reading Passed | pass | 134 | 0 | 2 |
| 2026-03-12 | Senate | Third Reading Passed | pass | 44 | 0 | 1 |

## Actions (13)

- 2026-05-12: Approved by the Governor - Chapter 417
- 2026-04-10: Returned Passed (Senate)
- 2026-04-10: Third Reading Passed (134-0) (House)
- 2026-04-08: Favorable Adopted Second Reading Passed (House)
- 2026-04-08: Favorable Report by Economic Matters (House)
- 2026-03-16: Hearing 3/24 at 1:00 p.m. (House)
- 2026-03-13: Referred Economic Matters (House)
- 2026-03-12: Third Reading Passed (44-0) (Senate)
- 2026-03-10: Second Reading Passed (Senate)
- 2026-03-10: Favorable Adopted (Senate)
- 2026-03-09: Favorable Report by Finance (Senate)
- 2026-02-11: Hearing 2/26 at 1:00 p.m. (Senate)
- 2026-02-06: First Reading Finance (Senate)

## Bill text

- Enacted, 2026-05-12: [PDF](https://mgaleg.maryland.gov/2026RS/Chapters_noln/CH_417_sb0741t.pdf)
- Third Reading, 2026-03-10: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0741t.pdf)
- First Reading, 2026-02-06: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0741f.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_417_sb0741t.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0741t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0741f.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-SB0741-2026RS (as of 2026-10-19).