# Maryland SB 0881: Financial Institutions and Activities - Licensing Requirements and Regulation of Commercial Financing

Maryland SB 0881, Financial Institutions and Activities - Licensing Requirements and Regulation of Commercial Financing, is a 2026 Regular Session Senate bill sponsored by Benjamin F. Kramer (Democratic); status failed, last action 2026-03-24 (Hearing 3/31 at 1:00 p.m.) (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/MD-SB0881-2026RS
- As of: 2026-10-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland SB 0881
- State: Maryland
- Session: 2026 Regular Session
- Title: Financial Institutions and Activities - Licensing Requirements and Regulation of Commercial Financing
- Status: failed
- Chamber: Senate
- Introduced: 2026-02-06
- Last action: 2026-03-24, Hearing 3/31 at 1:00 p.m.
- Sponsor: Benjamin F. Kramer (Democratic)
- Cosponsors: 0
- Subjects: Financial Institutions, Assessments -see also- Property Tax, Attorney General, Budgets -see also- Capital Budgets, Commerce and Business -see also- ElectrComm; ForeignTr; etc., Disclosure, Electronic Communication, Ethics, Fees -see also- Attys' Fees; Devt Fees & Taxes, Financial Institutions -see also- Banks; Credit Unions; etc., Financial Regulation, Division of, Fines -see also- Penalties and Sentences, Hearings, Identification -see also- Biometrics; Fingerprinting; DrLics, Licenses -see also- AB Lic; Certifications; DrLic; Permits, Names, Notices, Partnerships, Penalties and Sentences -see also- Death Penalty, Prices -see also- Consumer Price Index, Reimbursements, Reports, Revenue and Taxes -see also- (specific tax), Rules and Regulations, Small Business, Social Media, Standards and Best Practices, State's Attorneys, Technology -see also- AeroT; BioT; EnergyT; InfoT; MedT; etc
- Touches household money: no
- Roll calls: 1 (42 yes, 0 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: Benjamin F. Kramer (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-20 | Senate | Third Reading Passed | pass | 42 | 0 | 1 |

## Actions (8)

- 2026-03-24: Hearing 3/31 at 1:00 p.m. (House)
- 2026-03-21: Referred Economic Matters (House)
- 2026-03-20: Third Reading Passed (42-0) (Senate)
- 2026-03-19: Second Reading Passed with Amendments (Senate)
- 2026-03-19: Favorable with Amendments {803427/1 Adopted (Senate)
- 2026-03-19: Favorable with Amendments Report by Finance (Senate)
- 2026-02-12: Hearing 2/27 at 1:00 p.m. (Senate)
- 2026-02-06: First Reading Finance (Senate)

## Bill text

- Third Reading, 2026-03-19: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0881t.pdf)
- First Reading, 2026-02-06: [PDF](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0881f.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
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0881t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2026RS/bills/sb/sb0881f.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-SB0881-2026RS (as of 2026-10-16).