AN ACT relating to state financial practices. [HB-376]
[Finance ]
[Technology and Innovation ]
[Taxes ]
[Budget and Spending ]
[Investments ]
[Retirement ]
[Inflation ]
Amend KRS 42.500 to authorize the State Investment Commission to make investments in certain digital assets and bullion; define terms; establish requirements for investments; prohibit investments in central bank digital currency; make technical corrections; amend KRS 42.525 to specify administrative regulation authority of commission regarding investment powers and requirements; create a new section of KRS Chapter 42 to authorize state retirement funds and state deferred compensation fund participants to invest in exchange traded products; amend
(continued...)
HB-376: AN ACT relating to state financial practices.
Sponsored by: Rep. T.J. Roberts
To Banking & Insurance (h) on 02/12/2025
AN ACT relating to digital assets. [HB-377]
[Technology and Innovation ]
[Finance ]
[Consumer Protection ]
[Cybersecurity ]
[Data Privacy ]
Amend KRS 41.070 and 45.345 and create a new section of KRS Chapter 65 to prohibit state and local governments from requiring use or payment of central bank digital currency; establish KRS Chapter 355A and create new sections thereof to define terms, establish property classifications for digital assets, and prohibit KRS Chapter 355A from applying to central bank digital currency; supplement and modify provisions of the Uniform Commercial Code, KRS Chapter 355, relating to the classification, perfection, and priority of digital assets; allow debtors
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HB-377: AN ACT relating to digital assets.
Sponsored by: Rep. T.J. Roberts
To Banking & Insurance (h) on 02/12/2025
Local Government - Accommodations Intermediaries - Hotel Rental Tax Collection by Comptroller [HB-1103]
[Taxes ]
[Housing ]
Requiring certain accommodations intermediaries to collect and remit the hotel rental tax to the Comptroller rather than to each county; providing for the administration of the hotel rental tax by the Comptroller; providing that certain provisions of State law prevail over certain local laws or agreements related to the hotel rental tax; repealing the authority of certain counties to provide for certain exemptions from the hotel rental tax; etc.
HB-1103: Local Government - Accommodations Intermediaries - Hotel Rental Tax Collection by Comptroller
Sponsored by: Rep. Vanessa Atterbeary
Hearing Canceled on 02/07/2025
Dorchester County - Well and On-Site Sewage Disposal Activities - Privatization Program [HB-1124]
[Environmental ]
[Water ]
[Public Health ]
[Waste Management / Recycling ]
Authorizing the Department of the Environment, at the request of the Dorchester County government and the local health department or county agency in Dorchester County that has received a well or on-site sewage disposal system delegation of authority by the Department, to establish a privatization program for the performance of activities associated with the well or on-site sewage disposal system delegation of authority in Dorchester County.
HB-1124: Dorchester County - Well and On-Site Sewage Disposal Activities - Privatization Program
Sponsored by: No sponsors
Approved By The Governor - Chapter 425 on 05/06/2025
Local Government - Accommodations Intermediaries - Hotel Rental Tax - Collection by Comptroller and Alterations [SB-979]
[Taxes ]
[Housing ]
Requiring certain accommodations intermediaries to collect and remit the hotel rental tax to the Comptroller rather than to each county; providing for the administration of the hotel rental tax by the Comptroller; providing that certain provisions of State law prevail over certain local laws or agreements related to the hotel rental tax; repealing the authority of certain counties to provide for certain exemptions from the hotel rental tax; etc.
SB-979: Local Government - Accommodations Intermediaries - Hotel Rental Tax - Collection by Comptroller and Alterations
Sponsored by: Sen. Guy Guzzone
Approved By The Governor - Chapter 638 on 05/20/2025
Dorchester County - Well and On-Site Sewage Disposal Activities - Privatization Program [SB-964]
[Environmental ]
[Water ]
[Public Health ]
[Waste Management / Recycling ]
Authorizing the Department of the Environment, at the request of the Dorchester County government and the local health department or county agency in Dorchester County that has received a well or on-site sewage disposal system delegation of authority by the Department, to establish a privatization program for the performance of activities associated with the well or on-site sewage disposal system delegation of authority in Dorchester County.
SB-964: Dorchester County - Well and On-Site Sewage Disposal Activities - Privatization Program
Sponsored by: Sen.
Approved By The Governor - Chapter 424 on 05/06/2025
Post-Towing Procedure Workgroup - Establishment [SB-883]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
[Law Enforcement ]
Establishing the Post-Towing Procedure Workgroup to identify and examine issues relating to the establishment of statutory liens on motor vehicles that are towed or removed from privately owned parking lots under certain circumstances; and requiring the Workgroup to report its findings and recommendations to the General Assembly by December 1, 2025.
Commercial Financing - Small Business Truth in Lending Act [SB-754]
[Finance ]
[Small Business ]
[Consumer Protection ]
[Economic Development ]
Regulating commercial financing transactions, including by establishing requirements related to certain disclosures, calculations of annual percentage rates, terms of repayments, and other related items, and the extension of specific offers.
SB-754: Commercial Financing - Small Business Truth in Lending Act
Sponsored by: Sen. Benjamin Kramer
Referred Economic Matters on 03/07/2025
Corporations and Associations - Maryland Securities Act - Filing Fees [HB-917]
[Finance ]
[Taxes ]
[Consumer Protection ]
Increasing, from $100 to $250, the fee that a person required to submit a filing in accordance with a certain exemption is required to pay; and increasing, from $100 to $250, the fee that a person required to submit a notice of offer or sale of certain federal covered securities is required to pay.
Estates and Trusts - Interpretation of Wills - Evidence of Intent (Granny's Law) [HB-868]
[Law Enforcement ]
Authorizing, under certain circumstances, a personal representative to petition the orphans' court to interpret a decedent's will in accordance with the decedent's intent as demonstrated by certain extrinsic evidence; establishing a certain rebuttable presumption as to a decedent's intent; authorizing the personal representative to require a certain legatee to demonstrate the use of a legacy under the decedent's will; requiring the court to interpret a will in a certain manner if certain language is included in the will; etc.
HB-868: Estates and Trusts - Interpretation of Wills - Evidence of Intent (Granny's Law)
Sponsored by: Rep. Edith Patterson
Hearing 2/27 At 1:00 P.m. on 02/10/2025
Carroll County - Public Facilities Bond [HB-833]
[Budget and Spending ]
[Community Development ]
[Construction ]
[Funding ]
[Public Safety ]
Authorizing and empowering the County Commissioners of Carroll County to borrow not more than $36,900,000 in order to finance the construction, improvement, or development of certain public facilities in Carroll County and to effect such borrowing by the issuance and sale at public or private sale of its general obligation bonds; etc.
HB-833: Carroll County - Public Facilities Bond
Sponsored by: No sponsors
Approved By The Governor - Chapter 423 on 05/06/2025
St. Mary's County - Public Facilities Bond [SB-623]
[Budget and Spending ]
[Community Development ]
[Construction ]
[Funding ]
[Public Safety ]
Authorizing and empowering the County Commissioners of St. Mary's County to borrow not more than $71,000,000 in order to finance the construction, improvement, or development of certain public facilities in St. Mary's County, and to effect such borrowing by the issuance and sale at public or private sale of its general obligation bonds; etc.
SB-623: St. Mary's County - Public Facilities Bond
Sponsored by: Sen. Jack Bailey
Approved By The Governor - Chapter 408 on 05/06/2025
Maryland Uniform Disposition of Abandoned Property Act – Revisions [SB-665]
[Finance ]
[Technology and Innovation ]
[Consumer Protection ]
[Data Privacy ]
Making certain virtual currency subject to the abandoned property laws in the State; establishing certain provisions to determine certain information about certain apparent owners of abandoned property; altering and establishing certain provisions pertaining to the presumption of abandonment for certain types of property; establishing certain procedures to establish the death of a certain insured or certain annuitant; altering the dollar value at which the Comptroller is required to publish certain notice; etc.
SB-665: Maryland Uniform Disposition of Abandoned Property Act – Revisions
Sponsored by: No sponsors
Approved By The Governor - Chapter 635 on 05/20/2025
Maryland Uniform Disposition of Abandoned Property Act - Revisions [HB-761]
[Consumer Protection ]
[Data Privacy ]
[Technology and Innovation ]
Making certain virtual currency subject to the abandoned property laws in the State; establishing certain provisions to determine certain information about certain apparent owners of abandoned property; altering and establishing certain provisions pertaining to the presumption of abandonment for certain types of property; establishing certain procedures to establish the death of a certain insured or certain annuitant; altering from $100 to $50 the value at which the Comptroller is required to publish a certain notice; etc.
HB-761: Maryland Uniform Disposition of Abandoned Property Act - Revisions
Sponsored by: No sponsors
Approved By The Governor - Chapter 636 on 05/20/2025
Commercial Financing - Small Business Truth in Lending Act [HB-693]
[Finance ]
[Small Business ]
[Consumer Protection ]
[Economic Development ]
Regulating commercial financing transactions, including by establishing requirements related to certain disclosures, calculations of annual percentage rates, terms of repayments, and other related items, and the extension of specific offers.
HB-693: Commercial Financing - Small Business Truth in Lending Act
Sponsored by: Rep. David Fraser-hidalgo
Favorable Report By Economic Matters on 03/17/2025
Real Property - Transfer-on-Death Deed - Establishment [HB-625]
[Real Estate ]
[Property Tax ]
Altering the Maryland Uniform Disclaimer of Property Interests Act to provide for the disclaimer of nonprobate transfers at death; providing for the creation, revocation, recordation, and effects of a transfer-on-death deed for real property; requiring the Administrative Office of the Courts to develop an informational sheet regarding transfer-on-death deeds; providing example forms for the creation and revocation of a transfer-on-death deed; etc.
HB-625: Real Property - Transfer-on-Death Deed - Establishment
Sponsored by: Rep. Terri Hill
Hearing 2/12 At 1:00 P.m. (judiciary) on 01/27/2025
St. Mary's County - Public Facilities Bond [HB-561]
[Budget and Spending ]
[Community Development ]
[Construction ]
[Funding ]
[Public Safety ]
Authorizing and empowering the County Commissioners of St. Mary's County to borrow not more than $71,000,000 in order to finance the construction, improvement, or development of certain public facilities in St. Mary's County, and to effect such borrowing by the issuance and sale at public or private sale of its general obligation bonds; etc.
HB-561: St. Mary's County - Public Facilities Bond
Sponsored by: No sponsors
Hearing 3/12 At 1:00 P.m. on 02/21/2025