SB 753

Fiduciary Institutions - Exploitation of Seniors and Vulnerable Adults - Protections and Required Referral (Vulnerable Adult Banking Protection Act)

Sponsor: Benjamin F. Kramer (District 19)Committee: FinanceSubject: Financial InstitutionsStatus: Approved by the Governor - Chapter 511 (as of Sep 4, 2026)

What this bill does

Official synopsis

Authorizing a fiduciary institution, under certain circumstances, to delay or deny a disbursement from the account of a certain individual or the account on which a certain individual is a beneficiary; requiring a fiduciary institution, under certain circumstances, to provide certain financial records to certain entities; authorizing a fiduciary institution, under certain circumstances, to contact certain individuals; and providing certain fiduciary institutions immunity from certain liability.

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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (20)

MGA witness list

FAV 18FavorableFWA 2Favorable with amendments

Position	Witness	Organization	Testimony
FAV	Westrick, Saralobbyist	AARP Maryland	Oral + Written (PDF)
FAV	Keyes, Rachael	CASH Campaign of Maryland	Oral
FAV	Muckle, Lonialobbyist	CASH Campaign of Maryland	Written (PDF)
FAV	White, Marcelinelobbyist	Economic Action Maryland	Written (PDF)
FAV	Blacklow, Roger	Legislative Advocacy Committee of Leisure World Democratic Club	Position only
FAV	Lieberman, Jim	Leisure World	Written (PDF)
FAV	Doyle, Robert	MD Federation of NARFE SLC	Written (PDF)
FAV	Enten, Robert	Maryland Bankers Association	Oral
FAV	Richards, Evanlobbyist	Maryland Bankers Association	Written (PDF)
FAV	Hartung, Bruce	Maryland Continuing Care Residents Association	Position only
FAV	Shirley, Zak	Maryland Office of the Attorney General - MFVVU	Written (PDF)
FAV	Peters, Meganlobbyist	Maryland Senior Citizens Action Network (MSCAN)	Written (PDF)
FAV	Kaplowitz, Richard KAP	Year	Written (PDF)
FAV	Bergofsky, Linda	Individual	Written (PDF)
FAV	Boivin, Judith	Individual	Oral + Written (PDF)
FAV	Lang, Alan	Individual	Position only
FAV	Murray, Rorylobbyist	Individual	Oral + Written (PDF)
FAV	Senator Kramer, Senator Kramerlegislator	Individual	Oral
FWA	Dodge, Alison	MD Association for Justice	Written (PDF)
FWA	Kolp, Ande	Individual	Written (PDF)

Organizations on record

AARP MarylandFAV 1

CASH Campaign of MarylandFAV 2

Economic Action MarylandFAV 1

Legislative Advocacy Committee of Leisure World Democratic ClubFAV 1

Leisure WorldFAV 1

Maryland Bankers AssociationFAV 2

Maryland Continuing Care Residents AssociationFAV 1

Maryland Office of the Attorney General - MFVVUFAV 1

Maryland Senior Citizens Action Network (MSCAN)FAV 1

MD Association for JusticeFWA 1

MD Federation of NARFE SLCFAV 1

YearFAV 1

Registered lobbyists who testified

FAVWestrick, SaraAARP MarylandRegistered for: AARP Maryland

FAVMuckle, LoniaCASH Campaign of MarylandRegistered for: CASH Campaign of Maryland

FAVWhite, MarcelineEconomic Action MarylandRegistered for: Maryland Consumer Rights Coalition DBA Economic Action Maryland; Maryland Consumer Rights Coalition

FAVRichards, EvanMaryland Bankers AssociationRegistered for: Maryland Bankers Association

FAVPeters, MeganMaryland Senior Citizens Action Network (MSCAN)Registered for: Alzheimer's Association

FAVMurray, RoryRegistered for: Alliance to Prevent Legionnaire's Disease; American Council of Engineering Companies/MD; Association of Independent Maryland and D.C. Schools; Chesapeake Watershed Restoration Professionals; Kaiser Permanente; Lightstar Renewables…