SB 126 Maryland Senate · 2025 Regular Session

Estates and Trusts - Resignation of Trustee - Notice

SB 126 clarifies that Maryland trustees must provide 30 days' written notice to beneficiaries, the trust creator (if living), other trustees, and anyone who can appoint a successor when resigning. This amendment to Maryland's Trust Act (Section 14.5-705) removes ambiguity about the notice requirement, ensuring clarity for all parties involved. The bill directly affects trustees in Maryland who choose to step down from managing a trust. It takes effect October 1, 2025.

Bill status signed all 5 stages cleared

Introduction

Oct 2024

Committee Review

Mar 2025

Senate Passage

Apr 2025

House of Delegates Passage

Apr 2025

Signed into Law

Apr 2025

Introduced Oct 19, 2024 Signed Apr 22, 2025

Maddy AI version diff · 1 comparison

What changed between versions

First - Estates and Trusts - Resignation of Trustee - Notice → Third - Estates and Trusts - Resignation of Trustee - Notice · 4 edits

MODERATE

This bill adds procedural markings and formatting to the legislative text, including a new 'Committee Report: Favorable' status and 'Senate action: Adopted' notation, while retaining the core provisions allowing trustees to resign with court approval. The substantive legal content regarding trustee resignation requirements remains unchanged.

TECHNICAL

Added committee report status showing favorable recommendation and Senate adoption date

Added explanatory notes about formatting conventions for capital letters, brackets, and underlining

Removed original bill header formatting and page numbering from pre-filed version

Reordered and renumbered sections to reflect adopted version with signature lines for Governor, Senate President, and Speaker of House of Delegates

Floor votes · Senate Feb 18, 2025 · House of Delegates Mar 16, 2025

How they voted

43–0

Passed · 3 other

Total votes 46

Feb 18, 2025

D Democratic33

31 Yea 2

93% Yea

R Republican13

12 Yea 1

92% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 22, 2025

Signed into law

Approved by the Governor - Chapter 229

executive

Apr 2, 2025

Upper · Passed

Returned Passed

upper

Apr 1, 2025

Lower · Passed

Third Reading Passed

lower

Mar 31, 2025

Lower · Passed

Favorable Adopted Second Reading Passed

lower

Mar 31, 2025

Lower · Passed

Favorable Report by Judiciary

lower

Mar 16, 2025

House Of Delegates · Passed

House of Delegates Vote: pass (129-0-10)

house of delegates

Mar 7, 2025

Committee

Referred Judiciary

lower

Mar 6, 2025

Upper · Passed

Third Reading Passed

upper

Mar 4, 2025

Upper · Passed

Favorable Adopted

upper

Mar 3, 2025

Upper · Passed

Favorable Report by Judicial Proceedings

upper

Feb 18, 2025

Senate · Passed

Senate Vote: pass (43-0-3)

senate

Jan 8, 2025

Committee

First Reading Judicial Proceedings

upper

Oct 19, 2024

Introduced

Pre-filed

upper

1 primary · 0 co-sponsors