Business Regulation - Maryland Franchise Registration and Disclosure Law - Alterations (Franchise Reform Act)

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The Franchise Reform Act changes the time limits the Securities Commissioner can enforce franchise‑sale rules, updates the statute of limitations for franchise liability actions, and bars franchisors from restricting franchisee groups. It also requires exemption net‑equity amounts to be indexed to the CPI, imposes a $250 exemption filing fee, and creates a pilot program to speed up review of franchise disclosure documents. The changes target greater transparency and protection for franchisees while streamlining regulatory review.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Hearings

• Economic Matters — Bill Hearing
  Economic Matters · Feb 25, 2026

History

1. May 12, 2026Approved by the Governor - Chapter 413
2. Apr 13, 2026Third Reading Passed
3. Apr 13, 2026Returned Passed
4. Apr 9, 2026Second Reading Passed
5. Apr 9, 2026Favorable Report by Finance
6. Apr 9, 2026Favorable Adopted
7. Mar 23, 2026Referred Finance
8. Mar 20, 2026Third Reading Passed
9. Mar 19, 2026Second Reading Passed with Amendments
10. Mar 19, 2026Favorable with Amendments Report by Economic Matters
11. Mar 19, 2026Favorable with Amendments {
12. Feb 3, 2026Hearing 2/25 at 1:00 p.m.

The 12 most recent of 13 recorded actions.

Sponsors

• Korman · sponsor

Bill text

Opens the legislature’s own copy.

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