Maryland House Bill 1400 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 11-3)
Status: Introduced on February 10 2017 - 25% progression, died in chamber
Action: 2017-03-17 - Unfavorable Report by Economic Matters; Withdrawn
Text: Latest bill text (Introduced) [PDF]

Prohibiting a specified services agreement between a credit card processor and a business entity from including a specified provision authorizing liquidated damages or specifying a fee for the termination of a services agreement that exceeds $99; prohibiting a credit card processor who has received a specified termination notice from debiting or accessing the bank account of a specified business entity after a specified period of time; authorizing the Commissioner of Financial Regulation to take specified actions; etc.

Commercial Law - Credit Card Processors - Service Agreements

Del. Seth Howard [R]	Del. Ned Carey [D]	Del. Jerry Clark [R]	Del. Mark Fisher [R]
Del. Richard Impallaria [R]	Del. Jay Jacobs [R]	Del. Mary Ann Lisanti [D]	Del. Michael Malone [R]
Sen. Johnny Mautz [R]	Del. Tony McConkey [R]	Del. Warren Miller [R]	Del. Sid Saab [R]
Del. Meagan Simonaire [R]	Del. Theodore Sophocleus [D]

Date	Chamber	Action
2017-03-17	House	Unfavorable Report by Economic Matters; Withdrawn
2017-03-10	House	Hearing 3/10 at 1:00 p.m.
2017-02-10	House	First Reading Economic Matters

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1400?ys=2017rs
Text	https://mgaleg.maryland.gov/2017RS/bills/hb/hb1400f.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/fnotes/bil_0000/hb1400.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/votes_comm/hb1400_ecm.pdf