Maryland Senate Bill 238

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 13 2021 - 25% progression
Action: 2021-01-15 - Hearing 2/09 at 1:00 p.m.
Pending: Senate Finance Committee
Hearing: Feb 9 @ 1:00 pm Senate Finance Hearing
Text: Latest bill text (Introduced) [PDF]

Prohibiting a consumer from being held liable for unauthorized debit transactions if the consumer notifies the banking institution within 90 days after receiving a periodic statement; requiring a banking institution to extend the time frame within which a consumer has to make a notification in cases of hospitalization, extended travel or if the Governor has declared a state of emergency; requiring a periodic bank statement, whether mailed or emailed, to display a certain message regarding unauthorized account transactions; etc.

Consumer Protection - Banking Institutions - Unauthorized Debit Transactions (Consumer Bank Deposits Protection Act)

Sen. Benjamin Kramer [D]

Date	Chamber	Action
2021-01-15	Senate	Hearing 2/09 at 1:00 p.m.
2021-01-13	Senate	First Reading Finance
2020-10-29	Senate	Pre-filed

Chapter	Article	Section	Citation Type	Statute Text
Commercial Law	13	301	(n/a)	See Bill Text
Commercial Law	14	4301	(n/a)	See Bill Text
Commercial Law	14	4302	(n/a)	See Bill Text
Commercial Law	14	4303	(n/a)	See Bill Text
Commercial Law	14	4304	(n/a)	See Bill Text
Commercial Law	14	4305	(n/a)	See Bill Text
Commercial Law	14	4306	(n/a)	See Bill Text
Commercial Law	14	4307	(n/a)	See Bill Text
Financial Institutions	1	212	(n/a)	See Bill Text

Type	Source
Summary	http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0238?ys=2021RS
Text	http://mgaleg.maryland.gov/2021RS/bills/sb/sb0238f.pdf