MD SB998 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-02-06 - Hearing 3/06 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-02-06 - Hearing 3/06 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring a certain provider of earned wage access services to register with the Commissioner of Financial Regulation; requiring a provider to file a certain surety bond or an irrevocable letter of credit with the Commissioner in a certain manner; regulating providers and earned wage access services; authorizing a certain consumer to submit a written complaint to the Commissioner under certain circumstances; providing the Commissioner with certain investigatory and enforcement authority; etc.
Title
Commercial Law - Earned Wage Access Services
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-06 | Senate | Hearing 3/06 at 1:00 p.m. |
| 2024-02-02 | Senate | First Reading Finance |
Same As/Similar To
HB1425 (Crossfiled) 2024-02-09 - Hearing 3/05 at 1:00 p.m.
Subjects
Bankruptcy
Bonds
Civil Actions
Civil Offenses
Commerce and Business
Commercial Law - Consumer Protection
Commercial Law - Generally
complaints
Consumer Protection
Contractors
Corporations
Courts
Credit
Cybersecurity
Data
Debt Collection
Disclosure
Electronic Commerce
Electronic Funds Transfer
Fees
Financial Institutions
Financial Regulation, Division of
Fines
Forms
Fraud
Gratuities
Hearings
Interest
Intergovernmental Cooperation
Investigations and Inquiries
Judicial Review
Labor, Department of
Liability
Limited Liability Companies
Loans
Notices
Oaths
Penalties and Sentences
Public Information
Records
Registration
Reports
Residency
Revenue and Taxes
Rules and Regulations
Salaries and Compensation
Subpoenas
Time
Witnesses
Work, Labor, and Employment
Bonds
Civil Actions
Civil Offenses
Commerce and Business
Commercial Law - Consumer Protection
Commercial Law - Generally
complaints
Consumer Protection
Contractors
Corporations
Courts
Credit
Cybersecurity
Data
Debt Collection
Disclosure
Electronic Commerce
Electronic Funds Transfer
Fees
Financial Institutions
Financial Regulation, Division of
Fines
Forms
Fraud
Gratuities
Hearings
Interest
Intergovernmental Cooperation
Investigations and Inquiries
Judicial Review
Labor, Department of
Liability
Limited Liability Companies
Loans
Notices
Oaths
Penalties and Sentences
Public Information
Records
Registration
Reports
Residency
Revenue and Taxes
Rules and Regulations
Salaries and Compensation
Subpoenas
Time
Witnesses
Work, Labor, and Employment
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Commercial Law | 14 | 4601 | (n/a) | See Bill Text |
| Commercial Law | 14 | 4602 | (n/a) | See Bill Text |
| Commercial Law | 14 | 4603 | (n/a) | See Bill Text |
| Commercial Law | 14 | 4604 | (n/a) | See Bill Text |
| Commercial Law | 14 | 4605 | (n/a) | See Bill Text |
| Commercial Law | 14 | 4606 | (n/a) | See Bill Text |
| Commercial Law | 14 | 4607 | (n/a) | See Bill Text |
| Commercial Law | 14 | 4608 | (n/a) | See Bill Text |
| Commercial Law | 14 | 4609 | (n/a) | See Bill Text |
| Commercial Law | 14 | 4610 | (n/a) | See Bill Text |
| Commercial Law | 14 | 4611 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0998?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/sb/sb0998f.pdf |
