| MD | SB185 | Pass | Requiring a financial institution that requires a customer to provide an answer to a security question in connection with the provision of an account to allow a customer to choose from at least two security questions options for each required securit...
[Detail][Text][Discuss] | 2021-05-30
Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 410 |
| MD | HB471 | Pass | Requiring a financial institution that requires a customer to provide an answer to a security question in connection with the provision of an account to allow a customer to choose from at least two security questions options for each required securit...
[Detail][Text][Discuss] | 2021-05-30
Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 409 |
| MD | HB829 | Pass | Establishing a Capital Access Program in the Department of Commerce for the purpose of stimulating opportunities for small businesses that may have difficulty in obtaining business financing to have access to credit by establishing a loan loss reserv...
[Detail][Text][Discuss] | 2021-05-30
Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 704 |
| MD | HB1004 | Pass | Altering the process by and circumstances under which a credit union may engage in any additional activity, service, or other practice that is authorized for federal credit unions; requiring a credit union to provide written notice to the Commissione...
[Detail][Text][Discuss] | 2021-05-30
Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 427 |
| MD | HB1213 | Pass | Requiring certain credit grantors to adhere to certain rules concerning evaluations of applications and, under certain circumstances, consider alternative methods of evaluating an applicant's creditworthiness when evaluating an application for a prim...
[Detail][Text][Discuss] | 2021-05-30
Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 426 |
| MD | HB1178 | Pass | Allowing a subtraction modification under the Maryland income tax for contributions to a certain first-time homebuyer savings account during a taxable year and certain earnings on the account; providing that an account holder may claim the subtractio...
[Detail][Text][Discuss] | 2021-05-30
Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 512 |
| MD | SB80 | Pass | Altering the title of the Executive Director of the Maryland Technology Development Corporation to be the Chief Executive Officer of the Corporation; increasing the membership of the Board of the Maryland Technology Development Corporation from 15 to...
[Detail][Text][Discuss] | 2021-05-18
Approved by the Governor - Chapter 196 |
| MD | HB6 | Pass | Altering the title of the Executive Director of the Maryland Technology Development Corporation to be the Chief Executive Officer of the Corporation; increasing the membership of the Board of the Maryland Technology Development Corporation from 15 to...
[Detail][Text][Discuss] | 2021-05-18
Approved by the Governor - Chapter 195 |
| MD | SB609 | Pass | Requiring the Maryland Industrial Development Financing Authority to work to increase the utilization of certain programs and funds to assist minority and women-owned businesses and consider incentives to encourage the use of certain credit insurance...
[Detail][Text][Discuss] | 2021-05-18
Approved by the Governor - Chapter 190 |
| MD | SB933 | Pass | Requiring the Commissioner of Financial Regulation to submit a certain report that analyzes the banking environment in the State to the General Assembly on or before December 31, 2021; and requiring the report to include the number and types of finan...
[Detail][Text][Discuss] | 2021-05-18
Approved by the Governor - Chapter 193 |
| MD | SB219 | Pass | Establishing licensing requirements for certain money transmission locations; altering certain net worth requirements for certain applicants for a license to engage in money transmission; requiring an applicant for a license to engage in money transm...
[Detail][Text][Discuss] | 2021-04-13
Approved by the Governor - Chapter 100 |
| MD | SB281 | Pass | Continuing the office of the Commissioner of Financial Regulation in accordance with the provisions of the Maryland Program Evaluation Act (sunset law) by extending to July 1, 2032, the termination provisions relating to the statutory and regulatory ...
[Detail][Text][Discuss] | 2021-04-13
Approved by the Governor - Chapter 102 |
| MD | SB251 | Pass | Providing for the elimination of certain paper licenses for collection agencies, credit services, lenders, installment lenders, mortgage lenders, mortgage loan originators, sales finance companies, check cashing services, money transmission businesse...
[Detail][Text][Discuss] | 2021-04-13
Approved by the Governor - Chapter 101 |
| MD | HB1351 | Engross
Sine Die | Requiring a campaign finance entity to initiate the transfer of a contribution made through a third-party payment processor from the account of the third-party payment processor to the designated campaign account of the campaign finance entity within...
[Detail][Text][Discuss] | 2021-03-24
To Senate Education Health and Environmental Affairs Committee |
| MD | HB664 | Intro
Sine Die | Prohibiting a person from engaging in the business of making or soliciting a sales-based financing transaction unless the person is licensed by the Commissioner of Financial Regulation; requiring an applicant for a license to have $20,000 in availabl...
[Detail][Text][Discuss] | 2021-03-20
Unfavorable Report by Economic Matters |
| MD | HB41 | Engross
Sine Die | Establishing the Maryland State Bank Task Force; providing for the composition, chair, and staffing of the Task Force; requiring the Task Force to review and evaluate, in a certain manner, the creation of a Maryland State Bank that would support econ...
[Detail][Text][Discuss] | 2021-03-17
To Senate Finance Committee |
| MD | HB772 | Intro
Sine Die | Exempting up to $2,600 in certain accounts of a judgment debtor from execution on the judgment without an election by the debtor to exempt the money; establishing a $6,000 limit on the cumulative value of property and cash that may be exempted; and p...
[Detail][Text][Discuss] | 2021-03-16
Withdrawn by Sponsor |
| MD | HB1113 | Intro
Sine Die | Establishing an Education Savings Account program in the State; stating the purpose of the program; establishing the requirements for participation in the program; requiring a certain deposit into the account of certain students; establishing a proce...
[Detail][Text][Discuss] | 2021-03-11
To House Appropriations Committee |
| MD | HB328 | Intro
Sine Die | Requiring the holder of presumed abandoned property valued at $5,000 or more to send certain written notice to the apparent owner by certified mail, return receipt requested, rather than by first-class mail; requiring the holder of abandoned property...
[Detail][Text][Discuss] | 2021-03-03
Withdrawn by Sponsor |
| MD | HB1065 | Intro
Sine Die | Authorizing a certain issuer receiving a certain housing bond allocation to transfer all or any portion of the housing bond allocation to another issuer for the issuance of housing bonds; requiring the unused balance of the initial housing bond alloc...
[Detail][Text][Discuss] | 2021-03-01
Withdrawn by Sponsor |
| MD | SB772 | Intro
Sine Die | Establishing the Maryland COVID-19 Emergency Loan Program in the Department of Commerce to provide working capital to assist Maryland for-profit small businesses, the operators of which have been disrupted due to COVID-19, and offer interim relief co...
[Detail][Text][Discuss] | 2021-02-19
To Senate Budget and Taxation Committee |
| MD | SB788 | Intro
Sine Die | Establishing a Capital Access Program in the Department of Commerce for the purpose of stimulating opportunities for small businesses that may have difficulty in obtaining business financing to have access to credit by establishing a loan loss reserv...
[Detail][Text][Discuss] | 2021-02-10
To Senate Finance Committee |
| MD | HB1014 | Intro
Sine Die | Establishing the Maryland COVID-19 Emergency Loan Program in the Department of Commerce to provide working capital to assist Maryland for-profit small businesses, the operators of which have been disrupted due to COVID-19, and offer interim relief co...
[Detail][Text][Discuss] | 2021-02-08
To House Ways and Means Committee |
| MD | SB532 | Intro
Sine Die | Prohibiting a person from engaging in the business of making or soliciting a sales-based financing transaction unless the person is licensed by the Commissioner of Financial Regulation; requiring an applicant for a license to have $20,000 in availabl...
[Detail][Text][Discuss] | 2021-01-31
To Senate Finance Committee |
| MD | SB238 | Intro
Sine Die | 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 wh...
[Detail][Text][Discuss] | 2021-01-15
To Senate Finance Committee |
