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HB 1196

EnactedCrossfile SB 939
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Financial Institutions - Check Cashing Services - Registration and Dissemination of Information

Sponsor: Delegate WashingtonCommittee: Economic MattersSubject: Financial InstitutionsStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 443 (as of Nov 6, 2020)

What this bill does

Official synopsis

Repealing an exemption for certain check cashing services from provisions of law governing the licensure of check cashing services; authorizing a person to provide check cashing services without obtaining a certain license by registering each year with the Commissioner of Financial Regulation; requiring a person to obtain and maintain a certain identifier to register as a check cashing service; requiring a person to provide the Commissioner with certain information to register as a check cashing service; etc.

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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (10)

MGA witness list
FAV 4FavorableFWA 6Favorable with amendments
PositionWitnessOrganizationTestimony
FAVSakamoto-Wengel, SteveConsumer Protection DivisionWritten (PDF)
FAVWhite, MarcelinelobbyistMCRCWritten (PDF)
FAVMcKinney, RobinlobbyistMD CASH CampaignOral + Written (PDF)
FAVDelegate Washington, Delegate WashingtonlegislatorIndividualOral + Written (PDF)
FWAGoldstein, NeilMAFSCOral + Written (PDF)
FWADeutsch, JoelIndividualWritten (PDF)
FWAGoldstein, AlanIndividualWritten (PDF)
FWAMehta, ManishIndividualWritten (PDF)
FWARothenhoefer, JohnIndividualWritten (PDF)
FWASmith, MichaelIndividualWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVWhite, MarcelineMCRCRegistered for: Maryland Consumer Rights Coalition DBA Economic Action Maryland; Maryland Consumer Rights Coalition
FAVMcKinney, RobinMD CASH CampaignRegistered for: CASH Campaign of Maryland