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SB 252

EnactedCrossfile HB 804
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Commissioner of Financial Regulation - Enhanced Consumer Protections and Enforcement Tools

Sponsor: Senator KelleyCommittee: FinanceSubject: Financial InstitutionsStatus: Approved by the Governor - Chapter 107 (as of Nov 15, 2022)

What this bill does

Official synopsis

Prohibiting a regulated person from performing acts that are anticompetitive, unfair, deceptive, abusive, or injurious to the public interest; authorizing the Commissioner of Financial Regulation to issue orders requiring the correction of a violation of law subject to the jurisdiction of the Commissioner, including the restitution of money or property; and providing for certain information sharing by the Commissioner involving entities engaging in activity over which the Commissioner has jurisdiction.

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Testimony (4)

MGA witness list
FAV 3FavorableUNF 1Unfavorable
PositionWitnessOrganizationTestimony
FAVKelley, DeloresMd. General AssemblyWritten (PDF)
FAVSalazar, AntonioOffice of the Commissioner of Financial RegulationOral
FAVSenator Kelley, Senator KelleylegislatorIndividualOral
UNFRobinson, PhillipConsumer Law Center LLCOral + Written (PDF)

Organizations on record