HB 1294

Enacted

Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization

Sponsor: C. T. Wilson (District 28)Committee: Economic MattersSubject: Commercial Law - Credit RegulationStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 847 (as of Dec 1, 2025)

What this bill does

Official synopsis

Subjecting certain earned wage access products to the Maryland Consumer Loan Law and other provisions that regulate entities that provide consumer credit; restricting the acceptance of tips by certain lenders under certain circumstances; providing for the licensing or registration of certain entities offering earned wage access products with certain exemptions; regulating earned wage access service agreements; limiting the costs and fees associated with obtaining an earned wage access product; 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 (0)

MGA witness list

FAV 14FavorableFWA 3Favorable with amendmentsUNF 14UnfavorableINFO 5Information only

Position	Witness	Organization	Testimony
FAV	George, Kyle	Activehours, Inc d/b/a EarnIn	Oral + Written (PDF)
FAV	Urisman, Ashleylobbyist	American Fintech Council (AFC)	Oral + Written (PDF)
FAV	Urisman, Ashleylobbyist	American Fintech Council (AFC)	Oral + Written (PDF)
FAV	Rider, Tara	Brigit	Oral + Written (PDF)
FAV	January, Briannalobbyist	Chamber of Progress	Oral + Written (PDF)
FAV	January, Briannalobbyist	Chamber of Progress	Oral + Written (PDF)
FAV	Flores, Claudialobbyist	DailyPay, Inc.	Oral + Written (PDF)
FAV	Flores, Claudialobbyist	DailyPay, Inc.	Oral + Written (PDF)
FAV	LaRocco, Ben	EarnIn	Oral + Written (PDF)
FAV	Mamula, Sarah	Financial Technology Association	Written (PDF)
FAV	Salters, Mark	Payactiv	Oral + Written (PDF)
FAV	Salters, Mark	Payactiv	Oral + Written (PDF)
FAV	Delegate Wilson, Delegate Wilsonlegislator	Individual	Oral
FAV	Delegate Wilson, Delegate Wilsonlegislator	Individual	Oral
UNF	Bresnahan, Tammy	AARP Maryland	Written (PDF)
UNF	Bresnahan, Tammy	AARP Maryland	Written (PDF)
UNF	Keys, Rachael	CASH CAMPAIGN OF MARYLAND	Written (PDF)
UNF	Moore, Tonaeyalobbyist	CASH Campaign of Maryland	Written (PDF)
UNF	Moore, Tonaeyalobbyist	CASH Campaign of Maryland	Oral + Written (PDF)
UNF	Barkley- Denney, Whitney	CRL	Oral + Written (PDF)
UNF	Barkley, Whitney	Center for Responsible Lending	Oral
UNF	Schneiderman, Franzlobbyist	Consumer Auto	Oral + Written (PDF)
UNF	Gallagher, Zoelobbyist	Economic Action Maryland	Written (PDF)
UNF	Meeks, Wilson	Maryland Attorney General's Office, Consumer Protection Division	Oral + Written (PDF)
UNF	Meeks, Wilson	Maryland Attorney General's Office, Consumer Protection Division	Oral + Written (PDF)
UNF	Merkel, Courtland	Maryland Volunteer Lawyers Service (MVLS)	Written (PDF)
UNF	Best, Michael	National Consumer Law Center	Written (PDF)
UNF	Saunders, Lauren	National Consumer Law Center	Written (PDF)
FWA	McGreevy, Greg	Brigit	Oral + Written (PDF)
FWA	Taylor, Zachary	CDIA	Written (PDF)
FWA	Taylor, Zachary	CDIA	Written (PDF)
INFO	Wu, Secretary Portia	Maryland Department of Labor	Written (PDF)
INFO	Hyland, Kathleen	Maryland Office of Financial Regulation	Oral
INFO	Hyland, Kathleen	Maryland Office of Financial Regulation	Oral
INFO	Hennen, Amy	Office of Financial Regulation, Maryland Department of Labor	Written (PDF)
INFO	Salazar, Antonio	Office of the Commissioner of Financial Regulation	Oral