Innovative Financial Product or Service Certification Program
Sponsor: Marlon Amprey (District 40)Committee: Economic MattersSubject: Financial InstitutionsStatus: Hearing 3/04 at 1:00 p.m. (as of Dec 1, 2025)
What this bill does
Official synopsis
Establishing the Innovative Financial Product or Service Certification Program to be administered by the Commissioner of Financial Regulation; requiring the Commissioner to issue a certification under the Program to a qualifying peer-to-peer lending service; and exempting a person who holds a certification under the Program from certain laws relating to lending and the licensure of lenders and collection agencies.
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Testimony (0)
MGA witness listFAV 3FavorableUNF 5UnfavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Freshwater, Richard | SoLo Funds, Inc. | Oral |
| FAV | Amprey, Marlon | Individual | Written (PDF) |
| FAV | Delegate Amprey, Delegate Ampreylegislator | Individual | Oral |
| UNF | Bresnahan, Tammy | AARP Maryland | Written (PDF) |
| UNF | Moore, Tonaeyalobbyist | CASH Campaign of Maryland | Written (PDF) |
| UNF | White, Marcelinelobbyist | Economic Action Maryland | Oral + Written (PDF) |
| UNF | Meeks, Wilson | Maryland Attorney General's Office, Consumer Protection Division | Written (PDF) |
| UNF | Best, Michael | National Consumer Law Center | Written (PDF) |
| INFO | Hennen, Amy | Office of Financial Regulation, Maryland Department of Labor | Written (PDF) |
Organizations on record
Registered lobbyists who testified
UNFWhite, MarcelineEconomic Action MarylandRegistered for: Maryland Consumer Rights Coalition DBA Economic Action Maryland; Maryland Consumer Rights Coalition