Financial Institutions - Consumer Credit - Application of Licensing Requirements
Sponsor: Carl Jackson (District 8)Committee: FinanceSubject: Financial InstitutionsStatus: Approved by the Governor - Chapter 40 (as of Sep 4, 2026)
What this bill does
Official synopsis
Repealing a certain provision of law exempting all persons that acquire or are assigned certain mortgages, mortgage loans, or installment loans under certain circumstances from certain provisions of law governing the licensing of providers of certain financial services in the State.
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Testimony (6)
MGA witness listFAV 6Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Hyland, Kathleen | Maryland Office of Financial Regulation | Oral |
| FAV | Hennen, Amy | Office of Financial Regulation, Maryland Department of Labor | Written (PDF) |
| FAV | Hennen, Amy | Office of Financial Regulation, Maryland Department of Labor | Written (PDF) |
| FAV | Salazar, Antonio | Office of the Commissioner of Financial Regulation | Oral |
| FAV | Senator Jackson, C., Senator Jackson, C.legislator | Individual | Oral |
| FAV | Senator Jackson, Senator Jacksonlegislator | Individual | Oral |