Legislation

Title: Financial Institutions - Check Cashing Services - Registration and Dissemination of Information
Sponsored by: Senator Hayes
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 444
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Repealing an exemption for certain check cashing services from certain 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 under certain circumstances; requiring a person to obtain and maintain a certain identifier, and to provide the Commissioner with certain information to register as a check cashing service; etc.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Economic Matters

Committee Testimony

Witness List

Details

Cross-filed with: HB1196

Bill File Type: Regular

Effective Date(s): July 1, 2020, October 1, 2020

History

Legislation History
Chamber Senate Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions - Check Cashing Services - Registration and Dissemination of Information Proceedings
Chamber Senate Calendar Date 2/07/2020 Legislative Date 2/07/2020 Action Hearing 3/03 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2020 Legislative Date 3/14/2020 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 3/14/2020 Legislative Date 3/09/2020 Action Favorable with Amendments {487573/1 Adopted Proceedings 48 Click to view Recorded Media
Chamber Senate Calendar Date 3/14/2020 Legislative Date 3/09/2020 Action Second Reading Passed with Amendments Proceedings 48 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Financial Institutions - Check Cashing Services - Registration and Dissemination of Information Proceedings
Chamber Senate Calendar Date 3/15/2020 Legislative Date 3/10/2020 Action Third Reading Passed (43-0) Proceedings 49 Click to view Recorded Media
Chamber House Calendar Date 3/16/2020 Legislative Date 3/12/2020 Action Referred Economic Matters Proceedings 49AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/18/2020 Legislative Date 3/18/2020 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/18/2020 Legislative Date 3/16/2020 Action Favorable Adopted Second Reading Passed Proceedings 53 Click to view Recorded Media
Chamber House Calendar Date 3/18/2020 Legislative Date 3/16/2020 Action Motion Rules Suspend Two Readings Same Day (Delegate Luedtke) Adopted (125-1) Proceedings 53 Click to view Recorded Media
Chamber House Calendar Date 3/18/2020 Legislative Date 3/16/2020 Action Third Reading Passed (129-2) Proceedings 53 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/08/2020 Legislative Date 5/08/2020 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 444 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Financial Institutions - Check Cashing Services - Registration and Dissemination of Information Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/03/2020	2/03/2020	First Reading Finance
			Text - First - Financial Institutions - Check Cashing Services - Registration and Dissemination of Information
Senate	2/07/2020	2/07/2020	Hearing 3/03 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/14/2020	3/14/2020	Favorable with Amendments Report by Finance
Senate	3/14/2020	3/09/2020	Favorable with Amendments {487573/1 Adopted	48 Click to view Recorded Media
Senate	3/14/2020	3/09/2020	Second Reading Passed with Amendments	48 Click to view Recorded Media
			Text - Third - Financial Institutions - Check Cashing Services - Registration and Dissemination of Information
Senate	3/15/2020	3/10/2020	Third Reading Passed (43-0)	49 Click to view Recorded Media
House	3/16/2020	3/12/2020	Referred Economic Matters	49AClick to view Recorded Media
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/18/2020	3/18/2020	Favorable Report by Economic Matters
House	3/18/2020	3/16/2020	Favorable Adopted Second Reading Passed	53 Click to view Recorded Media
House	3/18/2020	3/16/2020	Motion Rules Suspend Two Readings Same Day (Delegate Luedtke) Adopted (125-1)	53 Click to view Recorded Media
House	3/18/2020	3/16/2020	Third Reading Passed (129-2)	53 Click to view Recorded Media
Post Passage	5/08/2020	5/08/2020	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 444
			Text - Chapter - Financial Institutions - Check Cashing Services - Registration and Dissemination of Information

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