Legislation
- Title
- Financial Institutions - Check Cashing Services - Licensing
- Sponsored by
- Delegates Washington, Barron, Bridges, Fennell, W. Fisher, and Glenn
- Status
- In the House - Unfavorable Report by Economic Matters
- Analysis
- Fiscal and Policy Note
Synopsis
Repealing an exemption for certain check cashing services from the requirement to be licensed; increasing the license fee for a check cashing service; providing for the payment of the fee into certain funds; establishing the Financial Awareness Fund as a special, nonlapsing fund; providing for the administration of the Fund; specifying the contents of the Fund; requiring a certain licensee to post a certain notice; etc.
Committees
- Original:
- Economic Matters Click to view Recorded Media
Details
Bill File Type: Regular
Effective Date(s): October 1, 2019
History
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File Code
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Subjects
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Statutes
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(
11-610, 12-102, 12-105, 12-108, 12-108.1, 12-118 )
Last Updated: 2/3/2020 2:31 PM