Legislation

Title: Financial Institutions - Security Questions and Measures
Sponsored by: Senators Kagan and Reilly
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 410
Analysis: Fiscal and Policy Note

Synopsis

Requiring a financial institution that requires a customer to provide an answer to a security question in connection with the provision of an account to allow a customer to choose from at least two security questions options for each required security question; and applying the Act prospectively.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Economic Matters

Committee Testimony

Witness List

Details

Cross-filed with: HB0471

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2021

History

Legislation History
Chamber Senate Calendar Date 8/04/2020 Legislative Date 8/04/2020 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/13/2021 Legislative Date 1/13/2021 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions - Security Questions and Measures Proceedings
Chamber Senate Calendar Date 1/15/2021 Legislative Date 1/15/2021 Action Hearing 2/09 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 2/26/2021 Legislative Date 2/26/2021 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 2/26/2021 Legislative Date 2/16/2021 Action Favorable Adopted Proceedings 17 Click to view Recorded Media
Chamber Senate Calendar Date 2/26/2021 Legislative Date 2/16/2021 Action Second Reading Passed Proceedings 17 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Financial Institutions - Security Questions and Measures Proceedings
Chamber Senate Calendar Date 3/02/2021 Legislative Date 2/17/2021 Action Third Reading Passed (46-0) Proceedings 18AClick to view Recorded Media
Chamber House Calendar Date 3/03/2021 Legislative Date 2/27/2021 Action Referred Economic Matters Proceedings 18 Click 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 3/28/2021 Legislative Date 3/28/2021 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/30/2021 Legislative Date 3/14/2021 Action Favorable Adopted Second Reading Passed Proceedings 33 Click to view Recorded Media
Chamber House Calendar Date 3/30/2021 Legislative Date 3/15/2021 Action Third Reading Passed (105-30) Proceedings 34 Click to view Recorded Media
Chamber Senate Calendar Date 3/31/2021 Legislative Date 3/10/2021 Action Returned Passed Proceedings 37 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/30/2021 Legislative Date 5/30/2021 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 410 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Financial Institutions - Security Questions and Measures Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	8/04/2020	8/04/2020	Pre-filed
Senate	1/13/2021	1/13/2021	First Reading Finance
			Text - First - Financial Institutions - Security Questions and Measures
Senate	1/15/2021	1/15/2021	Hearing 2/09 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/26/2021	2/26/2021	Favorable Report by Finance
Senate	2/26/2021	2/16/2021	Favorable Adopted	17 Click to view Recorded Media
Senate	2/26/2021	2/16/2021	Second Reading Passed	17 Click to view Recorded Media
			Text - Third - Financial Institutions - Security Questions and Measures
Senate	3/02/2021	2/17/2021	Third Reading Passed (46-0)	18AClick to view Recorded Media
House	3/03/2021	2/27/2021	Referred Economic Matters	18 Click to view Recorded Media
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/28/2021	3/28/2021	Favorable Report by Economic Matters
House	3/30/2021	3/14/2021	Favorable Adopted Second Reading Passed	33 Click to view Recorded Media
House	3/30/2021	3/15/2021	Third Reading Passed (105-30)	34 Click to view Recorded Media
Senate	3/31/2021	3/10/2021	Returned Passed	37 Click to view Recorded Media
Post Passage	5/30/2021	5/30/2021	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 410
			Text - Chapter - Financial Institutions - Security Questions and Measures

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