2025 Regular SessionMaryland Legislature

HB332: Consumer Protection – Electronic Funds Transfers – Regulations (Elder Fraud Prevention Act of 2025)

Legislative Summary

Providing that consumer wire transfers involving electronic fund transfers made ancillary to bank-to-bank transfers via a wire service are subject to certain provisions of the federal Electronic Funds Transfer Act of 1978.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

1/10/2025
First Reading Economic Matters
House of Delegates
1/16/2025
Hearing 1/28 at 1:00 p.m.
House of Delegates
3/15/2025
Favorable with Amendments Report by Economic Matters
House of Delegates
3/15/2025
Favorable with Amendments {433128/1 Adopted
House of Delegates
3/15/2025
Second Reading Passed with Amendments
House of Delegates
3/17/2025
Third Reading Passed (112-27)
House of Delegates
3/17/2025
Referred Finance
Senate

Amendments

Favorable with Amendments 433128/1 Adopted

Favorable with Amendments 433128/1 Adopted

3/15/2025Adopted

Roll Call Votes

Third Reading Passed
3/17/2025
112
Yea
27
Nay
0
Not Voting
2
Absent
Result: PASSED

Status Information

Current Status
Engrossed(3/17/2025)
Chamber
Senate
Committee
Finance(Senate)

Sponsors

Democrat: 1
Republican: 1

Primary Sponsor

Vaughn Stewart
Vaughn Stewart
Democrat

Documents

Engrossed
Bill Text3/15/202590.1 KB
Introduced
Bill Text1/10/202581.7 KB
Vote Image
Vote Image1/1/197038.9 KB