Consumer Protection - Electronic Funds Transfers - Regulations (Elder Fraud Prevention Act of 2026)
Hearing 2/10 at 1:00 p.m. (House)
Summary
The bill makes consumer wire transfers that are ancillary to bank‑to‑bank transfers via a wire service subject to the federal Electronic Funds Transfer Act of 1978. It applies to any financial institution operating in Maryland. The goal is to extend existing federal consumer protections to these electronic transactions, helping to safeguard consumers, especially seniors, from fraud.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about HB 152
3 free questions a day, no accountHearings
- Economic Matters — Bill HearingEconomic Matters · Feb 10, 2026
History
- Hearing 2/10 at 1:00 p.m.
- First Reading Economic Matters
- Pre-filed
Sponsors
- Stewart · sponsor
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