MD HB274 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on March 5 2020 - 50% progression, died in committee
Action: 2020-03-06 - Referred Finance
Pending: Senate Finance Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Requiring a financial institution that requires a customer to provide an answer to a security question for a certain purpose to allow a customer to choose from at least two security question options for each required security question; prohibiting a financial institution from using a customer's mother's maiden name as a means of safeguarding access to the customer's account; and applying the Act prospectively.

Tracking Information

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Title

Financial Institutions - Security Questions and Measures

Sponsors


Roll Calls

2020-03-05 - House - Third Reading Passed (Y: 95 N: 43 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2020-03-06SenateReferred Finance
2020-03-05HouseThird Reading Passed (95-43)
2020-03-03HouseSecond Reading Passed with Amendments
2020-03-03HouseFavorable with Amendments {283793/1 Adopted
2020-03-02HouseFavorable with Amendments Report by Economic Matters
2020-01-24HouseHearing 2/26 at 1:00 p.m.
2020-01-20HouseFirst Reading Economic Matters

Same As/Similar To

SB160 (Crossfiled) 2020-01-15 - Hearing 2/04 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Financial Institutions1212(n/a)See Bill Text

Maryland State Sources


Bill Comments

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