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§ 14-4104. Appropriations

West's Annotated Code of MarylandCommercial LawEffective: October 1, 2018

West's Annotated Code of Maryland
Commercial Law
Title 14. Miscellaneous Consumer Protection Provisions
Subtitle 41. Financial Consumer Protection (Refs & Annos)
Effective: October 1, 2018
MD Code, Commercial Law, § 14-4104
§ 14-4104. Appropriations
Currentness
Enforcement by the Office
(a)(1) For fiscal year 2020 and each fiscal year thereafter, the Governor shall include an appropriation of at least $700,000 in general funds in the State budget for the Office for the purposes of enforcement of:
(i) Consumer protection laws under this title;
(ii) Consumer protection laws under Title 13 of this article; and
(iii) Financial consumer protection laws.
(2) The Office shall use the funds under paragraph (1) of this subsection for:
(i) Staffing costs associated with hiring new employees; and
(ii) Investigations of alleged violations of consumer protection laws in the State.
Enforcement by the Commissioner
(b)(1) For fiscal year 2020 and each fiscal year thereafter, the Governor shall include an appropriation of at least $300,000 in general funds in the State budget for the Commissioner for the purposes of enforcement of financial consumer protection laws.
(2) The Commissioner shall use the funds under paragraph (1) of this subsection for:
(i) Staffing costs associated with hiring new employees; and
(ii) Investigations of alleged violations of consumer protection laws in the State.

Credits

Added by Acts 2018, c. 731, § 1, eff. Oct. 1, 2018; Acts 2018, c. 732, § 3, eff. Oct. 1, 2018.
MD Code, Commercial Law, § 14-4104, MD COML § 14-4104
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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