summary
Introduced
02/02/2024
02/02/2024
In Committee
02/02/2024
02/02/2024
Crossed Over
Passed
Dead
04/08/2024
04/08/2024
Introduced Session
2024 Regular Session
Bill Summary
Requiring a person who makes an automatic renewal offer to consumers to allow a consumer to cancel the automatic renewal in a certain manner; requiring automatic renewal offers to be displayed in a certain manner and contain certain information; and establishing that a violation of the Act is an unfair, abusive, or deceptive trade practice.
AI Summary
This bill aims to protect consumers from unfair automatic renewal practices. It requires companies offering automatic renewals to: 1) clearly disclose the terms of the renewal, including the price and any changes, before the consumer agrees; 2) provide easy-to-use methods for the consumer to cancel the automatic renewal; and 3) provide clear notice before the renewal takes effect, including the renewal details and cancellation options. Violations of these requirements are considered unfair, abusive, or deceptive trade practices under Maryland's consumer protection laws. The bill will take effect on October 1, 2024.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Senate Finance Hearing (13:00:00 3/13/2024 ) (on 03/13/2024)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB1040?ys=2024RS |
| BillText | https://mgaleg.maryland.gov/2024RS/bills/sb/sb1040f.pdf |
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