Bill > HB1106

This bill establishes a new regulatory framework for travel service providers in Maryland, creating a Sellers of Travel Registration Fund and updating requirements for businesses that offer travel services. The bill requires sellers of travel and independent agents to file annually with the Department of Labor, providing proof of professional liability and errors and omissions insurance of at least $1,000,000, and pay a $300 annual filing fee. The legislation creates a special, non-lapsing fund that will be used to cover the department's direct and indirect costs related to regulating travel services. The fund will be administered by the Secretary of Labor or their designee, with all collected fees distributed to this fund, and any investment earnings credited to the state's general fund. The bill also requires the Department of Labor to establish fees based on calculated costs and limits annual fee increases to 12.5%. Additionally, the legislation mandates that the department provide reasonable notice to consumers and sellers of travel about the new requirements and adopt regulations for registering and enforcing rules for travel service providers. The bill will take effect on October 1, 2025, and represents a comprehensive update to Maryland's oversight of travel services to better protect consumers and ensure financial accountability of travel businesses.

Budget and Finance, Business and Industry

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1106?ys=2025RS