# Maryland SB 0659: Consumer Protection - Electronic Funds Transfers - Regulations (Elder Fraud Prevention Act of 2025)

Maryland SB 0659, Consumer Protection - Electronic Funds Transfers - Regulations (Elder Fraud Prevention Act of 2025), is a 2025 Regular Session Senate bill sponsored by Justin Ready (Republican); status failed, last action 2025-02-01 (Hearing 2/20 at 1:00 p.m.) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/MD-SB0659-2025RS
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland SB 0659
- State: Maryland
- Session: 2025 Regular Session
- Title: Consumer Protection - Electronic Funds Transfers - Regulations (Elder Fraud Prevention Act of 2025)
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-29
- Last action: 2025-02-01, Hearing 2/20 at 1:00 p.m.
- Sponsor: Justin Ready (Republican)
- Cosponsors: 7
- Subjects: Commercial Law - Generally, Commercial Law - Consumer Protection, Consumer Protection, Electronic Commerce -see also- Electronic Funds Transfer, Electronic Funds Transfer, Financial Institutions -see also- Banks; Credit Unions; etc., Financial Regulation, Division of, Rules and Regulations
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Justin Ready (Republican), Senate
- Cosponsor: Benjamin Brooks (Democratic), Senate
- Cosponsor: Mary Beth Carozza (Republican), Senate
- Cosponsor: Dawn Gile (Democratic), Senate
- Cosponsor: Katie Fry Hester (Democratic), Senate
- Cosponsor: Jim Rosapepe (Democratic), Senate
- Cosponsor: Johnny Ray Salling (Republican), Senate
- Cosponsor: Chris West (Republican), Senate

## Actions (2)

- 2025-02-01: Hearing 2/20 at 1:00 p.m. (Senate)
- 2025-01-29: First Reading Finance (Senate)

## Bill text

- First Reading, 2025-01-29: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0659f.pdf)

## Related bills

- SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions (vetoed)
- HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination Review Process (vetoed)
- HB 0384: Maryland Disability Service Animal Program - Established (vetoed)
- SB 0157: Maryland Disability Service Animal Program - Established (vetoed)
- HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization (became law)
- HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard (signed)

## Sources
- [First Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0659f.pdf)

## Related
- [SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions](https://policyrisk.com/state-bill/MD-SB0227-2025RS)
- [HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination…](https://policyrisk.com/state-bill/MD-HB0482-2025RS)
- [HB 0384: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-HB0384-2025RS)
- [SB 0157: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-SB0157-2025RS)
- [HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization](https://policyrisk.com/state-bill/MD-HB1294-2025RS)
- [HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard](https://policyrisk.com/state-bill/MD-HB0228-2025RS)
- [Maryland bills](https://policyrisk.com/states/maryland/bills)
- [Maryland state hub](https://policyrisk.com/states/maryland)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/MD-SB0659-2025RS (as of 2026-10-17).