(a) In this subtitle the following words have the meanings indicated. (b) “Commissioner” means the Commissioner of Financial Regulation in the Maryland Department of Labor. (c) “Office” means the Office of the Attorney General.
The purpose of this subtitle is to support vigorous enforcement by and funding of the Office and the Commissioner to protect the State’s residents when conducting financial transactions and receiving financial services.
Whenever the Office and the Commissioner consider it appropriate, the Office and the Commissioner shall use their authority under § 1042 of the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 to bring civil actions or other appropriate proceedings authorized under the Act.
(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. […]
