HB1477Maryland2025 sessionIntroduced
Consumer Protection - Consumer Reporting Agencies - Use of Algorithmic Systems
Algorithmic discrimination & biasConsumer protection & disclosureInsurance & financial servicesStudies, task forces & definitions
Plain-language summary
Sets requirements for consumer reporting agencies that use algorithmic systems to assemble or evaluate consumer credit information for reports furnished to third parties. Maryland's Commissioner of Financial Regulation must set assessment thresholds for the algorithms, mandate training for human reviewers, and implement a whistleblower protection program.
Summary generated by AI from the official bill text — may contain errors.
History
Feb 7, 2025
HFirst Reading Economic Matters
Feb 7, 2025
HHearing 3/04 at 1:00 p.m.
Mar 3, 2025
HHearing canceled
Progress
IntroducedFeb 7, 2025
Engrossed
Enrolled
Passed
Signed into law
Sponsors
TH
Rep. Terri Hill (D)Prime sponsor
Sources
Always verify against the official source. Summaries are AI-generated and may contain errors.