A bill to establish a statewide financial education curriculum in Maryland public high schools was approved by the Senate and now moves to the House for consideration. A bill opposed by the Association, that would have increased the amount of wages exempt from attachments of a judgment debtor, was killed. The Association continues to push for an amendment to the Financial Consumer Protection Act that calls for a study to look at the cost of data breaches to financial institutions and who should be held accountable.
The D.C. Council is considering a bill to update the District's data breach and privacy laws. The legislation would require all businesses to take reasonable steps to protect consumers' data and ensure violations would be subject to the penalty provisions of D.C.'s Consumer Protection Procedures Act.
Here's the political roundup:
- According to a recent GOP poll, Republican Gov. Larry Hogan would win a second term in a matchup against either of two leading Democrats, if the November general election were held today. According to the poll, Hogan would take more than 50 percent of the vote in a hypothetical race against either Prince George's County Executive Rushern Baker or Baltimore County Executive Kevin Kamenetz.
- The House approved a resolution calling for a national convention to amend the U.S. Constitution in a way that limits the influence of corporate money in politics. Supporters want to reverse the effects of the Supreme Court's Citizens United decision that lifted limits on corporate spending in elections. The Maryland Senate is considering a similar resolution but has not voted on it. Two-thirds of the states must adopt a call for a constitutional convention in order for such a gathering to take place.
D.C. Council Chairman Phil Mendelson has pulled ahead of his primary opponent after a slow start in fundraising. With three months to go until the primary, t
he 19-year incumbent has $229,000 on hand to Ed Lazere's $79,000
Have a wonderful week!