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MD HB267
Bill
Status
3/17/2025
Primary Sponsor
Nick Allen
Click for details
AI Summary
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Persons not accredited by the U.S. Department of Veterans Affairs are prohibited from receiving compensation for preparing, presenting, or prosecuting veterans benefits claims, or for advising/assisting individuals with veterans benefits matters
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Non-V.A. accredited persons are also prohibited from receiving compensation for referring individuals to others for veterans benefits assistance
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Prohibits anyone from guaranteeing, directly or by implication, that an individual will receive specific veterans benefits or a specific level/percentage/amount of benefits
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Requires written fee agreements signed by both parties before services are rendered, with fees limited to reasonable amounts as determined under federal regulation 38 C.F.R. § 14.636
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Violations constitute unfair, abusive, or deceptive trade practices under the Maryland Consumer Protection Act, with penalties deposited into the Maryland Veterans Trust Fund; effective October 1, 2025
Legislative Description
Veterans Benefits Matters - Claim Servicers - Prohibitions and Requirements
Disclosure
Last Action
Referred Finance
3/17/2025