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MD HB267

Bill

Status

Engrossed

3/17/2025

Primary Sponsor

Nick Allen

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • 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

  • Non-V.A. accredited persons are also prohibited from receiving compensation for referring individuals to others for veterans benefits assistance

  • Prohibits anyone from guaranteeing, directly or by implication, that an individual will receive specific veterans benefits or a specific level/percentage/amount of benefits

  • 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

  • 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

Committee Referrals

Finance3/17/2025
Economic Matters1/8/2025

Full Bill Text

No bill text available