H1208
An Act relative to establishing a financial technology task force
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill creates a task force to examine the financial effects of financial technology (fintech) companies and how current banking regulations apply to them. The task force will include members of the General Court and is intended to provide a comprehensive review of the fintech landscape in Massachusetts. The goal is to assess the impact of fintech on the state’s financial system and to recommend potential adjustments to regulations as needed. Ultimately, the task force’s report will inform policymakers about the evolving role of fintech and ensure regulations remain effective and appropriate.
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Primary sponsor
Jr. Bradley H. Jones
Cosponsors
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