Consumer Protection - Consumer Contracts - Prohibited Waivers

HB 103 prohibits consumer contracts from including terms that waive, limit, or disclaim legal rights established by Maryland or federal law, such as shortening the legal time frame to file a lawsuit. It specifically bans clauses that cut short statute of limitations periods or deny enforcement methods available under law, directly affecting consumers and businesses selling goods/services for personal/family use. Violations are classified as unfair trade practices, allowing enforcement actions and civil penalties, while preserving valid arbitration agreements under federal law. The bill excludes certain regulated contracts (e.g., utility services under Maryland Public Service Commission oversight) and applies prospectively from 2026.