2000 Regular Session

HOUSE BILL 727

CHAPTER NUMBER: 633 File Code: Financial Institutions Crossfiled with: SENATE BILL 830
Sponsored By:
Delegates McIntosh, Wood, Krysiak, Bobo, Rosenberg, Sophocleus, Dypski, DeCarlo, Malone, Benson, Paige, Bronrott, Mandel, Riley, Swain, Clagett, Dobson, Arnick, Brinkley, Glassman, Kittleman, Parrott, Shank, and Snodgrass
Entitled:
Commissioner of Financial Regulation - Investigative and Enforcement Powers

Synopsis:

Authorizing the Commissioner of Financial Regulation to make investigations to determine whether a person has violated a provision of law, regulation, rule, or order over which the Commissioner has jurisdiction; authorizing the Commissioner to administer oaths, subpoena witnesses, and require the production of documents for an investigation; requiring the Governor to appropriate in the State budget to the Division of Financial Regulation funding for the positions necessary to implement the Act; etc.

History by Legislative Date

House Action
2/10
First Reading Commerce and Government Matters
2/15
Hearing 2/23 at 1:00 p.m.
3/21
Favorable with Amendments Report by Commerce and Government Matters
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/23
Third Reading Passed (133-0)
4/2
House Concur - Senate Amendments
Third Reading Passed (134-0)
Passed Enrolled
5/18
Signed by the Governor Chapter 633
Senate Action
3/24
First Reading Finance
Hearing 3/30 at 1:00 p.m.
4/3
Favorable with Amendments Report by Finance
4/2
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/3
Third Reading Passed with Amendments (45-0)
Sponsored by:
Delegate Maggie L. McIntosh, District 42
Delegate John S. Arnick, District 7
Delegate Joanne C. Benson, District 24
Delegate Elizabeth Bobo, District 12B
Delegate David R. Brinkley, District 4A
Delegate William A. Bronrott, District 16
Delegate Virginia P. Clagett, District 30
Delegate Diane DeCarlo, District 6
Delegate Michael V. Dobson, District 43
Delegate Cornell N. Dypski, District 46
Delegate Barry Glassman, District 35A
Delegate Robert H. Kittleman, District 14B
Delegate Carolyn J. Krysiak, District 46
Delegate James E. Malone, Jr., District 12A
Delegate Adrienne A. Mandel, District 19
Delegate Jeffrey A. Paige, District 44
Delegate Joanne S. Parrott, District 35A
Delegate B. Daniel Riley, District 34
Delegate Samuel I. Rosenberg, District 42
Delegate Christopher B. Shank, District 2B
Delegate Louise V. Snodgrass, District 3
Delegate Theodore Sophocleus, District 32
Delegate Darren M. Swain, District 24
Delegate John F. Wood, Jr., District 29A
Bill indexed under the following Subjects:
APPROPRIATIONS
CIRCUIT COURTS
CIVIL ACTIONS -see also- SMALL CLAIMS
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
HEARINGS
INVESTIGATIONS AND INQUIRIES -see also- CRIM BCKGRND INVEST.
LABOR, LICENSING, AND REGULATION, DEPARTMENT OF
LAW ENFORCEMENT -see also- STATE POLICE, DEPARTMENT OF
LOANS -see also- MORTGAGES
NOTICES
PENALTIES
PUBLIC OFFICIALS -see also- ATTY GEN; COMP; CO ADMIN; etc
SUBPOENAS
Bill affects the following Statutes:
Financial Institutions
( 2-113 , 2-114 , 2-115 , 2-116 , 11-215 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 746582/1 (PDF)     Offered on: March 21, 2000   at: 10:44 a.m.     Status: Adopted
Senate
Number: 757277/1 (PDF)     Offered on: April 3, 2000   at: 10:33 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 23, 2000: Third Reading Passed (133-0)
April 2, 2000: Third Reading Passed (134-0)
Senate
April 3, 2000: Third Reading Passed (45-0)