2000 Regular Session

SENATE BILL 830

File Code: Financial Institutions Crossfiled with: HOUSE BILL 727
Sponsored By:
Senators Sfikas, Dorman, Conway, Pinsky, Hughes, Teitelbaum, and Della
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 to the Division of Financial Regulation funding for the positions necessary to implement the Act; etc.

History by Legislative Date

Senate Action
2/18
First Reading Senate Rules
2/25
Re-referred Finance
Hearing 3/15 at 1:00 p.m.
3/27
Favorable with Amendments Report by Finance
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/29
Third Reading Passed (47-0)
4/5
Senate Concur - House Amendments
Third Reading Passed (45-0)
Passed Enrolled
5/19
Governor vetoed - Cross-filed bill was signed
House Action
3/28
First Reading Commerce and Government Matters
3/31
Hearing 4/4 at 1:00 p.m.
4/6
Favorable with Amendments Report by Commerce and Government Matters
4/1
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/3
Third Reading Passed with Amendments (137-0)
Sponsored by:
Senator Perry Sfikas, District 46
Senator Joan Carter Conway, District 43
Senator George W. Della, Jr., District 47
Senator Arthur Dorman, District 21
Senator Ralph M. Hughes, District 40
Senator Paul G. Pinsky, District 22
Senator Leonard H. Teitelbaum, District 19
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:
Senate
Number: 737774/1 (PDF)     Offered on: March 27, 2000   at: 10:18 p.m.     Status: Adopted
House
Number: 366386/1 (PDF)     Offered on: April 6, 2000   at: 11:16 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 29, 2000: Third Reading Passed (47-0)
April 5, 2000: Third Reading Passed (45-0)
House
April 3, 2000: Third Reading Passed (137-0)