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Legislation


2004 Regular Session

HOUSE BILL 1537

File Code: Commercial Law - Consumer Protection
Sponsored By:
Delegates Carter, C. Davis, Haynes, Montgomery, Paige, Ross, and V. Turner
Entitled:
Task Force to Study Subprime Lending

Synopsis:

Establishing a Task Force to Study Subprime Lending; providing for the membership of the Task Force; requiring the Governor to designate the chairman of the Task Force; providing that members of the Task Force may not receive compensation but are entitled to specified reimbursement; requiring the Task Force to study specified issues and make recommendations; requiring the Task Force to report its findings and recommendations to the Governor and the General Assembly on or before June 30, 2005; and providing for the termination of the Act.

History by Legislative Date

House Action
3/11
First Reading House Rules and Executive Nominations
Motion Rules Suspended for late introduction (Delegate Carter) Adopted (133-0)
Referred House Rules and Executive Nominations
3/15
Re-referred Economic Matters
3/17
Hearing 3/25 at 1:00 p.m.
4/7
Unfavorable Report by Economic Matters
Senate Action
No Action
Sponsored by:
Delegate Jill P. Carter, District 41
Delegate Clarence Davis, District 45
Delegate Keith E. Haynes, District 44
Delegate Karen S. Montgomery, District 14
Delegate Jeffrey A. Paige, District 44
Delegate Justin D. Ross, District 22
Delegate Veronica Turner, District 26
Bill indexed under the following Subjects:
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CREDIT
LOANS -see also- MORTGAGES
REPORTS
SUNSET

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Vote (Legislative date is shown):
House
March 11, 2004: Motion Rules Suspended for late introduction (Carter) Adopted (133-0)
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