2012 Regular Session

HOUSE BILL 786

File Code: Financial Institutions Crossfiled with: SENATE BILL 1053
Sponsored By:
Delegates Olszewski, Frick, Arora, and Clagett
Entitled:
Financial Institutions - Credit Unions and Depository Institutions - Authority to Conduct Savings Promotion Raffles

Synopsis:

Repealing a contingency on provisions of law that authorize specified depository institutions and credit unions to conduct savings promotion raffles; altering the circumstances under which depository institutions may conduct savings promotion raffles; requiring a depository institution or credit union offering a savings promotion raffle to post and disclose in specified materials a statement describing the terms and conditions of the raffle; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
House Action
2/9
First Reading Economic Matters
2/13
Hearing 3/13 at 1:00 p.m.
3/21

Favorable with Amendments Report by Economic Matters
3/18
Favorable with Amendments {873990/1 Report Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (136-0)
4/1
Returned Passed
Senate Action
3/22
First Reading Finance
3/27
Hearing 3/28 at 1:00 p.m.
4/3
Favorable Report by Finance
3/28
Favorable Report Adopted
Second Reading Passed
3/30
Third Reading Passed (46-0)
Action after passage in House and Senate
5/2
Approved by the Governor
- Chapter 393

Sponsored by:

Delegate John A. Olszewski, Jr., District 6
Delegate Sam Arora, District 19
Delegate Galen R. Clagett, District 3A
Delegate C. William Frick, District 16

Bill indexed under the following Subjects:

Advertising
Banks and Trust Companies
Credit Unions
Disclosure
Federal Government
Financial Institutions -see also- Banks; Credit Unions; etc.
Financial Regulation, Division of
Notices
Raffles
Savings and Loan Associations

Bill affects the following Statutes:

Commercial Law
( 13-305 )
Criminal Law
( 12-106 )
Financial Institutions
( 1-211 , 6-716 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
House
Number: 873990/01     Offered on: March 21, 2012   at: 11:48 a.m.     Status: Adopted
Committee Votes :
House
Economic Matters
Senate
Finance
Roll Call Votes (Legislative dates are shown):
House
March 20, 2012: Third Reading Passed (136-0)
Senate
March 30, 2012: Third Reading Passed (46-0)