2008 Regular Session

HOUSE BILL 852

EMERGENCY BILL File Code: Commercial Law - Credit Regulation Crossfiled with: SENATE BILL 347
Sponsored By:
Delegates Davis, Feldman, Haddaway, Hecht, Impallaria, Jameson, Krysiak, Love, Manno, Mathias, McHale, Miller, Vaughn, Walkup, and Wood
Entitled:
Credit Regulation - Credit Grantor Provisions - Fees, Charges, and Penalties

Synopsis:

Clarifying that specified fees may be collected by a credit grantor at any time; providing that specified penalties do not apply for specified acts or omissions arising from conformity to or reliance on specified opinions, interpretations, or approvals by specified persons under specified circumstances; providing that specified provisions of the Act may not be construed to limit specified penalties or limit specified powers of the Commissioner of Financial Regulation or the courts under specified circumstances; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
2/6
First Reading Economic Matters
Hearing 2/21 at 5:00 p.m.
2/15
Hearing cancelled
Hearing 2/22 at 1:00 p.m.
3/3
Favorable with Amendments Report by Economic Matters
3/4
Favorable with Amendments Report Adopted
Special Order 3/5 (Delegate Schuler) Adopted
3/5
Second Reading Passed with Amendments
3/7
Third Reading Passed (130-0)
3/25
Returned Passed
Senate Action
3/10
First Reading Finance
3/17
Hearing 3/20 at 1:00 p.m.
3/27
Favorable Report by Finance
3/25
Favorable Report Adopted (34-10)
Second Reading Passed
3/26
Third Reading Passed (31-13)
Action after passage in House and Senate
4/8
Approved by the Governor
- Chapter 35

Sponsored by:

Delegate Dereck E. Davis, District 25
Delegate Brian J. Feldman, District 15
Delegate Jeannie Haddaway, District 37B
Delegate Sue Hecht, District 3A
Delegate Rick Impallaria, District 7
Delegate Sally Jameson, District 28
Delegate Carolyn J. Krysiak, District 46
Delegate Mary Ann E. Love, District 32
Delegate Roger P. Manno, District 19
Delegate James N. Mathias, Jr., District 38B
Delegate Brian K. McHale, District 46
Delegate Warren E. Miller, District 9A
Delegate Michael L. Vaughn, District 24
Delegate Mary Roe Walkup, District 36
Delegate John F. Wood, Jr., District 29A

Bill indexed under the following Subjects:

Banks and Trust Companies
Courts -see also- Circuit; Appeals; District; Orphans`; etc.
Credit
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Financial Institutions -see also- Banks; Credit Unions; etc.
Financial Regulation, Division of
Loans -see also- Mortgages
Penalties

Bill affects the following Statutes:

Commercial Law
( 12-905 , 12-918.1 , 12-1005 , 12-1009 , 12-1018.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
House
Number: 793994/01     Offered on: March 4, 2008   at: 10:24 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 7, 2008: Third Reading Passed (130-0)
Senate
March 25, 2008: Favorable Adopted (34-10)
March 26, 2008: Third Reading Passed (31-13)