2008 Regular Session

HOUSE BILL 947

File Code: Commercial Law - Credit Regulation Prior Year Introduction As: SB 367/07 Crossfiled with: SENATE BILL 646
Sponsored By:
Delegates Feldman, Burns, Haddaway, Impallaria, Jameson, Kirk, Krysiak, Love, Manno, Mathias, Miller, Minnick, Rudolph, Stifler, Vaughn, Walkup, and Wood
Entitled:
Credit Regulation - Debt Management Services

Synopsis:

Authorizing a person that is not a nonprofit organization to provide debt management services in the State; requiring a person that is licensed to provide debt management services to provide a specified notice to a consumer and to make a determination, before providing debt management services for a consumer, that the debt management services are suitable for the consumer and that the consumer will be able to meet the obligations of the debt management services agreement; 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
2/7
First Reading Economic Matters
2/13
Hearing 3/11 at 1:00 p.m.
4/3
Favorable with Amendments Report by Economic Matters
3/28
Favorable with Amendments Report Adopted
Special Order 4/4 (Delegate Bobo) Adopted
3/29
Floor Amendment (Delegate Bobo)
Motion vote previous question (Delegate Minnick) Adopted
Floor Amendment (Delegate Bobo) Rejected (27-107)
Second Reading Passed with Amendments
3/30
Third Reading Passed (106-30)
4/5
Returned Passed
Senate Action
4/2
First Reading Senate Rules
4/5
Re-referred Finance
4/7
Hearing 4/7 at 1:00 p.m.
Favorable Report by Finance
4/3
Favorable Report Adopted
Second Reading Passed
4/4
Third Reading Passed (39-8)
Action after passage in House and Senate
5/22
Approved by the Governor
- Chapter 606

Sponsored by:

Delegate Brian J. Feldman, District 15
Delegate Emmett C. Burns, Jr., District 10
Delegate Jeannie Haddaway, District 37B
Delegate Rick Impallaria, District 7
Delegate Sally Jameson, District 28
Delegate Ruth M. Kirk, District 44
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 Warren E. Miller, District 9A
Delegate Joseph J. Minnick, District 6
Delegate David D. Rudolph, District 34B
Delegate Donna Stifler, District 35A
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:

Bankruptcy
Consumer Protection -see also- Unfair Trade Practices
Counselors -see also- Social Workers
Credit
Debt Collection -see also- Attachments and Garnishments
Disclosure
Education -see also- Driver Ed; Higher Ed; Special Ed; etc
Financial Regulation, Division of
Licenses -see also- Alcoholic Bev Lic; Drivers` Licenses
Notices
Records -see also- Land Records; Vital Records
Reports

Bill affects the following Statutes:

Financial Institutions
( 12-901 , 12-905 , 12-907 , 12-908 , 12-908 , 12-916 , 12-916 , 12-921 , 12-922 )

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: 233092/01     Offered on: April 3, 2008   at: 10:27 a.m.     Status: Adopted
Number: 383224/01     Offered on: April 4, 2008   at: 11:58 a.m.     Status: Rejected
Roll Call Votes (Legislative dates are shown):
House
March 29, 2008: Floor Amendment (Bobo) Rejected (27-107)
March 30, 2008: Third Reading Passed (106-30)
Senate
April 4, 2008: Third Reading Passed (39-8)