SENATE BILL 724

Sponsored By:

Senator Kelley

Entitled:

Title Insurance - Closing or Settlement Protection Practices - Study

Synopsis:

Requiring the Maryland Insurance Commissioner to study closing or settlement protection practices of the title insurance industry and to make specified recommendations; requiring the Commissioner to consider specified matters in conducting the study; requiring the Commissioner to report findings and recommendations to specified committees of the General Assembly on or before December 1, 2012; etc.

History by Legislative and Calendar Date

Senate Action

2/3

First Reading Finance

2/20

Hearing 3/13 at 1:00 p.m.

4/4

Favorable with Amendments Report by Finance

3/29

Favorable with Amendments {567170/1 Report Adopted

Second Reading Passed with Amendments

3/30

Third Reading Passed (46-0)

House Action

3/31

First Reading House Rules and Executive Nominations

Bill indexed under the following Subjects:

Agents and Brokers

Bonds -see also- County & Baltimore City Bonds; State Bonds.

Consumer Protection -see also- Unfair Trade Practices

Disclosure

Escrow Accounts

Insurance Administration

Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins

Notices

Prices -see also- Consumer Price Index

Real Estate -see also- Agents and Brokers

Reports

Settlement Procedures

Theft -see also- Shoplifting

Titles

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments:

Senate

Number: 567170/01     Offered on: April 4, 2012   at: 6:36 p.m.     Status: Adopted

Committee Votes :

Senate

Finance

Roll Call Vote (Legislative date is shown):

Senate

March 30, 2012: Third Reading Passed (46-0)