File Code: Financial Institutions
Crossfiled with: HOUSE BILL 533
- Sponsored By:
-
Senators Kelley, Glassman, Kittleman, Klausmeier, Pipkin, Middleton, Astle,
Garagiola, Mathias, Muse, and Pugh
- Entitled:
-
Financial Institutions - Interest Payable on Escrow Accounts and Specific
Purpose Savings Accounts
Altering the interest rate payable by specified lending institutions
on escrow accounts created in connection with loans secured by a first
mortgage or first deed of trust on residential real property;
requiring the interest rate to be adjusted under specified
circumstances; altering the interest rate payable by banking
institutions on interest bearing accounts instituted for a specific
purpose; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
Senate Action
- 2/3
- First Reading Finance
- Hearing 2/21 at 1:00 p.m.
- 2/23
- Favorable with Amendments Report by Finance
- 2/24
- Favorable with Amendments {727672/1 Report Adopted
- Second Reading Passed with Amendments
- 2/28
- Third Reading Passed (46-0)
- 3/31
- Returned Passed
House Action
- 2/29
- First Reading Economic Matters
- 3/6
- Hearing 3/20 at 1:00 p.m.
- 4/4
- Favorable Report by Economic Matters
- 3/30
- Favorable Report Adopted
- Second Reading Passed
- 3/31
- Third Reading Passed (136-1)
Action after passage in Senate and House
- 5/22
- Approved by the Governor
- - Chapter 528
Sponsored by:
- Senator Delores G. Kelley, District 10
- Senator John C. Astle, District 30
- Senator Rob Garagiola, District 15
- Senator Barry Glassman, District 35
- Senator Allan H. Kittleman, District 9
- Senator Katherine Klausmeier, District 8
- Senator James N. Mathias, Jr., District 38
- Senator Thomas M. Middleton, District 28
- Senator C. Anthony Muse, District 26
- Senator E. J. Pipkin, District 36
- Senator Catherine E. Pugh, District 40
Bill indexed under the following Subjects:
- Banks and Trust Companies
- Escrow Accounts
- Financial Institutions -see also- Banks; Credit Unions; etc.
- Interest
- Mortgages
- Savings and Loan Associations
Bill affects the following Statutes:
- Commercial Law
- (
12-109
,
12-1026
)
- Financial Institutions
- (
5-302
)
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:
Senate
- Number: 727672/01 Offered on: February 24, 2012 at:
11:37 a.m. Status: Adopted
-
Committee Votes :
Senate
- Finance
House
- Economic Matters
- Roll Call Votes (Legislative dates are shown):
Senate
- February 28, 2012: Third Reading Passed (46-0)
House
- March 31, 2012: Third Reading Passed (136-1)
