CHAPTER NUMBER: 510
File Code: Commercial Law - Credit Regulation
Crossfiled with: SENATE BILL 520
- Sponsored By:
-
Delegates Arnick and Kagan
- Entitled:
-
Credit Regulation - Revolving Credit Plan - Origination Fees
Authorizing a credit grantor of an open end credit plan that is
secured by real property to charge an origination fee not to exceed 2%
of the initial advance made under the plan.
House Action
- 2/2
- First Reading Commerce and Government Matters
- 2/7
- Hearing 2/27 at 1:15 p.m.
- 3/4
- Favorable Report by Commerce and Government Matters
- 3/5
- Favorable Report Adopted
- Second Reading Passed
- 3/8
- Third Reading Passed (111-23)
- 3/27
- Returned Passed
- 5/14
- Signed by the Governor Chapter 510
Senate Action
- 3/11
- First Reading Finance
- 3/12
- Hearing 3/26 at 1:00 p.m.
- 3/28
- Favorable Report by Finance
- Favorable Report Adopted
- Second Reading Passed
- 3/30
- Third Reading Passed (46-0)
- Sponsored by:
- Delegate John S. Arnick, District 7
- Delegate Cheryl C. Kagan, District 17
- Bill indexed under the following Subjects:
- CREDIT
- FEES -see also- DEVELOPMENT FEES AND TAXES
- LOANS
- MORTGAGES
- Bill affects the following Statutes:
- Commercial Law
- (
12-905 ,
12-905
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available