1996 Regular Session

HOUSE BILL 1035

CHAPTER NUMBER: 517 File Code: Business Occupations & Regulation Crossfiled with: SENATE BILL 380
Sponsored By:
Delegates Krysiak, Frank, Harrison, Kirk, and Kach
Entitled:
Maryland Business Opportunities Sales Act - Revision

Synopsis:

Expanding the definition of a business opportunity under the Maryland Business Opportunities Sales Act; altering the applicability of the Maryland Business Opportunities Sales Act; requiring the Maryland Securities Commissioner to follow specified procedures when passing summary and final orders; providing exceptions to those procedures; expanding the remedies available to the Maryland Securities Commissioner when a provision of the Maryland Business Opportunities Sales Act has been violated; etc.

Legislative History

House Action
2/5
First Reading Economic Matters
2/14
Hearing 2/29 at 1:00 p.m.
3/18
Favorable with Amendments Report by Economic Matters
3/19
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (134-1)
3/27
Returned Passed
5/14
Signed by the Governor Chapter 517
Senate Action
3/21
First Reading Finance
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 Carolyn J. Krysiak, District 46
Delegate Robert L. Frank, District 11
Delegate Hattie N. Harrison, District 45
Delegate A. Wade Kach, District 9A
Delegate Ruth M. Kirk, District 44
Bill indexed under the following Subjects:
ATTORNEY GENERAL
CIVIL ACTIONS -see also- SMALL CLAIMS
COMMERCE AND BUSINESS -see also- SMALL BUSINESS
CONSUMER PROTECTION -see also- ADVTG., LABELING, WARRANTIES.
DISCLOSURE
FEES -see also- DEVELOPMENT FEES AND TAXES
FRANCHISES
HEARINGS
NOTICES
REGISTRATION -see also- MOTOR VEHICLES - REGISTRATION
REPORTS -see also- RECORDS
SECURITIES
Bill affects the following Statutes:
Business Regulation
( 14-101 , 14-102 , 14-103 , 14-104 , 14-105 , 14-106 , 14-107 , 14-108 , 14-109 , 14-110 , 14-110 , 14-111 , 14-112 , 14-113 , 14-113 , 14-113.1 , 14-114 , 14-115 , 14-116 , 14-117 , 14-118 , 14-119 , 14-119 , 14-120 , 14-121 , 14-122 , 14-123 , 14-124 , 14-125 , 14-126 , 14-127 , 14-128 , 14-129 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)

Amendments:
House
Number: 493454/1 (PDF) Offered on: MARCH 19, 1996 at: 10:12 Status: Adopted