1996 Regular Session

SENATE BILL 380

File Code: Business Occupations & Regulation Crossfiled with: HOUSE BILL 1035
Sponsored By:
Senator Bromwell
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 or is about to be violated; etc.

Legislative History

Senate Action
1/31
First Reading Finance
Hearing 2/20 at 1:00 p.m.
2/6
Hearing cancelled
Hearing 2/27 at 1:00 p.m.
3/5
Favorable with Amendments Report by Finance
3/6
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/8
Third Reading Passed (43-0)
4/1
Senate Concur - House Amendments
Third Reading Passed (46-0)
Passed Enrolled
5/23
Governor vetoed - Cross-filed bill was signed
House Action
3/11
First Reading Economic Matters
3/12
Hearing 3/21 at 1:00 p.m.
3/27
Favorable with Amendments Report by Economic Matters
3/25
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/26
Third Reading Passed with Amendments (137-2)
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 (PDF)
Fiscal Note: Available (PDF)

Amendments:
Senate
Number: 367234/1 (PDF) Offered on: MARCH 6, 1996 at: 11:11 Status: Adopted
House
Number: 343952/1 (PDF) Offered on: MARCH 27, 1996 at: 10:15 Status: Adopted