1997 Regular Session

HOUSE BILL 799

File Code: Financial Institutions
Sponsored By:
Delegates Bobo, Crumlin, Opara, Dypski, Pendergrass, and Mandel
Entitled:
Financial Institutions - Fees for Dishonored Negotiable Instruments - Limitation

Synopsis:

Prohibiting specified financial institutions from assessing any fee, charge, or other assessment, subject to specified circumstances, against the account of a depositor if the drawee dishonors the check, draft, or other negotiable instrument which had been deposited in the account.

Legislative History

House Action
1/31
First Reading Commerce and Government Matters
2/5
Hearing 2/19 at 1:15 p.m.
3/19
Favorable with Amendments Report by Commerce and Government Matters
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Motion vote previous question (Delegate Gordon) Adopted
Third Reading Passed (77-56)
Senate Action
3/24
First Reading Finance
3/25
Hearing 3/28 at 1:00 p.m.
4/4
Unfavorable Report by Finance
Sponsored by:
Delegate Elizabeth Bobo, District 12B
Delegate Michael A. Crumlin, District 25
Delegate Cornell N. Dypski, District 46
Delegate Adrienne A. Mandel, District 19
Delegate Clay C. Opara, District 41
Delegate Shane E. Pendergrass, District 13A
Bill indexed under the following Subjects:
CHECKS
FEES -see also- DEVELOPMENT FEES AND TAXES
FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
Bill affects the following Statute:
Financial Institutions
( 1-208 )

Documents:

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

Amendments:
House
Number: 736253/1 (PDF) Offered on: MARCH 19, 1997 at: 10:42 Status: Adopted