HOUSE BILL 1276

CHAPTER NUMBER: 732 File Code: Commercial Law - Credit Regulation Crossfiled with: SENATE BILL 755

Sponsored By:

Delegates V. Mitchell and McClenahan

Entitled:

Commercial Law - Abandoned Property

Synopsis:

Clarifying that credits in connection with the sale of consumer goods to a wholesaler or retailer under certain circumstances are not personal property subject to the Maryland Uniform Disposition of Abandoned Property Act.

Legislative History

House Action

2/17

First Reading Economic Matters

Hearing 3/12 at 1:00 p.m.

3/18

Favorable Report by Economic Matters

Favorable Report Adopted

Second Reading Passed

3/20

Third Reading Passed (136-0)

3/30

Returned Passed

5/22

Signed by the Governor Chapter 732

Senate Action

3/21

First Reading Judicial Proceedings

3/31

Favorable Report by Judicial Proceedings

4/1

Favorable Report Adopted

Second Reading Passed

4/2

Third Reading Passed (47-0)

Sponsored by:

Delegate Van T. Mitchell, District 28

Delegate Charles A. McClenahan, District 38

Bill indexed under the following Subjects:

ABANDONED PROPERTY

CREDIT

PERSONAL PROPERTY

Bill affects the following Statute:

Commercial Law

( 17-101 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)