1997 Regular Session

SENATE BILL 755

File Code: Commercial Law - Generally Crossfiled with: HOUSE BILL 1276
Sponsored By:
Senator Baker
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

Senate Action
1/31
First Reading Judicial Proceedings
2/5
Hearing 2/27 at 1:00 p.m.
2/14
Hearing cancelled
Hearing 3/5 at 1:00 p.m.
3/10
Favorable Report by Judicial Proceedings
3/11
Favorable Report Adopted
Second Reading Passed
3/13
Third Reading Passed (46-0)
3/31
Returned Passed
5/22
Governor vetoed - Cross-filed bill was signed
House Action
3/14
First Reading Economic Matters
3/17
Hearing 3/20 at 1:00 p.m.
3/28
Favorable Report by Economic Matters
3/26
Favorable Report Adopted
Second Reading Passed
3/27
Third Reading Passed (134-0)
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)