2000 Regular Session

SENATE BILL 340

File Code: Commercial Law - Credit Regulation Crossfiled with: HOUSE BILL 698
Sponsored By:
Senator Astle
Entitled:
Commercial Law - Revolving Credit Plans - Access to Home Equity Credit Through Use of Credit Device

Synopsis:

Repealing a provision of law that prohibits a revolving credit plan from being secured by a lien on residential real property under specified circumstances.

History by Legislative Date

Senate Action
2/2
First Reading Finance
2/4
Hearing 2/29 at 1:00 p.m.
3/6
Favorable Report by Finance
3/7
Favorable Report Adopted
Second Reading Passed
3/9
Third Reading Passed (44-0)
4/2
Returned Passed
5/19
Governor vetoed - Cross-filed bill was signed
House Action
3/10
First Reading Commerce and Government Matters
3/15
Hearing 3/29 at 1:00 p.m.
3/31
Favorable Report by Commerce and Government Matters
3/29
Favorable Report Adopted
Second Reading Passed
3/30
Third Reading Passed (137-1)
Bill indexed under the following Subjects:
CREDIT
LIENS -see also- MECHANICS' LIENS
MORTGAGES
REAL PROPERTY
SECURITY INTERESTS -see also- LIENS; MECHANICS' LIENS
Bill affects the following Statute:
Commercial Law
( 12-902 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
Senate
March 9, 2000: Third Reading Passed (44-0)
House
March 30, 2000: Third Reading Passed (137-1)