2000 Regular Session

SENATE BILL 450

File Code: Commercial Law - Credit Regulation Crossfiled with: HOUSE BILL 516
Sponsored By:
Senators Currie, McFadden, and Lawlah
Entitled:
Check Cashing Services - Licensing - Maximum Fees

Synopsis:

Prohibiting a person from providing check cashing services unless licensed by the Commissioner of Financial Regulation or exempt from licensure under specified circumstances; exempting specified check cashing services, loans, and financial institutions from the applicability of the Act; exempting subsidiaries and affiliates of specified financial institutions from specified provisions of the Act; establishing the qualifications, procedures, and fees for check cashing license applicants; etc.

History by Legislative Date

Senate Action
2/4
First Reading Finance
Hearing 2/29 at 1:00 p.m.
3/23
Favorable with Amendments Report by Finance
3/24
Favorable with Amendments
Laid Over (Senator Stone) Adopted
3/27
Favorable with Amendments Report Adopted
Floor Amendment (Senator Stone)
Special Order 3/28 (Senator Kelley) Adopted
3/28
Floor Amendment (Senator Stone) Withdrawn
Floor Amendment (Senator Stone) Adopted (36-8)
Second Reading Passed with Amendments
3/29
Special Order 3/30 (Senator Bromwell) Adopted
Motion Reconsider Special Order (Senator Bromwell) Adopted
Third Reading Passed (47-0)
4/5
Senate Refuses to Concur - House Amendments
Senate Requests House Recede
Conference Committee Appointed ...
Senators Bromwell, DeGrange, and Hafer
4/8
Conference Committee Report Adopted
Third Reading Passed (43-2)
Passed Enrolled
5/19
Governor vetoed - Cross-filed bill was signed
House Action
3/28
First Reading Commerce and Government Matters
3/31
Hearing 4/4 at 1:00 p.m.
4/6
Favorable with Amendments Report by Commerce and Government Matters
4/1
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/3
Third Reading Passed with Amendments (138-1)
4/6
House Refuses to Recede
Conference Committee Appointed ...
Delegates McIntosh, Bobo, and Brinkley
4/8
Conference Committee Report Adopted
Third Reading Passed (131-1)
Sponsored by:
Senator Ulysses Currie, District 25
Senator Gloria Lawlah, District 26
Senator Nathaniel J. McFadden, District 45
Bill indexed under the following Subjects:
BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.
CHECKS
CIVIL ACTIONS -see also- SMALL CLAIMS
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CRIMINAL BACKGROUND INVESTIGATIONS
FEES -see also- DEVELOPMENT FEES AND TAXES
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
FINGERPRINTING
INVESTIGATIONS AND INQUIRIES -see also- CRIM BCKGRND INVEST.
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
LOANS -see also- MORTGAGES
NOTICES
PENALTIES
RECORDS -see also- LAND RECORDS; VITAL RECORDS
RULES AND REGULATIONS
Bill affects the following Statutes:
Financial Institutions
( 12-101 , 12-102 , 12-103 , 12-104 , 12-105 , 12-106 , 12-107 , 12-108 , 12-109 , 12-110 , 12-111 , 12-112 , 12-113 , 12-114 , 12-115 , 12-116 , 12-117 , 12-118 , 12-119 , 12-120 , 12-121 , 12-122 , 12-123 , 12-124 , 12-125 , 12-126 , 12-127 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 033425/3 (PDF)     Offered on: March 28, 2000   at: 11:22 a.m.     Status: Adopted
Number: 637874/2 (PDF)     Offered on: March 27, 2000   at: 8:33 p.m.     Status: Adopted
Number: 893429/1 (PDF)     Offered on: March 28, 2000   at: 11:22 a.m.     Status: Withdrawn
House
Number: 546989/1 (PDF)     Offered on: April 6, 2000   at: 11:14 a.m.     Status: Adopted
Conference Committee Documents::
Report Number: 023726/1 (PDF)     Offered on: April 10, 2000   at: 8:27 p.m.     Status: Adopted
Amendment Number: 753122/1 (PDF)     Offered on: April 10, 2000   at: 5:46 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 29, 2000: Third Reading Passed (47-0)
April 8, 2000: Third Reading Passed (43-2)
House
April 3, 2000: Third Reading Passed (138-1)
April 8, 2000: Third Reading Passed (131-1)