File Code: Commercial Law - Credit Regulation
Crossfiled with: SENATE BILL 882
- Sponsored By:
-
Delegates McIntosh, Dobson, Krysiak, Marriott, and Paige
- Entitled:
-
Unsecured Closed End Credit Regulation - Credit
Services Businesses -
Study Commission
Prohibiting a credit services business, its employees, and specified
independent contractors from assisting a consumer to obtain an
extension of unsecured closed end credit at a rate of interest which,
except for federal preemption of State law, would be prohibited under
specified provisions of law governing interest and usury, consumer
loans, and closed end credit; creating a Short-Term Small Consumer
Loan Study Commission; etc.
House Action
- 2/9
- First Reading Commerce and Government Matters
- 2/14
- Hearing 2/27 at 1:00 p.m.
- 3/21
- Favorable with Amendments Report by Commerce and Government Matters
- 3/18
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/19
- Third Reading Passed (138-0)
- 3/31
- House Concur - Senate Amendments
- Third Reading Passed (139-0)
- Passed Enrolled
- 5/17
- Governor vetoed - Cross-filed bill was signed
Senate Action
- 3/23
- First Reading Finance
- Hearing 3/29 at 1:00 p.m.
- 4/2
- Favorable with Amendments Report by Finance
- 3/30
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/1
- Third Reading Passed with Amendments (47-0)
- Sponsored by:
- Delegate Maggie L. McIntosh, District 42
- Delegate Michael V. Dobson, District 43
- Delegate Carolyn J. Krysiak, District 46
- Delegate Salima Siler Marriott, District 40
- Delegate Jeffrey A. Paige, District 44
- Bill indexed under the following Subjects:
- COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- CREDIT
- INTEREST
- LOANS -see also- MORTGAGES
- REPORTS
- SUNSET
- Bill affects the following Statute:
- Commercial Law
- (
14-1902
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 686183/1 (PDF) Offered on: March 21, 2001 at:
10:40 a.m. Status: Adopted
- Senate
- Number: 757973/1 (PDF) Offered on: April 2, 2001 at:
6:48 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 19, 2001: Third Reading Passed (138-0)
- March 31, 2001: Third Reading Passed (139-0)
- Senate
- April 1, 2001: Third Reading Passed (47-0)