2002 Regular Session

HOUSE BILL 229

CHAPTER NUMBER: 356 File Code: Insurance - Other than Health Prior Year Introduction As: HB 543/01 - ECM Crossfiled with: SENATE BILL 335
Sponsored By:
Delegates Kirk, Love, McHale, and Harrison
Entitled:
Premium Finance Agreements - Delinquency and Collection Charge - Cancellation Charge

Synopsis:

Increasing the maximum amount of a delinquency and collection charge with respect to private passenger automobile or personal fire or liability insurance that may be imposed under a premium finance agreement from $5 to $8; and increasing the amount of a cancellation charge with respect to private passenger automobile or personal fire or liability insurance that may be imposed under a premium finance agreement from $10 to $15.

History by Legislative Date

House Action
1/18
First Reading Economic Matters
1/30
Hearing 2/7 at 1:00 p.m.
2/25
Favorable Report by Economic Matters
2/26
Favorable Report Adopted
Second Reading Passed
2/28
Third Reading Passed (135-2)
4/5
House Concur - Senate Amendments
Third Reading Passed (120-2)
Passed Enrolled
5/6
Signed by the Governor Chapter 356
Senate Action
3/1
First Reading Finance
3/8
Hearing 3/26 at 2:30 p.m.
3/12
Hearing cancelled
Hearing 3/26 at 3:00 p.m.
3/28
Favorable with Amendments Report by Finance
3/29
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/30
Third Reading Passed with Amendments (46-0)
Sponsored by:
Delegate Ruth M. Kirk, District 44
Delegate Hattie N. Harrison, District 45
Delegate Mary Ann E. Love, District 32
Delegate Brian K. McHale, District 47A
Bill indexed under the following Subjects:
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
FEES -see also- DEVELOPMENT FEES AND TAXES
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND
Bill affects the following Statutes:
Insurance
( 23-306 , 23-307 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 237677/1 (PDF)     Offered on: March 29, 2002   at: 10:31 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
February 28, 2002: Third Reading Passed (135-2)
April 5, 2002: Third Reading Passed (120-2)
Senate
March 30, 2002: Third Reading Passed (46-0)