2002 Regular Session

SENATE BILL 335

File Code: Insurance - Other than Health Prior Year Introduction As: SB 340/01 - FIN Crossfiled with: HOUSE BILL 229
Sponsored By:
Senators DeGrange and Astle
Entitled:
Premium Finance Agreements - Delinquency and Collection Charge - Cancellation Charge

Synopsis:

Altering 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; and altering 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.

History by Legislative Date

Senate Action
1/28
First Reading Finance
1/30
Hearing 2/26 at 1:00 p.m.
3/7
Favorable with Amendments Report by Finance
3/8
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/12
Third Reading Passed (45-0)
3/31
Returned Passed
5/15
Governor vetoed - Cross-filed bill was signed
House Action
3/12
First Reading Economic Matters
3/20
Hearing 3/28 at 1:00 p.m.
4/1
Favorable Report by Economic Matters
3/29
Favorable Report Adopted
Second Reading Passed
3/30
Third Reading Passed (138-0)
Sponsored by:
Senator James E. DeGrange, Sr., District 32
Senator John C. Astle, District 30
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
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 227075/1 (PDF)     Offered on: March 8, 2002   at: 12:20 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 12, 2002: Third Reading Passed (45-0)
House
March 30, 2002: Third Reading Passed (138-0)