File Code: Commercial Law - Credit Regulation
Prior Year Introduction As: SB 482/02 - FIN
Crossfiled with: SENATE BILL 179
- Sponsored By:
-
Delegates Moe, Frush, Healey, Kelley, Parrott, Ross, and Rudolph
- Entitled:
-
Credit Regulation - Credit Grantor Revolving Credit Provisions -
Amendment of Plan Agreement
Repealing a requirement that a credit grantor give a specified notice
to a borrower when the credit grantor amends an agreement governing a
revolving credit plan if the amendment has the effect of altering the
manner of computing specified fees and charges; repealing a
requirement that the credit grantor send a second notice of a
specified amendment of a plan agreement to the borrower; repealing a
requirement that the Commissioner of Financial Regulation approve the
form of a specified notice; etc.
House Action
- 2/3
- First Reading Economic Matters
- 2/12
- Hearing 2/26 at 1:00 p.m.
- 3/18
- Favorable Report by Economic Matters
- Favorable Report Adopted
- Second Reading Passed
- 3/19
- Third Reading Passed (141-0)
- 3/30
- Returned Passed
- 5/22
- Governor vetoed - Cross-filed bill was signed
Senate Action
- 3/20
- First Reading Finance
- 3/21
- Hearing 3/25 at 1:00 p.m.
- 4/1
- Favorable Report by Finance
- 3/30
- Favorable Report Adopted
- Second Reading Passed
- 3/31
- Third Reading Passed (46-0)
- Sponsored by:
- Delegate Brian R. Moe, District 21
- Delegate Barbara Frush, District 21
- Delegate Anne Healey, District 22
- Delegate Darryl A. Kelley, District 26
- Delegate Joanne S. Parrott, District 35A
- Delegate Justin D. Ross, District 22
- Delegate David D. Rudolph, District 34B
- Bill indexed under the following Subjects:
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- CREDIT
- FEES -see also- DEVELOPMENT FEES AND TAXES
- FINANCIAL REGULATION, DIVISION OF
- FORMS
- INTEREST
- MORTGAGES
- NOTICES
- Bill affects the following Statute:
- Commercial Law
- (
12-912
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
- Roll Call Votes (Legislative dates are shown):
- House
- March 19, 2003: Third Reading Passed (141-0)
- Senate
- March 31, 2003: Third Reading Passed (46-0)