2003 Regular Session

HOUSE BILL 640

CHAPTER NUMBER: 375 File Code: Commercial Law - Credit Regulation Crossfiled with: SENATE BILL 339
Sponsored By:
Delegates McIntosh, Bobo, Burns, Conroy, D. Davis, Doory, Feldman, Glassman, Kirk, Krysiak, Love, McHale, Minnick, Moe, Parrott, Taylor, Trueschler, Vaughn, and Walkup
Entitled:
Maryland Debt Management Services Act

Synopsis:

Prohibiting a person from providing debt management services to specified consumers unless licensed by the Commissioner of Financial Regulation or exempt from licensing under the Act; authorizing the Commissioner to take specified actions to carry out the Act; requiring the Commissioner by regulation to establish specified fees; establishing a Debt Management Services Fund; establishing qualifications for an applicant for a license; etc.

History by Legislative Date

House Action
2/7
First Reading Economic Matters
2/12
Hearing 2/26 at 1:00 p.m.
3/28
Favorable with Amendments Report by Economic Matters
3/26
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/27
Third Reading Passed (134-0)
4/4
House Concur - Senate Amendments
Third Reading Passed (129-0)
Passed Enrolled
5/22
Signed by the Governor Chapter 375
Senate Action
3/29
First Reading Budget and Taxation
3/30
Re-assigned Senate Rules
4/4
Re-referred Finance
4/5
Favorable with Amendments Report by Finance
4/3
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed with Amendments (46-0)
Sponsored by:
Delegate Maggie McIntosh, District 43
Delegate Elizabeth Bobo, District 12B
Delegate Emmett C. Burns, Jr., District 10
Delegate Mary A. Conroy, District 23A
Delegate Dereck E. Davis, District 25
Delegate Ann Marie Doory, District 43
Delegate Brian J. Feldman, District 15
Delegate Barry Glassman, District 35A
Delegate Ruth M. Kirk, District 44
Delegate Carolyn J. Krysiak, District 46
Delegate Mary Ann E. Love, District 32
Delegate Brian K. McHale, District 46
Delegate Joseph J. Minnick, District 6
Delegate Brian R. Moe, District 21
Delegate Joanne S. Parrott, District 35A
Delegate Herman Taylor, District 14
Delegate John G. Trueschler, District 42
Delegate Michael L. Vaughn, District 24
Delegate Mary Roe Walkup, District 36
Bill indexed under the following Subjects:
ADVERTISING
AGENTS AND BROKERS
AUDITORS AND AUDITS
BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.
BUDGETS -see also- CAPITAL BUDGETS
CIVIL ACTIONS -see also- SMALL CLAIMS
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
CREDIT
CRIMES AND PUNISHMENTS -see also- PENALTIES; SENTENCES; etc.
DISCLOSURE
ELECTRONIC COMMERCE -see also- ELECTRONIC FUNDS TRANSFER
FEES -see also- DEVELOPMENT FEES AND TAXES
FINANCIAL REGULATION, DIVISION OF
FINGERPRINTING
HEARINGS
INVESTIGATIONS AND INQUIRIES -see also- CRIM BCKGRND INVEST.
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
NOTICES
PENALTIES
PRIVACY
RECORDS -see also- LAND RECORDS; VITAL RECORDS
REPORTS
RULES AND REGULATIONS
Bill affects the following Statutes:
Commercial Law
( 14-1316 )
Financial Institutions
( 12-901 , 12-902 , 12-903 , 12-904 , 12-904 , 12-905 , 12-906 , 12-907 , 12-908 , 12-909 , 12-910 , 12-911 , 12-912 , 12-913 , 12-914 , 12-915 , 12-916 , 12-917 , 12-918 , 12-919 , 12-920 , 12-921 , 12-922 , 12-923 , 12-924 , 12-925 , 12-926 , 12-927 , 12-928 , 12-929 , 12-930 , 12-931 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 043599/03 (PDF)     Offered on: March 28, 2003   at: 11:18 a.m.     Status: Adopted
Senate
Number: 057572/01 (PDF)     Offered on: April 5, 2003   at: 11:29 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 27, 2003: Third Reading Passed (134-0)
April 4, 2003: Third Reading Passed (129-0)
Senate
April 4, 2003: Third Reading Passed (46-0)