2003 Regular Session

HOUSE BILL 864

File Code: Commercial Law - Credit Regulation
Sponsored By:
Delegates Carter, Anderson, and Paige
Entitled:
Commercial Law - Credit Regulation - Home Mortgage Loans

Synopsis:

Prohibiting specified home loan lenders from financing specified credit insurance policies under specified circumstances; prohibiting specified home loan lenders from charging specified fees under specified circumstances; prohibiting specified home loan lenders from making high-cost home loans under specified circumstances; prohibiting specified home loan lenders from paying specified home improvement contractors from loan proceeds under specified circumstances; etc.

History by Legislative Date

House Action
2/7
First Reading Economic Matters
2/26
Hearing 3/12 at 1:00 p.m.
3/11
Hearing cancelled
3/12
Withdrawn
Senate Action
No Action
Sponsored by:
Delegate Jill P. Carter, District 41
Delegate Curt Anderson, District 43
Delegate Jeffrey A. Paige, District 44
Bill indexed under the following Subjects:
CIVIL ACTIONS -see also- SMALL CLAIMS
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CONTRACTORS -see also- HEATING & COOLING; HOME IMPROVEMENT
COUNSELORS -see also- SOCIAL WORKERS
CREDIT
DAMAGES
FEES -see also- DEVELOPMENT FEES AND TAXES
HOME IMPROVEMENT
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
INTEREST
LOANS -see also- MORTGAGES
MORTGAGES
NOTICES
UNFAIR TRADE PRACTICES
Bill affects the following Statutes:
Commercial Law
( 12-124.1 , 12-127 , 12-311 , 12-312 , 12-409.1 , 12-410 , 12-1007 , 12-1029 , 12-1201 , 12-1202 , 12-1203 , 12-1204 , 12-1205 , 12-1206 , 12-1207 , 12-1208 , 13-301 )
Financial Institutions
( 1-209 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered