2004 Regular Session

HOUSE BILL 75

File Code: Financial Institutions
Sponsored By:
Delegates Ramirez, Madaleno, Hixson, Healey, Parker, Hubbard, G. Clagett, Menes, Vaughn, and Conroy
Entitled:
Commercial Law - Credit Regulation - Statements of Loan Payments Furnished by Lenders

Synopsis:

Requiring a lender who receives scheduled monthly periodic payments on more than five loans secured by an interest in real property to furnish to the borrower specified written statements within specified time periods after the lender receives a written request from the borrower; providing for the enforcement of the Act; etc.

History by Legislative Date

House Action
10/31
Pre-filed
1/14
First Reading Economic Matters
2/9
Hearing 2/18 at 1:00 p.m.
3/27
Favorable with Amendments Report by Economic Matters
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/28
Third Reading Passed (121-15)
Senate Action
3/30
First Reading Finance
Hearing 4/6 at 1:00 p.m.
4/9
Unfavorable Report by Finance
Sponsored by:
Delegate Victor R. Ramirez, District 47
Delegate Galen R. Clagett, District 3A
Delegate Mary A. Conroy, District 23A
Delegate Anne Healey, District 22
Delegate Sheila E. Hixson, District 20
Delegate James W. Hubbard, District 23A
Delegate Richard S. Madaleno, Jr., District 18
Delegate Pauline H. Menes, District 21
Delegate Rosetta C. Parker, District 47
Delegate Michael L. Vaughn, District 24
Bill indexed under the following Subjects:
ATTORNEY GENERAL
CIVIL ACTIONS -see also- SMALL CLAIMS
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
DAMAGES
DISCLOSURE
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
LOANS -see also- MORTGAGES
MORTGAGES
PENALTIES
Bill affects the following Statute:
Commercial Law
( 12-106 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 623598/01 (PDF)     Offered on: March 27, 2004   at: 3:39 p.m.     Status: Adopted
Roll Call Vote (Legislative date is shown):
House
March 28, 2004: Third Reading Passed (121-15)