File Code: Commercial Law - Credit Regulation
- Sponsored By:
-
Delegates Wood, Harrison, Kirk, Krebs, Love, Miller, Minnick,
Moe, Taylor, and Vaughn
- Entitled:
-
Commercial Law - Mortgage Brokers - Compensation and
Finder's Fees
Providing that a mortgage broker is not considered a lender for
purposes of the prohibition on receiving a finder's fee under
specified circumstances; defining "mortgage broker" and "table funded
transaction"; stating the intent of the General Assembly; etc.
House Action
- 2/12
- First Reading Economic Matters
- 2/25
- Hearing 3/9 at 1:00 p.m.
- 4/6
- Favorable with Amendments Report by Economic Matters
- 4/3
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/4
- Special Order 4/8 (Delegate Zirkin) Adopted
- Third Reading Passed (137-0)
Senate Action
- 4/7
- First Reading Senate Rules
- 4/10
- Re-referred Finance
- 4/12
- Favorable with Amendments Report by Finance
- 4/9
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- Motion two readings same day Const/Rule 24 (Senator Astle) Adopted
- Third Reading Passed with Amendments (47-0)
- Sponsored by:
- Delegate John F. Wood, Jr., District 29A
- Delegate Hattie N. Harrison, District 45
- Delegate Ruth M. Kirk, District 44
- Delegate Susan W. Krebs, District 9B
- Delegate Mary Ann E. Love, District 32
- Delegate Warren E. Miller, District 9A
- Delegate Joseph J. Minnick, District 6
- Delegate Brian R. Moe, District 21
- Delegate Herman L. Taylor, Jr., District 14
- Delegate Michael L. Vaughn, District 24
- Bill indexed under the following Subjects:
- AGENTS AND BROKERS
- FEES -see also- DEVELOPMENT FEES AND TAXES
- MORTGAGES
- SETTLEMENT PROCEDURES
- Bill affects the following Statutes:
- Commercial Law
- (
12-801 ,
12-804
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 013290/01 (PDF) Offered on: April 6, 2004 at:
10:22 a.m. Status: Adopted
- Senate
- Number: 027077/01 (PDF) Offered on: April 12, 2004 at:
4:53 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- April 4, 2004: Third Reading Passed (137-0)
- Senate
- April 9, 2004: Third Reading Passed (47-0)