2005 Regular Session

HOUSE BILL 753

CHAPTER NUMBER: 574 File Code: Commercial Law - Credit Regulation
Sponsored By:
Delegate D. Davis
Entitled:
Financial Regulation - Debt Management Services

Synopsis:

Clarifying that a person who provides debt management services is subject to licensure whether or not the person maintains an office in the State; requiring an applicant for licensure as a debt management services provider to provide specified information to the Commissioner of Financial Regulation and to satisfy the Commissioner as to specified matters; etc.

History by Legislative Date

House Action
2/9
First Reading Economic Matters
Hearing 2/23 at 1:00 p.m.
2/15
Hearing cancelled
Hearing 2/23 at 10:30 a.m.
2/22
Hearing cancelled
Hearing 2/23 at 11:30 a.m.
3/21

Favorable with Amendments Report by Economic Matters
Favorable with Amendments Report Adopted
Special Order 3/23 (Delegate Bobo) Adopted
3/22
Floor Amendment (Delegate Bobo)
Motion vote previous question (Delegate Moe) Adopted
Floor Amendment (Delegate Bobo) Rejected (27-101)
Second Reading Passed with Amendments
3/24
Motion vote previous question (Delegate Minnick) Adopted
Third Reading Passed (102-33)
4/5
House Refuses to Concur - Senate Amendments
House Requests Senate Recede
Conference Committee Appointed ...
Delegates D. Davis, Moe, and Love
4/9
Conference Committee Report Adopted
Third Reading Passed (119-0)
Passed Enrolled
Senate Action
3/24
First Reading Finance
3/28
Hearing 3/31 at 1:00 p.m.
4/4
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)
4/7
Senate Refuses to Recede
Conference Committee Appointed ...
Senators Exum, Hafer, and Della
4/9
Conference Committee Report Adopted
Third Reading Passed (46-0)
Action after passage in House and Senate
5/26
Signed by the Governor Chapter 574

Bill indexed under the following Subjects:

ADVERTISING
ATTORNEY GENERAL
BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
CREDIT
CRIMES AND PUNISHMENTS -see also- PENALTIES; SENTENCES; etc.
FEES -see also- DEVELOPMENT FEES AND TAXES
FINANCIAL REGULATION, DIVISION OF
FRAUD -see also- FORGERY
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
LOANS -see also- MORTGAGES
NONPROFIT ORGANIZATIONS
PENALTIES
REPORTS
SALARIES -see also- OVERTIME

Bill affects the following Statutes:

Courts and Judicial Proceedings
( 7-409 , 7-409 )
Financial Institutions
( 12-901 , 12-904 , 12-905 , 12-906 , 12-907 , 12-908 , 12-914 , 12-920 , 12-929 )
Insurance
( 2-401 , 27-801 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
House
Number: 093498/02 (PDF)     Offered on: March 22, 2005   at: 11:30 a.m.     Status: Adopted
Number: 173027/01 (PDF)     Offered on: March 23, 2005   at: 10:48 a.m.     Status: Rejected
Senate
Number: 817775/01 (PDF)     Offered on: April 5, 2005   at: 11:57 a.m.     Status: Adopted
Conference Committee Documents (Displayed in WordPerfect 8 Format):
Report Number: 113024/1 (PDF)     Offered on: April 11, 2005   at: 11:29 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 22, 2005: Floor Amendment (Bobo) Rejected (27-101)
March 24, 2005: Third Reading Passed (102-33)
April 9, 2005: Third Reading Passed (119-0)
Senate
April 4, 2005: Third Reading Passed (46-0)
April 9, 2005: Third Reading Passed (46-0)