2006 Regular Session

HOUSE BILL 1735

CHAPTER NUMBER: 636
EMERGENCY BILL
File Code: Financial Institutions Crossfiled with: SENATE BILL 1093
Sponsored By:
Delegates Moe and D. Davis
Entitled:
Branching by Banks

Synopsis:

Prohibiting a banking institution or out-of-state bank from establishing or maintaining a branch in the State on the premises or property of an affiliate if the affiliate engages in commercial activities.

History by Legislative Date

House Action
3/16
First Reading House Rules and Executive Nominations
Motion Rules Suspended for late introduction (Delegate Moe) Adopted (134-0)
Referred House Rules and Executive Nominations
3/20
Re-referred Economic Matters
3/22
Hearing 3/29 at 1:00 p.m.
3/31
Favorable with Amendments Report by Economic Matters
3/29
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/1
Third Reading Passed (134-0)
4/8
Returned Passed
Senate Action
4/2
First Reading Senate Rules
4/6
Re-referred Finance
4/7
Hearing 4/7 at 1:00 p.m.
4/10
Favorable Report by Finance
4/6
Favorable Report Adopted
Second Reading Passed
4/7
Third Reading Passed (27-9)
Action after passage in House and Senate
5/26
Became Law without Governor's signature per Maryland Constitution - Chapter 636

Sponsored by:

Delegate Brian R. Moe, District 21
Delegate Dereck E. Davis, District 25

Bill indexed under the following Subjects:

BANKS AND TRUST COMPANIES
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.

Bill affects the following Statutes:

Financial Institutions
( 5-1001 , 5-1003 )

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: 603297/01 (PDF)     Offered on: March 31, 2006   at: 10:41 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 16, 2006: Motion Rules Suspended for late introduction (Moe) Adopted (134-0)
April 1, 2006: Third Reading Passed (134-0)
Senate
April 7, 2006: Third Reading Passed (27-9)