File Code: Commercial Law - Credit Regulation
- Sponsored By:
-
Delegates Lafferty, Glenn, Haynes, Jameson, Levy, McHale, Mizeur, Murphy,
Niemann, Schuh, Schuler, and Stein
- Entitled:
-
Credit Regulation - Advisory Loans - Requirements for Housing Advice
Prohibiting a lender or credit grantor from closing an advisory loan
until the lender or credit grantor receives proof that the primary
borrower has completed home buyer education or obtained housing
advice; requiring a lender, credit grantor, or mortgage broker to
provide an applicant for an advisory loan, within a specified time of
the loan application or offer, with a written notice including
agencies and organizations approved to provide home buyer education or
housing advice; etc.
Legislative date is used to record
history occuring in the Chambers
otherwise Calendar date is used.
House Action
- 2/6
- First Reading Economic Matters
- Hearing 2/21 at 5:00 p.m.
- 2/15
- Hearing cancelled
- Hearing 2/22 at 1:00 p.m.
- 3/31
- Favorable with Amendments Report by Economic Matters
- 3/26
- Favorable with Amendments Report Adopted
- Special Order 4/2 (Delegate Krebs) Adopted
- 3/27
- Floor Amendment (Delegate Krebs) Rejected (36-95)
- Floor Amendment (Delegate Eckardt) Rejected
- Floor Committee Amendment Adopted
- Second Reading Passed with Amendments
- 3/28
- Third Reading Passed (115-24)
Senate Action
- 3/31
- First Reading Senate Rules
- 4/5
- Re-referred Finance
- Hearing 4/5 at 11:00 a.m.
- 4/7
- Favorable with Amendments Report by Finance
- 4/4
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- Motion two readings same day Const/Rule 24 (Senator Middleton) Adopted
- Third Reading Passed with Amendments (46-0)
Sponsored by:
- Delegate Stephen W. Lafferty, District 42
- Delegate Cheryl D. Glenn, District 45
- Delegate Keith E. Haynes, District 44
- Delegate Sally Jameson, District 28
- Delegate Murray D. Levy, District 28
- Delegate Brian K. McHale, District 46
- Delegate Heather R. Mizeur, District 20
- Delegate Peter Murphy, District 28
- Delegate Doyle L. Niemann, District 47
- Delegate Steven R. Schuh, District 31
- Delegate Todd Schuler, District 8
- Delegate Dana Stein, District 11
Bill indexed under the following Subjects:
- Administrative Agencies -see also- Electronic Government
- Agents and Brokers
- Attorney General
- Consumer Protection -see also- Unfair Trade Practices
- Education -see also- Driver Ed; Higher Ed; Special Ed; etc
- Electronic Government
- Financial Regulation, Division of
- Housing and Community Development, Department of
- Housing -see also- Apartments; Condominiums; Mobile Homes
- Investigations and Inquiries -see also- Crim Bckgrnd Invest.
- Mortgages
- Nonprofit Organizations
- Notices
- Publications -see also- Maryland Register
- Rules and Regulations
Bill affects the following Statutes:
- Commercial Law
- (
12-124.1 ,
12-311 ,
12-409.1 ,
12-1029
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments (Displayed in PDF Format):
House
- Number: 413691/01 Offered on: April 1, 2008 at:
11:01 a.m. Status: Adopted
- Number: 423927/01 Offered on: April 2, 2008 at:
11:28 a.m. Status: Rejected
- Number: 433226/01 Offered on: April 2, 2008 at:
11:39 a.m. Status: Rejected
- Number: 553220/01 Offered on: April 2, 2008 at:
11:44 a.m. Status: Adopted
Senate
- Number: 567978/01 Offered on: April 7, 2008 at:
9:38 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
House
- March 27, 2008: Floor Amendment (Krebs) {423927/1 Rejected (36-95)
- March 28, 2008: Third Reading Passed (115-24)
Senate
- April 4, 2008: Third Reading Passed (46-0)