2008 Regular Session

SENATE BILL 589

File Code: Commercial Law - Consumer Protection Crossfiled with: HOUSE BILL 992
Sponsored By:
Senators Kelley, Conway, Exum, Garagiola, Pugh, Raskin, Rosapepe, and Stone
Entitled:
Commercial Law - Common Ownership Communities - Management Companies

Synopsis:

Requiring management companies that perform the financial, administrative, maintenance, or other services for condominiums, cooperative housing corporations, or homeowners associations to register with the Consumer Protection Division of the Office of the Attorney General; requiring these management companies to execute a fidelity bond to be used for the benefit of a person who suffers harm caused by a fraudulent or dishonest act of the management company; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
Senate Action
2/1
First Reading Finance
2/6
Hearing 2/20 at 1:00 p.m.
2/14
Hearing cancelled
2/25
Withdrawn
House Action
No Action

Sponsored by:

Senator Delores G. Kelley, District 10
Senator Joan Carter Conway, District 43
Senator Nathaniel Exum, District 24
Senator Rob Garagiola, District 15
Senator Catherine E. Pugh, District 40
Senator Jamie Raskin, District 20
Senator Jim Rosapepe, District 21
Senator Norman R. Stone, Jr., District 6

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Bonds -see also- County & Baltimore City Bonds; State Bonds.
Comptroller
Condominiums
Consumer Protection -see also- Unfair Trade Practices
Cooperative Associations
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Hearings
Homeowners Associations
Housing -see also- Apartments; Condominiums; Mobile Homes
Liability -see also- Good Samaritan
Registration -see also- Motor Vehicle Registration
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Bill affects the following Statutes:

Commercial Law
( 14-12C-08 , 14-12C-07 , 14-12C-06 , 14-12C-05 , 14-12C-04 , 14-12C-03 , 14-12C-02 , 14-12C-01 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Not available at this time
Amendments: None offered