2008 Regular Session

SENATE BILL 594

File Code: Commercial Law - Credit Regulation
Sponsored By:
Senator Haines
Entitled:
Credit Regulation - Mortgage Lending - Prepayment Penalties

Synopsis:

Prohibiting a lender from requiring or authorizing the imposition of a prepayment penalty, fee, premium, or other charge in connection with specified subprime loans; 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 2/12 at 1:00 p.m.
3/10
Withdrawn
House Action
No Action

Bill indexed under the following Subjects:

Consumer Protection -see also- Unfair Trade Practices
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Financial Institutions -see also- Banks; Credit Unions; etc.
Mortgages
Penalties
Real Property

Bill affects the following Statute:

Commercial Law
( 12-105 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered