2010 Regular Session

HOUSE BILL 990

CHAPTER NUMBER: 628
File Code: Financial Institutions Crossfiled with: SENATE BILL 886
Sponsored By:
Delegates Olszewski, Cardin, DeBoy, Frick, and Shewell
Entitled:
Financial Institutions - Credit Unions and Depository Institutions - Authority to Conduct Savings Promotion Raffles

Synopsis:

Authorizing a credit union, subject to the approval of the Commissioner of Financial Regulation, to conduct a savings promotion raffle under specified conditions; authorizing a depository institution to conduct a savings promotion raffle for the exclusive benefit of eligible customers; exempting specified savings promotion raffles from specified provisions of law relating to the award of prizes by chance; authorizing the Commissioner of Financial Regulation to take specified actions relating to a savings promotion raffle; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/12
First Reading Economic Matters
Hearing 3/4 at 1:00 p.m.
3/24
Favorable Report by Economic Matters
3/22
Favorable Report Adopted
Second Reading Passed
3/23
Third Reading Passed (139-0)
3/31
House Refuses to Concur - Senate Amendments
House Requests Senate Recede
Conference Committee Appointed
Delegates Feldman, Miller, and Vaughn
4/5
Conference Committee Report Adopted
Third Reading Passed (134-2)
4/7
Passed Enrolled
Senate Action
3/26
First Reading Finance
3/30
Hearing 4/1 at 1:00 p.m.
4/5
Favorable with Amendments Report by Finance
4/1
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/2
Third Reading Passed with Amendments (47-0)
4/5
Senate Refuses to Recede
Conference Committee Appointed
Senators Klausmeier, Della, and Kittleman
4/7
Conference Committee Report Adopted
Third Reading Passed (46-0)
Action after passage in House and Senate
5/20
Approved by the Governor
- Chapter 628

Sponsored by:

Delegate John A. Olszewski, Jr., District 6
Delegate Jon S. Cardin, District 11
Delegate Steven J. DeBoy, Sr., District 12A
Delegate C. William Frick, District 16
Delegate Tanya T. Shewell, District 5A

Bill indexed under the following Subjects:

Banks and Trust Companies
Credit Unions
Federal Government
Financial Institutions -see also- Banks; Credit Unions; etc.
Financial Regulation, Division of
Legislative Services, Department of
Notices
Raffles
Savings and Loan Associations

Bill affects the following Statutes:

Commercial Law
( 13-305 )
Criminal Law
( 12-106 )
Financial Institutions
( 1-211 , 6-716 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Attorney General Letter: Available
Amendments:
Senate
Number: 617679/01     Offered on: April 5, 2010   at: 9:42 p.m.     Status: Adopted
Conference Committee Documents::
Report Number: 103622/1     Offered on: April 12, 2010   at: 12:30 p.m.     Status: Adopted
Committee Votes :
House
Economic Matters
Senate
Finance
Roll Call Votes (Legislative dates are shown):
House
March 23, 2010: Third Reading Passed (139-0)
April 5, 2010: Third Reading Passed (134-2)
Senate
April 2, 2010: Third Reading Passed (47-0)
April 2, 2010: Third Reading Passed (47-0)
April 7, 2010: Third Reading Passed (46-0)