File Code: Financial Institutions
Crossfiled with: HOUSE BILL 1022
- Sponsored By:
-
Senators Pugh and Madaleno
- Entitled:
-
Commercial Law - Debt Settlement Services
Prohibiting a person from providing debt settlement services in the
State unless the person is registered as a debt settlement services
provider with the Commissioner of Financial Regulation or is exempt;
prohibiting a registrant from charging a debt settlement services fee
until after specified actions have taken place; requiring that a debt
settlement services agreement include specified information and
disclosures; providing that a violation of the Act is an unfair or
deceptive trade practice; terminating the Act on June 30, 2015; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/4
- First Reading Finance
- 2/9
- Hearing 3/1 at 1:00 p.m.
- 3/25
- Favorable with Amendments Report by Finance
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/26
- Third Reading Passed (46-0)
- 4/4
- Senate Refuses to Concur - House Amendments
- Senate Requests House Recede
- Conference Committee Appointed
- Senators Middleton, Pugh, and Kittleman
- 4/7
- Conference Committee Report Adopted
- Third Reading Passed (44-0)
- 4/8
- Passed Enrolled
House Action
- 3/27
- First Reading Economic Matters
- 4/6
- Favorable with Amendments Report by Economic Matters
- 4/2
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/3
- Third Reading Passed with Amendments (96-39)
- 4/5
- House Refuses to Recede
- Conference Committee Appointed
- Delegates Vaughn, Stifler, and Barnes
- 4/8
- Conference Committee Report Adopted
- Third Reading Passed (125-15)
Action after passage in Senate and House
- 5/10
- Approved by the Governor
- - Chapter 280
Sponsored by:
- Senator Catherine E. Pugh, District 40
- Senator Richard S. Madaleno, Jr., District 18
Bill indexed under the following Subjects:
- Advertising
- Bonds -see also- County & Baltimore City Bonds; State Bonds.
- Consumer Protection -see also- Unfair Trade Practices
- Contracts -see also- Land Installment Contracts; Procurement
- Debt Collection -see also- Attachments and Garnishments
- Debt Management
- Disclosure
- Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.
- Financial Regulation, Division of
- Penalties and Sentences -see also- Death Penalty
- Registration -see also- Motor Vehicle Registration
- Reports
- Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.
- Rules and Regulations
- Sunset
- Unfair Trade Practices
Bill affects the following Statutes:
- Commercial Law
- (
13-301 ,
13-301 ,
13-301
)
- Financial Institutions
- (
12-905 ,
12-1001 ,
12-1002 ,
12-1003 ,
12-1004 ,
12-1005 ,
12-1006 ,
12-1007 ,
12-1008 ,
12-1009 ,
12-1010 ,
12-1011 ,
12-1012 ,
12-1013 ,
12-1014 ,
12-1015 ,
12-1016 ,
12-1017
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled, Chapter
- Fiscal and Policy Note:
Available
- Amendments:
Senate
- Number: 367179/01 Offered on: March 25, 2011 at:
12:10 p.m. Status: Adopted
House
- Number: 773797/01 Offered on: April 6, 2011 at:
10:44 a.m. Status: Adopted
- Conference Committee Documents:
- Report Number: 113321/1 Offered on: April 11, 2011 at:
10:13 p.m. Status: Adopted
- Amendment Number: 443920/1 Offered on: April 11, 2011 at:
10:13 p.m. Status: Adopted
-
Committee Votes :
Senate
- Finance
House
- Economic Matters
- Roll Call Votes (Legislative dates are shown):
Senate
- March 26, 2011: Third Reading Passed (46-0)
- April 7, 2011: Third Reading Passed (44-0)
House
- April 3, 2011: Third Reading Passed (96-39)
- April 8, 2011: Third Reading Passed (125-15)