Legislation

Title: Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements
Sponsored by: Delegate Queen
Status: Approved by the Governor - Chapter 568
Analysis: Fiscal and Policy Note

Synopsis

Making certain shared appreciation agreements subject to the Maryland Mortgage Lender Law and other provisions of law that regulate certain loans of single extensions of closed end credit and revolving credit plans; and authorizing the Commissioner of Financial Regulation to adopt certain regulations regarding the enforcement of and compliance with provisions of law that regulate shared appreciation agreements.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2023

History

Legislation History
Chamber House Calendar Date 2/10/2023 Legislative Date 2/10/2023 Action First Reading Economic Matters Proceedings
Chamber House Calendar Date 2/10/2023 Legislative Date 2/10/2023 Action Hearing 3/01 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/14/2023 Legislative Date 3/14/2023 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/15/2023 Legislative Date 3/06/2023 Action Favorable Adopted Proceedings 43 Click to view Recorded Media
Chamber House Calendar Date 3/15/2023 Legislative Date 3/06/2023 Action Motion Special Order until 3/16 (Delegate Hartman) Adopted Proceedings 43 Click to view Recorded Media
Chamber House Calendar Date 3/17/2023 Legislative Date 3/10/2023 Action Second Reading Passed Proceedings 47 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements Proceedings
Chamber House Calendar Date 3/20/2023 Legislative Date 3/13/2023 Action Third Reading Passed (132-0) Proceedings 50 Click to view Recorded Media
Chamber Senate Calendar Date 3/20/2023 Legislative Date 3/13/2023 Action Referred Finance Proceedings 50 Click to view Recorded Media
Chamber Senate Calendar Date 3/21/2023 Legislative Date 3/21/2023 Action Hearing 3/23 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/31/2023 Legislative Date 3/31/2023 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 3/31/2023 Legislative Date 3/21/2023 Action Favorable Adopted Proceedings 58 Click to view Recorded Media
Chamber Senate Calendar Date 3/31/2023 Legislative Date 3/21/2023 Action Second Reading Passed Proceedings 58 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2023 Legislative Date 3/23/2023 Action Third Reading Passed (45-0) Proceedings 60 Click to view Recorded Media
Chamber House Calendar Date 4/05/2023 Legislative Date 3/25/2023 Action Returned Passed Proceedings 62 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/08/2023 Legislative Date 5/08/2023 Action Approved by the Governor - Chapter 568 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/10/2023	2/10/2023	First Reading Economic Matters
House	2/10/2023	2/10/2023	Hearing 3/01 at 1:00 p.m.
			Text - First - Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/14/2023	3/14/2023	Favorable Report by Economic Matters
House	3/15/2023	3/06/2023	Favorable Adopted	43 Click to view Recorded Media
House	3/15/2023	3/06/2023	Motion Special Order until 3/16 (Delegate Hartman) Adopted	43 Click to view Recorded Media
House	3/17/2023	3/10/2023	Second Reading Passed	47 Click to view Recorded Media
			Text - Third - Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements
House	3/20/2023	3/13/2023	Third Reading Passed (132-0)	50 Click to view Recorded Media
Senate	3/20/2023	3/13/2023	Referred Finance	50 Click to view Recorded Media
Senate	3/21/2023	3/21/2023	Hearing 3/23 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/31/2023	3/31/2023	Favorable Report by Finance
Senate	3/31/2023	3/21/2023	Favorable Adopted	58 Click to view Recorded Media
Senate	3/31/2023	3/21/2023	Second Reading Passed	58 Click to view Recorded Media
Senate	4/05/2023	3/23/2023	Third Reading Passed (45-0)	60 Click to view Recorded Media
House	4/05/2023	3/25/2023	Returned Passed	62 Click to view Recorded Media
Post Passage	5/08/2023	5/08/2023	Approved by the Governor - Chapter 568
			Text - Chapter - Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements

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Subjects

Statutes