SENATE BILL 262

Sponsored By:

Senator Dorman

Entitled:

Credit Regulation - Consumer Loans - Insurance

Synopsis:

Authorizing a lender that makes a loan under the Maryland Consumer Loan Law - Credit Provisions to collect from the borrower, at the option of the borrower, the premiums paid for accident and health insurance covering any one or more borrowers.

History by Legislative Date

Senate Action

2/2

First Reading Finance

2/6

Hearing 2/24 at 1:00 p.m.

3/2

Favorable with Amendments Report by Finance

3/4

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/6

Third Reading Passed (45-0)

4/9

Senate Concur - House Amendment

Third Reading Passed (43-0)

Passed Enrolled

5/21

Governor vetoed - Cross-filed bill was signed

House Action

3/9

First Reading Commerce and Government Matters

3/18

Hearing 4/1 at 1:15 p.m.

4/3

Favorable with Amendments Report by Commerce and Government Matters

3/31

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

4/1

Third Reading Passed with Amendments (129-4)

Bill indexed under the following Subjects:

CREDIT

HEALTH INSURANCE -see also- HMO; MANAGED CARE ORGANIZATIONS.

INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS

LOANS

MORTGAGES

Bill affects the following Statute:

Commercial Law

( 12-312 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 727758/1 (PDF)     Offered on: March 4, 1998   at: 10:52 a.m.     Status: Adopted

House

Number: 166566/1 (PDF)     Offered on: April 3, 1998   at: 10:27 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

March 6, 1998: Third Reading Passed (45-0)

April 9, 1998: Third Reading Passed (43-0)

House

April 1, 1998: Third Reading Passed (129-4)