HOUSE BILL 117

Sponsored By:

Delegates Love, Sophocleus, Boschert, Conroy, Costa, Feldman, Fulton, Harrison, Jameson, Kach, Kirk, Krysiak, Minnick, and Moe

Entitled:

Banking Institutions - Truncated Accounts

Synopsis:

Repealing provisions of law requiring banking institutions offering truncated checking accounts to also offer customers a specified checking account plan and to provide specified information to a customer opening a truncated checking account; requiring a banking institution that returns check facsimiles instead of original checks to a customer who has requested the return of a check for specified purposes to return to the customer, on the customer's request, check facsimiles at no additional cost to the customer; etc.

History by Legislative Date

House Action

1/24

First Reading Economic Matters

1/31

Hearing 2/12 at 1:00 p.m.

3/21

Favorable with Amendments Report by Economic Matters

3/20

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/22

Third Reading Passed (131-3)

3/30

Returned Passed

5/22

Governor vetoed - Cross-filed bill was signed

Senate Action

3/23

First Reading Finance

3/25

Hearing 3/28 at 1:00 p.m.

Hearing cancelled

Hearing 3/27 at 1:00 p.m.

4/1

Favorable Report by Finance

3/30

Favorable Report Adopted

Second Reading Passed

3/31

Third Reading Passed (42-4)

Sponsored by:

Delegate Mary Ann E. Love, District 32

Delegate David G. Boschert, District 33A

Delegate Mary A. Conroy, District 23A

Delegate Bob A. Costa, District 33B

Delegate Brian J. Feldman, District 15

Delegate Tony E. Fulton, District 40

Delegate Hattie N. Harrison, District 45

Delegate Sally Jameson, District 28

Delegate Wade Kach, District 5B

Delegate Ruth M. Kirk, District 44

Delegate Carolyn J. Krysiak, District 46

Delegate Joseph J. Minnick, District 6

Delegate Brian R. Moe, District 21

Delegate Theodore Sophocleus, District 32

Bill indexed under the following Subjects:

BANKS AND TRUST COMPANIES

CHECKS

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES

FACSIMILE TRANSMISSION

FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.

Bill affects the following Statute:

Financial Institutions

( 5-513 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments:

House

Number: 773490/01 (PDF)     Offered on: March 21, 2003   at: 11:43 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

March 22, 2003: Third Reading Passed (131-3)

Senate

March 31, 2003: Third Reading Passed (42-4)