HOUSE BILL 1735

Sponsored By:

Delegates Moe and D. Davis

Entitled:

Branching by Banks

Synopsis:

Prohibiting a banking institution or out-of-state bank from establishing or maintaining a branch in the State on the premises or property of an affiliate if the affiliate engages in commercial activities.

History by Legislative Date

House Action

3/16

First Reading House Rules and Executive Nominations

Motion Rules Suspended for late introduction (Delegate Moe) Adopted (134-0)

Referred House Rules and Executive Nominations

3/20

Re-referred Economic Matters

3/22

Hearing 3/29 at 1:00 p.m.

3/31

Favorable with Amendments Report by Economic Matters

3/29

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

4/1

Third Reading Passed (134-0)

4/8

Returned Passed

Senate Action

4/2

First Reading Senate Rules

4/6

Re-referred Finance

4/7

Hearing 4/7 at 1:00 p.m.

4/10

Favorable Report by Finance

4/6

Favorable Report Adopted

Second Reading Passed

4/7

Third Reading Passed (27-9)

Action after passage in House and Senate

5/26

Became Law without Governor's signature per Maryland Constitution - Chapter 636

Sponsored by:

Delegate Brian R. Moe, District 21

Delegate Dereck E. Davis, District 25

Bill indexed under the following Subjects:

BANKS AND TRUST COMPANIES

COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc

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

Bill affects the following Statutes:

Financial Institutions

( 5-1001 , 5-1003 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments (Displayed in WordPerfect 8 Format):

House

Number: 603297/01 (PDF)     Offered on: March 31, 2006   at: 10:41 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

March 16, 2006: Motion Rules Suspended for late introduction (Moe) Adopted (134-0)

April 1, 2006: Third Reading Passed (134-0)

Senate

April 7, 2006: Third Reading Passed (27-9)