HOUSE BILL 1292

Sponsored By:

Delegates Ali, Frick, Rudolph, Taylor, and Vaughn

Entitled:

Consumer Protection - Consumer Credit Contracts - Prohibited Provisions

Synopsis:

Prohibiting a person from including or enforcing specified provisions in specified consumer credit contracts; requiring a consumer credit contract to contain a statement informing the consumer of the prohibited provisions; permitting specified information to be used to prevent or detect fraudulent activity; providing that a violation of the Act is an unfair or deceptive trade practice under the Maryland Consumer Protection Act and is subject to specified enforcement and penalty provisions; etc.

History by Legislative and Calendar Date

House Action

2/13

First Reading Economic Matters

2/25

Hearing 3/11 at 1:00 p.m.

3/26

Favorable with Amendments Report by Economic Matters

3/23

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/24

Third Reading Passed (132-6)

Senate Action

3/27

First Reading Finance

3/31

Hearing 4/2 at 1:00 p.m.

4/13

Favorable with Amendments Report by Finance

Sponsored by:

Delegate Saqib Ali, District 39

Delegate C. William Frick, District 16

Delegate David D. Rudolph, District 34B

Delegate Herman L. Taylor, Jr., District 14

Delegate Michael L. Vaughn, District 24

Bill indexed under the following Subjects:

Consumer Protection -see also- Unfair Trade Practices

Contracts -see also- Land Installment Contracts; Procurement

Credit

Disclosure

Fraud -see also- Forgery

Interest

Mortgages

Penalties

Unfair Trade Practices

Bill affects the following Statute:

Commercial Law

( 14-1322 )

Documents:

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

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments (Displayed in PDF Format):

House

Number: 893191/01     Offered on: March 26, 2009   at: 10:37 a.m.     Status: Adopted

Roll Call Vote (Legislative date is shown):

House

March 24, 2009: Third Reading Passed (132-6)