SENATE BILL 755

Sponsored By:

Senator Baker

Entitled:

Commercial Law - Abandoned Property

Synopsis:

Clarifying that credits in connection with the sale of consumer goods to a wholesaler or retailer under certain circumstances are not personal property subject to the Maryland Uniform Disposition of Abandoned Property Act.

Legislative History

Senate Action

1/31

First Reading Judicial Proceedings

2/5

Hearing 2/27 at 1:00 p.m.

2/14

Hearing cancelled

Hearing 3/5 at 1:00 p.m.

3/10

Favorable Report by Judicial Proceedings

3/11

Favorable Report Adopted

Second Reading Passed

3/13

Third Reading Passed (46-0)

3/31

Returned Passed

5/22

Governor vetoed - Cross-filed bill was signed

House Action

3/14

First Reading Economic Matters

3/17

Hearing 3/20 at 1:00 p.m.

3/28

Favorable Report by Economic Matters

3/26

Favorable Report Adopted

Second Reading Passed

3/27

Third Reading Passed (134-0)

Bill indexed under the following Subjects:

ABANDONED PROPERTY

CREDIT

PERSONAL PROPERTY

Bill affects the following Statute:

Commercial Law

( 17-101 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)