File Code: Commercial Law - Credit Regulation
- Sponsored By:
-
Senators Lenett, Harrington, King, Madaleno, Pugh, Raskin, and Rosapepe
- Entitled:
-
Credit Regulation - Loans Secured by Residential Real Property - Late or
Delinquency Charges and Crediting of Payments
Requiring all payments or portions of payments made on a specified
consumer loan during a grace period to be credited to principal and
interest due on the scheduled payment; prohibiting a late or
delinquency charge from being charged on a specified consumer loan
unless a scheduled payment is not paid in full during the grace
period; altering the contents of a notice of intent to foreclose on
residential property; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/12
- First Reading Senate Rules
- 2/19
- Re-referred Finance & Judicial Proceedings
- Hearing 3/2 at 1:00 p.m. (Finance)
- 2/22
- Hearing cancelled (Finance)
- 3/3
- Hearing 3/17 at 1:00 p.m. (Finance)
- 4/9
- Unfavorable Report by Finance
House Action
- No Action
Sponsored by:
- Senator Mike Lenett, District 19
- Senator David C. Harrington, District 47
- Senator Nancy J. King, District 39
- Senator Richard S. Madaleno, Jr., District 18
- Senator Catherine E. Pugh, District 40
- Senator Jamie Raskin, District 20
- Senator Jim Rosapepe, District 21
Bill indexed under the following Subjects:
- Consumer Protection -see also- Unfair Trade Practices
- Fees -see also- Attys` Fees; Devt Fees & Taxes; Reimb Rates.
- Foreclosure
- Loans -see also- Mortgages
- Mortgages
- Notices
- Real Property
Bill affects the following Statutes:
- Commercial Law
- (
12-1008
)
- Real Property
- (
7-105.1
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered
-
Committee Votes :
Senate
- Finance
- Judicial Proceedings
