File Code: Commercial Law - Credit Regulation
Crossfiled with: HOUSE BILL 799
- Sponsored By:
-
Senators Kramer, Astle, DeGrange, Della, Forehand, Garagiola, Harrington,
Kelley, King, Klausmeier, Madaleno, Peters, and Pugh
- Entitled:
-
Reverse Mortgage Homeowners Protection Act
Providing that specified provisions of the Act do not require a lender
that offers to make a reverse mortgage loan to offer a reverse
mortgage loan with specified payment plans or to a specified borrower;
requiring specified lenders and arrangers of financing to conform to
the requirements of specified federal laws and guidelines under
specified circumstances; providing that specified reverse mortgage
loans are not subject to specified federal laws or guidelines; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/15
- First Reading Senate Rules
- 2/19
- Re-referred Finance
- Hearing 3/2 at 1:00 p.m.
- 2/22
- Hearing cancelled
- 2/25
- Hearing 3/16 at 1:00 p.m.
- 3/15
- Hearing cancelled
- Hearing 3/23 at 1:00 p.m.
- 4/7
- Favorable with Amendments Report by Finance
- 4/3
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/4
- Third Reading Passed (47-0)
- 4/8
- Returned Passed
House Action
- 4/1
- First Reading House Rules and Executive Nominations
- 4/10
- Re-referred Economic Matters
- 4/12
- Favorable Report by Economic Matters
- 4/5
- Favorable Report Adopted
- Second Reading Passed
- 4/6
- Third Reading Passed (140-0)
Action after passage in Senate and House
- 5/20
- Approved by the Governor
- - Chapter 622
Sponsored by:
- Senator Rona E. Kramer, District 14
- Senator John C. Astle, District 30
- Senator James E. DeGrange, Sr., District 32
- Senator George W. Della, Jr., District 46
- Senator Jennie M. Forehand, District 17
- Senator Rob Garagiola, District 15
- Senator David C. Harrington, District 47
- Senator Delores G. Kelley, District 10
- Senator Nancy J. King, District 39
- Senator Katherine Klausmeier, District 8
- Senator Richard S. Madaleno, Jr., District 18
- Senator Douglas J. J. Peters, District 23
- Senator Catherine E. Pugh, District 40
Bill indexed under the following Subjects:
- Civil Actions -see also- Small Claims
- Consumer Protection -see also- Unfair Trade Practices
- Counselors -see also- Social Workers
- Crimes and Punishments -see also- Penalties and Sentnc; etc.
- Disclosure
- Federal Government
- Fees -see also- Attys` Fees; Devt Fees & Taxes; Reimb Rates.
- Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
- Interest
- Loans -see also- Mortgages
- Long-Term Care -see also- Continuing Care; Nursing Homes
- Mortgages
- Notices
- Penalties and Sentences -see also- Death Penalty
- Records -see also- Land Records; Vital Records
- Security Interests -see also- Liens; Mechanics` Liens
- Statutes of Limitation
- Unfair Trade Practices
Bill affects the following Statutes:
- Commercial Law
- (
12-1201 ,
12-1202 ,
12-1203 ,
12-1204 ,
12-1205 ,
12-1206 ,
12-1207 ,
12-1208
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled, Chapter
- Fiscal and Policy Note:
Available
- Amendments:
Senate
- Number: 527473/01 Offered on: April 7, 2010 at:
1:11 p.m. Status: Adopted
-
Committee Votes :
Senate
- Finance
House
- Economic Matters
- Roll Call Votes (Legislative dates are shown):
Senate
- April 4, 2010: Third Reading Passed (47-0)
House
- April 6, 2010: Third Reading Passed (140-0)
