File Code: Financial Institutions
Crossfiled with: SENATE BILL 741
- Sponsored By:
-
Delegates Vaughn, Barkley, Bobo, Braveboy, Harrison, Hucker, Jameson,
Kramer, Love, Minnick, Niemann, Olszewski, and Washington
- Entitled:
-
Commercial Law - Debt Settlement Services
Prohibiting a person from providing debt settlement services in the
State unless the person is registered as a debt settlement services
provider with the Commissioner of Financial Regulation or is exempt;
prohibiting a registrant from charging a debt settlement services fee
until after specified actions have taken place; requiring that a debt
settlement services agreement include specified information and
disclosures; providing that a violation of the Act is an unfair or
deceptive trade practice; terminating the Act on June 30, 2015; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
House Action
- 2/11
- First Reading Economic Matters
- 2/14
- Hearing 3/3 at 1:00 p.m.
- 3/25
- Favorable with Amendments Report by Economic Matters
- 3/23
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/25
- Third Reading Passed (102-34)
- 4/8
- House Concur - Senate Amendments
- Third Reading Passed (111-30)
- Passed Enrolled
Senate Action
- 3/25
- First Reading Finance
- 3/29
- Hearing 3/31 at 1:00 p.m.
- 4/8
- Favorable with Amendments Report by Finance
- 4/5
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/6
- Third Reading Passed with Amendments (46-0)
Action after passage in House and Senate
- 5/10
- Approved by the Governor
- - Chapter 281
Sponsored by:
- Delegate Michael L. Vaughn, District 24
- Delegate Charles Barkley, District 39
- Delegate Elizabeth Bobo, District 12B
- Delegate Aisha N. Braveboy, District 25
- Delegate Hattie N. Harrison, District 45
- Delegate Tom Hucker, District 20
- Delegate Sally Jameson, District 28
- Delegate Benjamin F. Kramer, District 19
- Delegate Mary Ann E. Love, District 32
- Delegate Joseph J. Minnick, District 6
- Delegate Doyle L. Niemann, District 47
- Delegate John A. Olszewski, Jr., District 6
- Delegate Mary L. Washington, District 43
Bill indexed under the following Subjects:
- Advertising
- Bonds -see also- County & Baltimore City Bonds; State Bonds.
- Consumer Protection -see also- Unfair Trade Practices
- Contracts -see also- Land Installment Contracts; Procurement
- Debt Collection -see also- Attachments and Garnishments
- Debt Management
- Disclosure
- Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.
- Financial Regulation, Division of
- Penalties and Sentences -see also- Death Penalty
- Registration -see also- Motor Vehicle Registration
- Reports
- Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.
- Rules and Regulations
- Sunset
- Unfair Trade Practices
Bill affects the following Statutes:
- Commercial Law
- (
13-301 ,
13-301 ,
13-301
)
- Financial Institutions
- (
12-905 ,
12-1001 ,
12-1002 ,
12-1003 ,
12-1004 ,
12-1005 ,
12-1006 ,
12-1007 ,
12-1008 ,
12-1009 ,
12-1010 ,
12-1011 ,
12-1012 ,
12-1013 ,
12-1014 ,
12-1015 ,
12-1016 ,
12-1017
)
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:
House
- Number: 103499/01 Offered on: March 25, 2011 at:
12:13 p.m. Status: Adopted
Senate
- Number: 227875/01 Offered on: April 9, 2011 at:
1:36 p.m. Status: Adopted
-
Committee Votes :
House
- Economic Matters
Senate
- Finance
- Roll Call Votes (Legislative dates are shown):
House
- March 25, 2011: Third Reading Passed (102-34)
- April 8, 2011: Third Reading Passed (111-30)
Senate
- April 6, 2011: Third Reading Passed (46-0)
