MD HB1027 | 2012 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on May 22 2012 - 100% progression
Action: 2012-05-22 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]

Summary

Altering the definition of "debt cancellation agreement", for purposes of specified provisions of law governing retail installment sales and closed end credit, to include, under specified circumstances, an agreement under which the outstanding balance of a loan is reduced by the actual cash value of a motor vehicle or of specified collateral at the time of loss; altering the definitions of "outstanding balance" and "remaining loan balance" to exclude deferred payments and a specified portion of any financed taxes and charges; etc.

Tracking Information

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Title

Credit Regulation - Retail Installment Sales and Closed End Credit - Debt

Sponsors


Roll Calls

2012-04-01 - House - Third Reading Passed (Y: 136 N: 2 NV: 0 Abs: 3) [PASS]
2012-03-30 - Senate - Third Reading Passed (Y: 45 N: 1 NV: 0 Abs: 1) [PASS]
2012-03-19 - House - Third Reading Passed (Y: 136 N: 0 NV: 3 Abs: 2) [PASS]

History

DateChamberAction
2012-05-22 Approved by the Governor
2012-03-30 Third Reading Passed with Amendments (45-1)
2012-03-29 Second Reading Passed with Amendments
2012-03-29 Favorable with Amendments 207575/1 Report Adopted
2012-04-04 Favorable with Amendments Report by Finance
2012-03-26 Hearing 3/28 at 1:00 p.m.
2012-03-20 First Reading Finance
2012-04-01 Passed Enrolled
2012-04-01 Third Reading Passed (136-2)
2012-04-01 House Concur - Senate Amendments
2012-03-19 Third Reading Passed (136-0)
2012-03-18 Second Reading Passed with Amendments
2012-03-18 Favorable with Amendments 583294/1 Report Adopted
2012-03-21 Favorable with Amendments Report by Economic Matters
2012-02-13 Hearing 2/28 at 1:00 p.m.
2012-02-10 First Reading Economic Matters

Subjects


Maryland State Sources


Bill Comments

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