Maryland House Bill 1073 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 10 2012 - 25% progression, died in committee
Action: 2012-02-15 - Hearing 3/14 at 1:00 p.m.
Pending: House Economic Matters Committee
Text: Latest bill text (Introduced) [PDF]

Increasing the amount that a person may recover for each claim against the Real Estate Guaranty Fund to $35,000; providing that interest on the amount paid by the Guaranty Fund does not begin to accrue for 3 months; decreasing to 6% the interest rate charged to a licensee if the licensee has entered into a specified repayment plan; requiring the State Real Estate Commission to allow a licensee, on request, to enter into a plan to repay the Guaranty Fund within a reasonable period of time, not exceeding 4 years; etc.

Real Estate Brokers - Guaranty Fund - Claims and Repayment

Del. Jeannie Haddaway-Riccio [D]

Date	Chamber	Action
2012-02-15		Hearing 3/14 at 1:00 p.m.
2012-02-10		First Reading Economic Matters

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/HB1073.htm
Text	http://mlis.state.md.us/2012rs/bills/hb/hb1073f.pdf