MD HB379 | 2011 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 5-0)
Status: Passed on May 19 2011 - 100% progression
Action: 2011-05-19 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 5-0)
Status: Passed on May 19 2011 - 100% progression
Action: 2011-05-19 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Summary
Clarifying the circumstances under which a vendor or builder of a new single-family residential unit is required to deposit money in an escrow account or obtain and maintain a surety bond or irrevocable letter of credit; authorizing the vendor or builder to make withdrawals from an escrow account under specified circumstances; providing that a banking institution or national banking association at which an escrow account is maintained is not responsible for a withdrawal from the escrow account under specified circumstances; etc.
Title
Real Property - Deposits on New Homes - Escrow Accounts
Sponsors
| Del. James Gilchrist [D] | Del. Cheryl Glenn [D] | Del. Anne Healey [D] | Del. Doyle Niemann [D] |
| Del. C.T. Wilson [D] |
Roll Calls
2011-04-04 - House - Third Reading Passed (Y: 138 N: 0 NV: 0 Abs: 3) [PASS]
2011-03-31 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2011-03-03 - House - Third Reading Passed (Y: 138 N: 0 NV: 0 Abs: 3) [PASS]
2011-03-31 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2011-03-03 - House - Third Reading Passed (Y: 138 N: 0 NV: 0 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2011-05-19 | Approved by the Governor | |
| 2011-03-31 | Third Reading Passed with Amendments (46-0) | |
| 2011-03-30 | Second Reading Passed with Amendments | |
| 2011-03-30 | Favorable with Amendments Report Adopted | |
| 2011-04-01 | Favorable with Amendments Report by Judicial Proceedings | |
| 2011-03-04 | First Reading Judicial Proceedings | |
| 2011-04-04 | Passed Enrolled | |
| 2011-04-04 | Third Reading Passed (138-0) | |
| 2011-04-04 | House Concur - Senate Amendments | |
| 2011-03-03 | Third Reading Passed (138-0) | |
| 2011-03-01 | Second Reading Passed with Amendments | |
| 2011-03-01 | Favorable with Amendments Report Adopted | |
| 2011-02-28 | Favorable with Amendments Report by Environmental Matters | |
| 2011-02-07 | Hearing 2/17 at 1:00 p.m. | |
| 2011-02-03 | First Reading Environmental Matters |
Subjects
Banks and Trust Companies
Bonds
Construction
Consumer Protection
Contractors
Escrow Accounts
Housing
Liability
Security Deposits
Bonds
Construction
Consumer Protection
Contractors
Escrow Accounts
Housing
Liability
Security Deposits
