MD HB958 | 2021 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 2 2021 - 25% progression, died in chamber
Action: 2021-03-03 - Unfavorable Report by Economic Matters
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2021 - 25% progression, died in chamber
Action: 2021-03-03 - Unfavorable Report by Economic Matters
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibiting a pawnbroker, or other lending agent acting on behalf of a pawnbroker, from converting more than 10% of interest charged on a pawn transaction into a fee collectible by the pawnbroker within a 30-day period of time, beginning on the date of the conversion, within the term of the pawn transaction; etc.
Title
Business Regulation - Pawnbrokers and Pawn Transactions - Limitation on Conversion of Interest to Fees
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-03-03 | House | Unfavorable Report by Economic Matters |
| 2021-02-08 | House | Hearing 2/16 at 1:30 p.m. |
| 2021-02-02 | House | First Reading Economic Matters |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Business Regulation | 12 | 105 | (n/a) | See Bill Text |
