MD SB1012 | 2018 | Regular Session

Status

Sponsorship: Partisan Bill (Democrat 8)
Status: Introduced on February 5 2018 - 25% progression, died in chamber
Action: 2018-04-05 - Recommitted to Finance (Senator Rosapepe)
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring the Commissioner of Financial Regulation to designate an individual to serve as the Student Loan Ombudsman; establishing the duties and responsibilities of the Student Loan Ombudsman; requiring the Ombudsman, in consultation with the Commissioner, to establish a certain student loan borrower education course with certain requirements; prohibiting a person from engaging in student education loan servicing unless the person is licensed by the Commissioner or is exempt from licensing; establishing application requirements; etc.

Tracking Information

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Title

Commissioner of Financial Regulation - Student Education Loans - Ombudsman and Licensing of Servicers

Sponsors


Roll Calls

2018-01-12 - Senate - Senate Floor - Sustained (0-44) (Y: 1 N: 45 NV: 4 Abs: 1) [FAIL]

History

DateChamberAction
2018-04-05SenateRecommitted to Finance (Senator Rosapepe)
2018-04-05SenateFavorable with Amendments {447670/1
2018-04-05SenateFavorable with Amendments Report by Finance
2018-02-22SenateHearing 2/22 at 1:00 p.m.
2018-02-05SenateFirst Reading Finance

Subjects


Maryland State Sources


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