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]
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.
Title
Commissioner of Financial Regulation - Student Education Loans - Ombudsman and Licensing of Servicers
Sponsors
| Sen. Brian Feldman [D] | Sen. Joanne Benson [D] | Sen. Guy Guzzone [D] | Sen. Susan Lee [D] |
| Sen. Richard Madaleno [D] | Sen. Douglas Peters [D] | Sen. Barbara Robinson [D] | Sen. Craig Zucker [D] |
Roll Calls
2018-01-12 - Senate - Senate Floor - Sustained (0-44) (Y: 1 N: 45 NV: 4 Abs: 1) [FAIL]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-04-05 | Senate | Recommitted to Finance (Senator Rosapepe) |
| 2018-04-05 | Senate | Favorable with Amendments {447670/1 |
| 2018-04-05 | Senate | Favorable with Amendments Report by Finance |
| 2018-02-22 | Senate | Hearing 2/22 at 1:00 p.m. |
| 2018-02-05 | Senate | First Reading Finance |
Subjects
Business Regulation and Occupations
Committees and Commissions
Consumer Protection
Criminal Background Investigations
Debt Collection
Debt Management
Disclosure
Education
Ethics
Exemptions
Fees
Financial Institutions
Financial Regulation, Division of
Higher Education
Identification
Investigations and Inquiries
Licenses
Loans
Notices
Ombudsmen
Postal Service
Records
Reports
Scholarships and Student Financial Aid
Students
Committees and Commissions
Consumer Protection
Criminal Background Investigations
Debt Collection
Debt Management
Disclosure
Education
Ethics
Exemptions
Fees
Financial Institutions
Financial Regulation, Division of
Higher Education
Identification
Investigations and Inquiries
Licenses
Loans
Notices
Ombudsmen
Postal Service
Records
Reports
Scholarships and Student Financial Aid
Students
