MD SB251 | 2021 | Regular Session
Status
Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on April 13 2021 - 100% progression
Action: 2021-04-13 - Approved by the Governor - Chapter 101
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Committee Bill
Status: Passed on April 13 2021 - 100% progression
Action: 2021-04-13 - Approved by the Governor - Chapter 101
Text: Latest bill text (Chaptered) [PDF]
Summary
Providing for the elimination of certain paper licenses for collection agencies, credit services, lenders, installment lenders, mortgage lenders, mortgage loan originators, sales finance companies, check cashing services, money transmission businesses, and debt management services; providing for the licensing of certain persons for certain activities through the Nationwide Mortgage Licensing System and Registry (NMLS); requiring that certain licenses provided for through NMLS include certain information; etc.
Title
Commissioner of Financial Regulation - Licensing of Nondepository Institutions - Elimination of Paper License Requirements
Sponsors
Roll Calls
2021-03-30 - House - Third Reading Passed (Y: 135 N: 0 NV: 1 Abs: 5) [PASS]
2021-02-16 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2021-02-16 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
Date | Chamber | Action |
---|---|---|
2021-04-13 | Senate | Approved by the Governor - Chapter 101 |
2021-03-31 | Senate | Returned Passed |
2021-03-30 | House | Third Reading Passed (135-0) |
2021-03-30 | House | Favorable Adopted Second Reading Passed |
2021-03-28 | House | Favorable Report by Economic Matters |
2021-03-16 | House | Hearing 3/24 at 1:30 p.m. |
2021-02-18 | House | Referred Economic Matters |
2021-02-16 | Senate | Third Reading Passed (46-0) |
2021-02-10 | Senate | Second Reading Passed |
2021-02-10 | Senate | Favorable Adopted |
2021-02-09 | Senate | Favorable Report by Finance |
2021-01-18 | Senate | Hearing 2/02 at 1:00 p.m. |
2021-01-18 | Senate | Hearing canceled |
2020-12-23 | Senate | Hearing 1/20 at 1:00 p.m. |
2021-01-13 | Senate | First Reading Finance |
2020-09-22 | Senate | Pre-filed |
Subjects
Business Regulation and Occupations
Commercial Law - Generally
Consumer Protection
Credit
Debt Collection
Debt Management
Electronic Commerce
Electronic Funds Transfer
Finance Companies
Financial Institutions
Identification
internet
Licenses
Loans
Mortgages
Names
Notices
Commercial Law - Generally
Consumer Protection
Credit
Debt Collection
Debt Management
Electronic Commerce
Electronic Funds Transfer
Finance Companies
Financial Institutions
Identification
internet
Licenses
Loans
Mortgages
Names
Notices