MD SB507 | 2012 | Regular Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 8-3)
Status: Passed on May 22 2012 - 100% progression
Action: 2012-05-22 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]

Summary

Altering the interest rate payable by specified lending institutions on escrow accounts created in connection with loans secured by a first mortgage or first deed of trust on residential real property; requiring the interest rate to be adjusted under specified circumstances; altering the interest rate payable by banking institutions on interest bearing accounts instituted for a specific purpose; etc.

Tracking Information

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Title

Financial Institutions - Interest Payable on Escrow Accounts and Specific

Sponsors


Roll Calls

2012-03-31 - House - Third Reading Passed (Y: 136 N: 1 NV: 1 Abs: 3) [PASS]
2012-02-28 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2012-05-22 Approved by the Governor
2012-03-31 Third Reading Passed (136-1)
2012-03-30 Second Reading Passed
2012-03-30 Favorable Report Adopted
2012-04-04 Favorable Report by Economic Matters
2012-03-06 Hearing 3/20 at 1:00 p.m.
2012-02-29 First Reading Economic Matters
2012-03-31 Returned Passed
2012-02-28 Third Reading Passed (46-0)
2012-02-24 Second Reading Passed with Amendments
2012-02-24 Favorable with Amendments 727672/1 Report Adopted
2012-02-23 Favorable with Amendments Report by Finance
2012-02-03 Hearing 2/21 at 1:00 p.m.
2012-02-03 First Reading Finance

Subjects


Maryland State Sources


Bill Comments

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