MD SB670 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on February 4 2019 - 25% progression
Action: 2019-03-18 - Favorable with Amendments Report by Finance
Text: Latest bill text (Introduced) [PDF]

Summary

Prohibiting a student loan servicer from employing any scheme, device, or artifice to mislead a student loan borrower; prohibiting a student loan servicer from engaging in any unfair, abusive, or deceptive trade practice toward any person; prohibiting a student loan servicer from knowingly or recklessly misapplying or refusing to correct a misapplication of a certain payment; requiring a student loan servicer to respond to a certain inquiry or complaint in a certain manner; etc.

Tracking Information

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Title

Financial Institutions - Student Loan Servicers - Unfair, Abusive, or Deceptive Trade Practices

Sponsors


History

DateChamberAction
2019-03-18SenateFavorable with Amendments Report by Finance
2019-03-08SenateHearing 3/12 at 9:00 a.m.
2019-03-08SenateHearing canceled
2019-02-11SenateHearing 3/12 at 1:00 p.m.
2019-02-04SenateFirst Reading Finance

Subjects


Maryland State Sources


Bill Comments

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