MD SB741 | 2011 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on May 10 2011 - 100% progression
Action: 2011-05-10 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on May 10 2011 - 100% progression
Action: 2011-05-10 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Summary
Prohibiting a person from providing debt settlement services in the State unless the person is registered as a debt settlement services provider with the Commissioner of Financial Regulation or is exempt; prohibiting a registrant from charging a debt settlement services fee until after specified actions have taken place; requiring that a debt settlement services agreement include specified information and disclosures; providing that a violation of the Act is an unfair or deceptive trade practice; terminating the Act on June 30, 2015; etc.
Title
Commercial Law - Debt Settlement Services
Sponsors
Roll Calls
2011-04-08 - House - Third Reading Passed (Y: 125 N: 15 NV: 1 Abs: 0) [PASS]
2011-04-07 - Senate - Third Reading Passed (Y: 44 N: 0 NV: 1 Abs: 2) [PASS]
2011-04-03 - House - Third Reading Passed (Y: 96 N: 39 NV: 3 Abs: 3) [PASS]
2011-03-26 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2011-04-07 - Senate - Third Reading Passed (Y: 44 N: 0 NV: 1 Abs: 2) [PASS]
2011-04-03 - House - Third Reading Passed (Y: 96 N: 39 NV: 3 Abs: 3) [PASS]
2011-03-26 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2011-05-10 | Approved by the Governor | |
| 2011-04-08 | Third Reading Passed (125-15) | |
| 2011-04-08 | Conference Committee Report Adopted | |
| 2011-04-05 | Delegates Vaughn, Stifler, and Barnes | |
| 2011-04-05 | Conference Committee Appointed | |
| 2011-04-05 | House Refuses to Recede | |
| 2011-04-03 | Third Reading Passed with Amendments (96-39) | |
| 2011-04-02 | Second Reading Passed with Amendments | |
| 2011-04-02 | Favorable with Amendments Report Adopted | |
| 2011-04-06 | Favorable with Amendments Report by Economic Matters | |
| 2011-03-27 | First Reading Economic Matters | |
| 2011-04-08 | Passed Enrolled | |
| 2011-04-07 | Third Reading Passed (44-0) | |
| 2011-04-07 | Conference Committee Report Adopted | |
| 2011-04-04 | Senators Middleton, Pugh, and Kittleman | |
| 2011-04-04 | Conference Committee Appointed | |
| 2011-04-04 | Senate Requests House Recede | |
| 2011-04-04 | Senate Refuses to Concur - House Amendments | |
| 2011-03-26 | Third Reading Passed (46-0) | |
| 2011-03-25 | Second Reading Passed with Amendments | |
| 2011-03-25 | Favorable with Amendments Report Adopted | |
| 2011-03-25 | Favorable with Amendments Report by Finance | |
| 2011-02-09 | Hearing 3/1 at 1:00 p.m. | |
| 2011-02-04 | First Reading Finance |
Subjects
Advertising
Bonds
Consumer Protection
Contracts
Debt Collection
Debt Management
Disclosure
Fees
Financial Regulation, Division of
Penalties and Sentences
Registration
Reports
Revenue and Taxes
Rules and Regulations
Sunset
Unfair Trade Practices
Bonds
Consumer Protection
Contracts
Debt Collection
Debt Management
Disclosure
Fees
Financial Regulation, Division of
Penalties and Sentences
Registration
Reports
Revenue and Taxes
Rules and Regulations
Sunset
Unfair Trade Practices
