MD SB901 | 2012 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
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 definition of "debt cancellation agreement", for purposes of specified provisions of law governing retail installment sales and closed end credit, to include, under specified circumstances, an agreement under which the outstanding balance of a loan is reduced by the actual cash value of a motor vehicle or of specified collateral at the time of loss; altering the definitions of "outstanding balance" and "remaining loan balance" to exclude deferred payments and a specified portion of any financed taxes and charges; etc.

Tracking Information

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Title

Credit Regulation - Retail Installment Sales and Closed End Credit - Debt

Sponsors


Roll Calls

2012-04-02 - House - Third Reading Passed (Y: 131 N: 0 NV: 2 Abs: 8) [PASS]
2012-04-02 - Senate - Third Reading Passed (Y: 44 N: 1 NV: 1 Abs: 1) [PASS]
2012-03-24 - Senate - Third Reading Passed (Y: 25 N: 20 NV: 1 Abs: 1) [PASS]
2012-03-23 - Senate - Floor Amendment (Raskin) {343427/1 Adopted (Y: 41 N: 5 NV: 1 Abs: 0) [PASS]
2012-03-23 - Senate - Floor Amendment (Raskin) {543723/1 Adopted (Y: 29 N: 18 NV: 0 Abs: 0) [PASS]
2012-03-23 - Senate - Floor Amendment (Raskin) {703922/1 Rejected (Y: 21 N: 26 NV: 0 Abs: 0) [FAIL]

History

DateChamberAction
2012-05-22 Approved by the Governor
2012-04-02 Third Reading Passed with Amendments (131-0)
2012-03-31 Second Reading Passed with Amendments
2012-03-31 Favorable with Amendments 473896/1 Report Adopted
2012-04-05 Favorable with Amendments Report by Economic Matters
2012-03-30 Re-referred Economic Matters
2012-03-26 First Reading House Rules and Executive Nominations
2012-04-02 Passed Enrolled
2012-04-02 Third Reading Passed (44-1)
2012-04-02 Senate Concur - House Amendment
2012-03-24 Third Reading Passed (25-20)
2012-03-23 Second Reading Passed with Amendments
2012-03-23 Floor Amendment (Senator Raskin) 343427/1 Adopted (41-5)
2012-03-23 Floor Amendment (Senator Raskin) 543723/1 Adopted (29-18)
2012-03-23 Floor Amendment (Senator Raskin) 703922/1 Rejected (21-26)
2012-03-23 Special Order until later today (Senator Middleton) Adopted
2012-03-23 Floor Amendment (Senator Raskin) 703922/1
2012-03-22 Special Order until 3/27 (Senator Middleton) Adopted
2012-03-22 Floor Amendment (Senator Raskin) 703922/1
2012-03-22 Favorable with Amendments 877273/1 Report Adopted
2012-03-20 Special Order until 3/26 (Senator Raskin) Adopted
2012-03-20 Favorable with Amendments 877273/1
2012-03-20 Special Order until p.m. session (Senator Raskin) Adopted
2012-03-20 Favorable with Amendments 877273/1
2012-03-19 Laid Over (Senator Frosh) Adopted
2012-03-19 Favorable with Amendments 877273/1
2012-03-22 Favorable with Amendments Report by Finance
2012-02-20 Hearing 3/13 at 1:00 p.m.
2012-02-10 Re-referred Finance
2012-02-08 First Reading Senate Rules

Subjects


Maryland State Sources


Bill Comments

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