MD SB943 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 20 2023 - 25% progression, died in committee
Action: 2023-02-20 - First Reading Senate Rules
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 20 2023 - 25% progression, died in committee
Action: 2023-02-20 - First Reading Senate Rules
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Exempting mortgage loans made by community development financial institutions from certain requirements to verify the borrower's ability to repay.
Title
Commercial Law - Ability to Repay Verification - Exemption
Sponsors
History
Date | Chamber | Action |
---|---|---|
2023-02-20 | Senate | First Reading Senate Rules |
Same As/Similar To
HB400 (Crossfiled) 2023-03-19 - Hearing 3/22 at 1:00 p.m.
Subjects
Commercial Law - Credit Regulation
Community Development
Credit
Financial Institutions
Housing
Housing and Community Development, Department of
Loans
Mortgages
Community Development
Credit
Financial Institutions
Housing
Housing and Community Development, Department of
Loans
Mortgages
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Commercial Law | 12 | 1029 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0943?ys=2023RS |
Text | https://mgaleg.maryland.gov/2023RS/bills/sb/sb0943f.pdf |