MD SB898 | 2010 | Regular Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on May 20 2010 - 100% progression
Action: 2010-05-20 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]

Summary

Authorizing a credit grantor that makes a specified installment loan secured by a lien on a motor vehicle to a consumer borrower to require the consumer borrower to pay a balloon payment at maturity of the installment loan if the loan exceeds $30,000.

Tracking Information

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Title

Credit Regulation - Installment Loans Secured by Motor Vehicle Lien - Balloon

Sponsors


Roll Calls

2010-04-05 - Senate - Third Reading Passed (Y: 45 N: 1 NV: 0 Abs: 1) [PASS]
2010-03-19 - Senate - Third Reading Passed (Y: 43 N: 3 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2010-05-20 Approved by the Governor
2010-04-01 Third Reading Passed with Amendments (140-0)
2010-03-31 Second Reading Passed with Amendments
2010-03-31 Favorable with Amendments Report Adopted
2010-04-07 Favorable with Amendments Report by Economic Matters
2010-03-24 Hearing 4/6 at 1:00 p.m.
2010-03-20 First Reading Economic Matters
2010-04-05 Passed Enrolled
2010-04-05 Third Reading Passed (45-1)
2010-04-05 Senate Concur - House Amendments
2010-03-19 Third Reading Passed (43-3)
2010-03-17 Second Reading Passed with Amendments
2010-03-17 Favorable with Amendments Report Adopted
2010-03-15 Favorable with Amendments Report by Finance
2010-02-19 Hearing 3/2 at 1:00 p.m.
2010-02-19 Re-referred Finance
2010-02-15 First Reading Senate Rules

Subjects


Maryland State Sources


Bill Comments

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