MD HB1150 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 8 2023 - 100% progression
Action: 2023-05-08 - Approved by the Governor - Chapter 568
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 8 2023 - 100% progression
Action: 2023-05-08 - Approved by the Governor - Chapter 568
Text: Latest bill text (Chaptered) [PDF]
Summary
Making certain shared appreciation agreements subject to the Maryland Mortgage Lender Law and other provisions of law that regulate certain loans of single extensions of closed end credit and revolving credit plans; and authorizing the Commissioner of Financial Regulation to adopt certain regulations regarding the enforcement of and compliance with provisions of law that regulate shared appreciation agreements.
Title
Commercial Law and Financial Institutions - Credit Regulation - Shared Appreciation Agreements
Sponsors
Roll Calls
2023-04-05 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 1 Abs: 1) [PASS]
2023-03-20 - House - Third Reading Passed (Y: 132 N: 0 NV: 4 Abs: 4) [PASS]
2023-03-20 - House - Third Reading Passed (Y: 132 N: 0 NV: 4 Abs: 4) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-05-08 | House | Approved by the Governor - Chapter 568 |
| 2023-04-05 | House | Returned Passed |
| 2023-04-05 | Senate | Third Reading Passed (45-0) |
| 2023-03-31 | Senate | Second Reading Passed |
| 2023-03-31 | Senate | Favorable Adopted |
| 2023-03-31 | Senate | Favorable Report by Finance |
| 2023-03-21 | Senate | Hearing 3/23 at 1:00 p.m. |
| 2023-03-20 | Senate | Referred Finance |
| 2023-03-20 | House | Third Reading Passed (132-0) |
| 2023-03-17 | House | Second Reading Passed |
| 2023-03-15 | House | Motion Special Order until 3/16 (Delegate Hartman) Adopted |
| 2023-03-15 | House | Favorable Adopted |
| 2023-03-14 | House | Favorable Report by Economic Matters |
| 2023-02-10 | House | Hearing 3/01 at 1:00 p.m. |
| 2023-02-10 | House | First Reading Economic Matters |
Subjects
Commercial Law - Credit Regulation
Credit
Death
Financial Institutions
Financial Regulation, Division of
Loans
Mortgages
Real Estate
Residential Property
Rules and Regulations
Time
Transfer of Goods
Credit
Death
Financial Institutions
Financial Regulation, Division of
Loans
Mortgages
Real Estate
Residential Property
Rules and Regulations
Time
Transfer of Goods
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Commercial Law | 12 | 1001 | (n/a) | See Bill Text |
| Commercial Law | 12 | 1013 | (n/a) | See Bill Text |
| Commercial Law | 12 | 1030 | (n/a) | See Bill Text |
| Commercial Law | 12 | 901 | (n/a) | See Bill Text |
| Commercial Law | 12 | 913.1 | (n/a) | See Bill Text |
| Commercial Law | 12 | 922 | (n/a) | See Bill Text |
| Commercial Law | 12 | 926 | (n/a) | See Bill Text |
| Financial Institutions | 11 | 501 | (n/a) | See Bill Text |
