MD HB223 | 2024 | Regular Session
Note: Carry Over of previous HB400
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on February 22 2024 - 50% progression, died in chamber
Action: 2024-04-05 - Motion Special Order until Later Today (Senator Hayes) Adopted
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on February 22 2024 - 50% progression, died in chamber
Action: 2024-04-05 - Motion Special Order until Later Today (Senator Hayes) Adopted
Text: Latest bill text (Engrossed) [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 - Mortgage Loans - Verification of Ability to Repay
Sponsors
Roll Calls
2024-02-22 - House - Third Reading Passed (Y: 110 N: 28 NV: 0 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-05 | Senate | Motion Special Order until Later Today (Senator Hayes) Adopted |
| 2024-04-05 | Senate | Motion Reconsider Special Order by Senator Bailey (Senator Rosapepe) Adopted |
| 2024-04-05 | Senate | Motion Special Order until Later Today (Senator Bailey) Adopted |
| 2024-04-04 | Senate | Motion Special Order until 4/5 (Senator West) Adopted |
| 2024-04-04 | Senate | Committee Amendment Adopted |
| 2024-04-04 | Senate | Favorable with Amendments {873628/1 |
| 2024-04-04 | Senate | Favorable with Amendments Report by Finance |
| 2024-03-15 | Senate | Hearing 3/20 at 1:00 p.m. |
| 2024-02-26 | Senate | Referred Finance |
| 2024-02-22 | House | Third Reading Passed (110-28) |
| 2024-02-20 | House | Favorable Adopted Second Reading Passed |
| 2024-02-19 | House | Favorable Report by Economic Matters |
| 2024-01-16 | House | Hearing 1/30 at 1:00 p.m. |
| 2024-01-10 | House | First Reading Economic Matters |
| 2023-10-09 | House | Pre-filed |
Same As/Similar To
HB400 (Carry Over) 2023-03-19 - Hearing 3/22 at 1:00 p.m.
Subjects
Commercial Law - Credit Regulation
Community Development
Credit
Financial Institutions
Housing
Loans
Mortgages
Community Development
Credit
Financial Institutions
Housing
Loans
Mortgages
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Commercial Law | 12 | 1029 | (n/a) | See Bill Text |
