MD HB574 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 24 2024 - 25% progression, died in committee
Action: 2024-01-29 - Hearing 2/20 at 1:00 p.m.
Pending: House Economic Matters Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 24 2024 - 25% progression, died in committee
Action: 2024-01-29 - Hearing 2/20 at 1:00 p.m.
Pending: House Economic Matters Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Regulating commercial financing transactions, including by establishing requirements related to disclosures, calculations of annual percentage rates, terms of repayments, and other related items, and the extension of specific offers.
Title
Commercial Financing - Small Business Truth in Lending Act
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-29 | House | Hearing 2/20 at 1:00 p.m. |
| 2024-01-29 | House | Hearing canceled |
| 2024-01-29 | House | Hearing 1/29 at 1:00 p.m. |
| 2024-01-24 | House | First Reading Economic Matters |
Same As/Similar To
SB509 (Crossfiled) 2024-03-01 - Referred Economic Matters
Subjects
Commerce and Business
Contracts
Credit
Data
Debt Management
Disclosure
Equipment
Federal Government
Fees
Finance Companies
Financial Institutions
Financial Regulation, Division of
Fines
Goods and Services
Interest
Loans
Penalties and Sentences
Reports
Restitution
Rules and Regulations
Security Interests
Signatures
Time
Contracts
Credit
Data
Debt Management
Disclosure
Equipment
Federal Government
Fees
Finance Companies
Financial Institutions
Financial Regulation, Division of
Fines
Goods and Services
Interest
Loans
Penalties and Sentences
Reports
Restitution
Rules and Regulations
Security Interests
Signatures
Time
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Financial Institutions | 12 | 1201 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1202 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1203 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1204 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1205 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1206 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1207 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1208 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1209 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1210 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1211 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1212 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1213 | (n/a) | See Bill Text |
| Financial Institutions | 12 | 1214 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0574?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb0574f.pdf |
