MD HB594 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Strong Partisan Bill (Democrat 13-1)
Status: Passed on May 13 2019 - 100% progression
Action: 2019-05-13 - Approved by the Governor - Chapter 546
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Strong Partisan Bill (Democrat 13-1)
Status: Passed on May 13 2019 - 100% progression
Action: 2019-05-13 - Approved by the Governor - Chapter 546
Text: Latest bill text (Chaptered) [PDF]
Summary
Prohibiting a student loan servicer from employing any scheme, device, or artifice to mislead a student loan borrower; prohibiting a student loan servicer from engaging in any unfair, abusive, or deceptive trade practice; prohibiting a student loan servicer from knowingly misapplying or refusing to correct a misapplication of payments; requiring a student loan servicer to respond to an inquiry within 30 days of receiving the inquiry or complaint; authorizing the Commissioner of Financial Regulation to enforce the Act; etc.
Title
Financial Institutions - Student Loan Servicers - Unfair, Abusive, or Deceptive Trade Practices
Sponsors
Roll Calls
2019-03-29 - Senate - Senate Floor - Third Reading Passed (45-0) (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]
2019-03-19 - House - House Floor - Third Reading Passed (105-32) (Y: 105 N: 32 NV: 1 Abs: 3) [PASS]
2019-03-19 - House - House Floor - Third Reading Passed (105-32) (Y: 105 N: 32 NV: 1 Abs: 3) [PASS]
History
Date | Chamber | Action |
---|---|---|
2019-05-13 | House | Approved by the Governor - Chapter 546 |
2019-04-04 | House | Returned Passed |
2019-04-04 | Senate | Third Reading Passed (45-0) |
2019-04-03 | Senate | Second Reading Passed |
2019-04-03 | Senate | Favorable Report Adopted |
2019-04-03 | Senate | Favorable Report by Finance |
2019-03-29 | Senate | Rereferred to Finance |
2019-03-28 | Senate | First Reading Senate Rules |
2019-03-27 | House | Third Reading Passed (105-32) |
2019-03-26 | House | Second Reading Passed with Amendments |
2019-03-26 | House | Favorable with Amendments {843499/1 Report Adopted |
2019-03-26 | House | Favorable with Amendments Report by Economic Matters |
2019-02-05 | House | Hearing 2/20 at 1:00 p.m. |
2019-02-04 | House | First Reading Economic Matters |
Subjects
Agents and Brokers
Claims
Commercial Law - Consumer Protection
Communications
Consumer Protection
Crimes and Punishments
Data
Debt Collection
Disclosure
Education
Fees
Financial Institutions
Forms
Fraud
Higher Education
Investigations and Inquiries
Loans
Notices
Ombudsmen
Penalties and Sentences
Records
Reports
Residency
Revenue and Taxes
Scholarships and Student Financial Aid
Signatures
Students
Time
Unfair Trade Practices
Claims
Commercial Law - Consumer Protection
Communications
Consumer Protection
Crimes and Punishments
Data
Debt Collection
Disclosure
Education
Fees
Financial Institutions
Forms
Fraud
Higher Education
Investigations and Inquiries
Loans
Notices
Ombudsmen
Penalties and Sentences
Records
Reports
Residency
Revenue and Taxes
Scholarships and Student Financial Aid
Signatures
Students
Time
Unfair Trade Practices