2008 Regular Session


File Code: Commercial Law - Credit Regulation
Sponsored By:
Delegate Feldman
Credit Regulation - Debt Settlement and Debt Management Services Providers


Prohibiting a person from providing debt settlement services to specified consumers unless the person is licensed by the Commissioner of Financial Regulation or exempt from the licensing requirements; altering a specified exemption from specified provisions of law; altering the name, contents, and purpose of a specified fund; prohibiting a debt settlement services licensee from providing debt settlement services unless specified conditions are met; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
First Reading Economic Matters
Hearing 3/11 at 1:00 p.m.
Referred to interim study by Economic Matters
Senate Action
No Action

Bill indexed under the following Subjects:

Bonds -see also- County & Baltimore City Bonds; State Bonds.
Consumer Protection -see also- Unfair Trade Practices
Contracts -see also- Land Installment Contracts; Procurement
Counselors -see also- Social Workers
Debt Collection -see also- Attachments and Garnishments
Education -see also- Driver Ed; Higher Ed; Special Ed; etc
Electronic Commerce -see also- Electronic Funds Transfer
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Financial Regulation, Division of
Licenses -see also- Alcoholic Bev Lic; Drivers` Licenses
Loans -see also- Mortgages
Records -see also- Land Records; Vital Records

Bill affects the following Statutes:

Financial Institutions
( 12-901 , 12-902 , 12-903 , 12-904 , 12-905 , 12-906 , 12-907 , 12-908 , 12-911 , 12-913 , 12-914 , 12-916 , 12-916.1 , 12-917 , 12-918 , 12-918.1 , 12-919 , 12-920 , 12-921 , 12-922 , 12-923 , 12-924 , 12-925 , 12-926 , 12-931 )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered