Commercial Financing - Small Business Truth in Lending Act

SB 509 Commercial Financing Small Business Truth in Lending Act

Maryland 2024 Regular Session

Commercial Financing - Small Business Truth in Lending Act
SB-509


About SB-509

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.

  

Bill Texts

Engrossed 02/27/2024

Introduced 01/24/2024

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Sponsors (1)

Votes

Third Reading Passed

02/29/2024

Yeas: 46 | Nays: 0
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History

Referred Economic Matters

03/01/2024

Third Reading Passed (46-0)

02/29/2024

Favorable With Amendments {783422/1 Adopted

02/27/2024

Second Reading Passed With Amendments

02/27/2024

Favorable With Amendments Report By Finance

02/26/2024

First Reading Finance

01/24/2024

Hearing 2/14 At 1:00 P.m.

01/24/2024