ANNAPOLIS, Md. - So what bills did the Maryland Consumer Rights Coalition use to develop their lawmaker scorecard?
Here’s a breakdown of the key pieces of legislation they evaluated for their report card.
The group evaluated both house and committee votes in developing scores.
SB 302: Gives state stronger powers to regulate some mortgage lenders.
HB 515/SB 476: Creates a high-level state financial education commission
HB555/ SB295: Allows parents or guardians to freeze credit reports of minors and vulnerable adults
HB 600/SB 580: Ensures mortgage balances written down in foreclosures won’t count as taxable income
HB1374: Allows homeowners facing default to go through mediation with their lender before foreclosure
HB1373: Creates a foreclosed property registry to provide ownership information on some vacant properties
HB 571/SB 792: Uses state’s bank deposits to fund loans to some small businesses
SB 1302 (Portion of Budget Bill): Budget bill passed in special session includes new tax on smokeless and other non-cigarette tobacco products
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