Business Regulation - Home Improvement Contracts - Deposits by Financial Institutions
Sponsor: Christopher T. Adams (District 37B)Committee: Economic MattersSubject: Business RegulationStatus: Unfavorable Report by Economic Matters; Withdrawn (as of Nov 15, 2022)
What this bill does
Official synopsis
Authorizing a person to receive a deposit for more than one-third of a home improvement contract price before or at the time of the execution of the home improvement contract if the full amount of the deposit is being financed by a financial institution supervised under the Financial Institutions Article.
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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (4)
MGA witness listFAV 3FavorableUNF 1Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Ginnetti, Paul | The Home Depot | Oral |
| FAV | Gamberini, Brian | The Home Depot Government Relations | Oral |
| FAV | Delegate Adams, Delegate Adamslegislator | Individual | Oral |
| UNF | Straughn, Karen | OAG, Consumer Protection Division | Written (PDF) |