BILL NO A02852
SAME AS SAME AS S00019
SPONSOR Clark (MS)
COSPNSR Hooper, Ortiz, Gabryszak
MLTSPNSR Brennan, Colton, Cook, Gantt, Jacobs, Magee, Millman, Perry,
Scarborough, Wright
Amd SS595-a, 347 & 592-a, Bank L; add S254-e, RP L; add SS1308 & 1309, RPAP L;
amd S771, add S771-b, Gen Bus L; add S5-336, Gen Ob L
Enacts the "Home Equity Fraud Act" to control improper activities by home
improvement contractors and finance companies; prohibits mortgage brokers or
agents from acting as home improvement contractors; provides additional
protections for mortgagors and home owners.