Source: http://www.maine.gov/sos/cec/rules/agendas/agenda05/02-030.htm
Timestamp: 2014-12-19 15:16:37
Document Index: 462313241

Matched Legal Cases: ['§ 6', '§1', '§ 6', '§ 6', '§ 8', '§ 8', '§ 9', '§ 4', '§ 6', '§ 6', '§ 3', '§ 1495']

2004-5 Regulatory Agenda (Rules) - Office of Consumer Credit Regulation - State of Maine - USA
Office of Consumer Credit Regulation 2004-2005 Regulatory Agenda AGENCY UMBRELLA-UNIT NUMBER: 02-030
CHAPTER 110 (or new joint rule with the Bureau of Financial Institutions):
ANTICIPATED SCHEDULE: Prior to October, 2005
CHAPTER 120 (or new joint rule with the Bureau of Financial Institutions):
PURPOSE: Engage in joint rulemaking, as appropriate, with the Bureau of Financial Institutions to amend the rule that establishes the method by which an employee's wages may be garnished when the employee is paid other than weekly, pursuant to the limitations of the Maine Consumer Credit Code.
CHAPTER 140 (or new joint rule with the Bureau of Financial Institutions):
TITLE: Definition of Official Fees
STATUTORY AUTHORITY: 9-A M.R.S.A. § 6-104(1); §1-301(25)
PURPOSE: Engage in joint rulemaking, as appropriate, with the Bureau of Financial Institutions to amend the rule that defines "official fees," which are excludable from the finance charge in Maine consumer credit transactions.
STATUTORY AUTHORITY: 9-A M.R.S.A. § 6-104(1)(E)
PURPOSE: Engage in joint rulemaking, as appropriate, with the Bureau of Financial Institutions to amend or repeal the rule that defines "refinancing" and "consolidation" as those terms are used in the Maine Consumer Credit Code and establishes a formula to be used in refinancing multiple transactions.
PURPOSE: Engage in joint rulemaking, as appropriate, with the Bureau of Financial Institutions to repeal the rule that adjusts certain dollar limitations in the Maine Consumer Credit Code to keep pace with the consumer price index, based on the fact that in 1998 the Legislature adopted fixed dollar amounts in the Consumer Credit Code.
STATUTORY AUTHORITY: 9-A M.R.S.A. § 6-104, § 8-104, § 8-108
PURPOSE: Engage in joint rulemaking, as appropriate, with the Bureau of Financial Institutions to amend Rule 240, which incorporates federal Regulation Z, "Truth-in-Lending," into state law. The rule may be amended to reflect changes in parallel federal regulations.
ANTICIPATED SCHEDULE: Prior to October, 2005 if necessary.
STATUTORY AUTHORITY: 9-A M.R.S.A. § 9-302
STATUTORY AUTHORITY: 9-A M.R.S.A. § 4-407
ANTICIPATED SCHEDULE: Reviewed prior to December, 2005
CHAPTER (NEW RULE):
ANTICIPATED SCHEDULE: October, 2005
STATUTORY AUTHORITY: 9-A MRSA § 6-203
PURPOSE: The agency will adopt rules to implement Title 9-A, MRSA § 6-203, sub-§ 3-C (2004) which permits adjustment of creditor and lender volume fees pursuant to the Consumer Credit Code.
ANTICIPATED SCHEDULE: September, 2004
STATUTORY AUTHORITY: 10 MRSA § 1495-F (7)
PURPOSE: The agency may adopt rules as necessary to implement 10 MRSA, Chapter 222, "Payroll processors."