Legislation

Prohibiting a buyer from arranging, facilitating, or consummating a merchant cash advance transaction with a seller in the State; providing that a violation of the Act is an unfair, abusive, or deceptive trade practice subject to certain enforcement and penalties; and applying the Act prospectively.

Committees

Original:: Finance Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB1478

Bill File Type: Regular

Effective Date(s): October 1, 2020

History

Legislation History
Chamber Senate Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Commercial Law - Merchant Cash Advance - Prohibition Proceedings
Chamber Senate Calendar Date 2/07/2020 Legislative Date 2/07/2020 Action Hearing 3/03 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2020	2/03/2020	First Reading Finance
			Text - First - Commercial Law - Merchant Cash Advance - Prohibition
Senate	2/07/2020	2/07/2020	Hearing 3/03 at 1:00 p.m.

File Code

Subjects

Statutes