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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Commercial Law - Debt Settlement Services - Exemption and Fee
Sponsored by
Senators Manno and Raskin
Status
In the Senate - First Reading Senate Rules
Analysis
Synopsis
Altering a specified exemption from registration as a debt settlement services provider; and providing that a registrant may not charge a debt settlement services fee that exceeds 30% of the excess of the principal amount of the debt over the amount paid to the creditor or debt collector to settle the individual debt.
Committees
Original:
Rules
Details
Bill File Type: Regular
Effective Date(s): June 1, 2016
History
Legislation History
Chamber
Senate
Calendar Date
2/26/2016
Legislative Date
2/29/2016
Action
First Reading Senate Rules
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 2/26/2016 2/29/2016 First Reading Senate Rules
Documents
File Code
Subjects
Statutes
(   12-1003, 12-1010 )
Last Updated: 2/3/2020 2:30 PM