CHAPTER NUMBER: 630
File Code: Commercial Law - Credit Regulation
Crossfiled with: HOUSE BILL 973
- Sponsored By:
-
Senators Della, Astle, Bromwell, DeGrange, Dorman, Exum, Hafer,
Hooper, Kelley, and Teitelbaum
- Entitled:
-
Unsecured Closed End Credit Regulation - Credit
Services Businesses -
Study Commission
Prohibiting a credit services business, its employees, and specified
independent contractors from assisting a consumer to obtain an
extension of unsecured closed end credit at a rate of interest which,
except for federal preemption of State law, would be prohibited under
specified provisions of law governing interest and usury, consumer
loans, and closed end credit; creating a Short-Term Small Consumer
Loan Study Commission; etc.
Senate Action
- 3/2
- First Reading Senate Rules
- 3/6
- Re-referred Finance
- Hearing 3/13 at 1:00 p.m.
- 3/29
- Favorable with Amendments Report by Finance
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/30
- Third Reading Passed (46-0)
- 4/2
- Senate Concur - House Amendment
- Third Reading Passed (43-2)
- Passed Enrolled
- 5/18
- Signed by the Governor Chapter 630
House Action
- 3/26
- First Reading Commerce and Government Matters
- 4/2
- Hearing 4/3 at 1:00 p.m.
- 4/4
- Favorable with Amendments Report by Commerce and Government Matters
- 3/30
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/31
- Third Reading Passed with Amendments (138-0)
- Sponsored by:
- Senator George W. Della, Jr., District 47
- Senator John C. Astle, District 30
- Senator Thomas L. Bromwell, District 8
- Senator James E. DeGrange, Sr., District 32
- Senator Arthur Dorman, District 21
- Senator Nathaniel Exum, District 24
- Senator John J. Hafer, District 1
- Senator J. Robert Hooper, District 35
- Senator Delores G. Kelley, District 10
- Senator Leonard H. Teitelbaum, District 19
- Bill indexed under the following Subjects:
- COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- CREDIT
- INTEREST
- LOANS -see also- MORTGAGES
- REPORTS
- SUNSET
- Bill affects the following Statute:
- Commercial Law
- (
14-1902
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 497177/1 (PDF) Offered on: March 29, 2001 at:
12:15 p.m. Status: Adopted
- House
- Number: 466688/1 (PDF) Offered on: April 4, 2001 at:
11:08 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- March 30, 2001: Third Reading Passed (46-0)
- April 2, 2001: Third Reading Passed (43-2)
- House
- March 31, 2001: Third Reading Passed (138-0)
