HB0187 (CH0479)

Find a 2018 Bill:

2018 Regular Session



Financial Institutions – Nondepository Special Fund – Expansion

Sponsored by:

Chair, Economic Matters Committee


Approved by the Governor - Chapter 479

Synopsis:Requiring certain revenue, fees, and examination and investigation fees and assessments relating to the licensure of collection agencies, consumer lenders, installment lenders, sales finance companies, mortgage lenders, check cashing services, and credit services businesses to be credited to the Nondepository Special Fund; stating the purpose of the Fund is to cover the direct and indirect costs of fulfilling the statutory and regulatory duties of the Commissioner and the State Collection Agency Licensing Board; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Chair, Economic Matters Committee (By Request - Departmental - Labor, Licensing and Regulation)
Additional Facts:Cross-filed with: SB0006
Bill File Type: Regular
Effective Date(s): June 1, 2018
By Request of the Governor
Economic Matters  View Committee HearingFinance  View Committee Hearing
Broad Subject(s):Financial Institutions
Business Regulation and Occupations
Narrow Subject(s):Assessments
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Committees and Commissions -see also- Political Committees
Debt Collection -see also- Attachments and Garnishments
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Financial Institutions -see also- Banks; Credit Unions; etc.
Investigations and Inquiries -see also- Crim Bckgrnd Invest
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses
Loans -see also- Mortgages
Penalties and Sentences -see also- Death Penalty
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations
Statutes:Article - Business Regulation
Article - Financial Institutions
(11-503.2, 11-610, 11-203.3, 11-402.1, 12-104.1)

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Legislative Lingo

Explanation of Floor Motions and Actions

May 15, 2018 2:24 P.M.