File Code: Commercial Law - Credit Regulation
Prior Year Introduction As: SB 367/07
Crossfiled with: HOUSE BILL 947  
- Sponsored By: 
 - 
Senators Astle, Garagiola, Kelley, Klausmeier, Middleton, and Pugh
 
- Entitled: 
 - 
Credit Regulation - Debt Management Services
 
Authorizing a person that is not a nonprofit organization to provide
debt management services in the State; requiring a person that is
licensed to provide debt management services to provide a specified
notice to a consumer and to make a determination, before providing
debt management services for a consumer, that the debt management
services are suitable for the consumer and that the consumer will be
able to meet the obligations of the debt management services
agreement; etc.
Legislative date is used to record
history occuring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/1
 - First Reading Finance
 - 2/6
 - Hearing 2/27 at 1:00 p.m.
 - 3/3
 - Favorable with Amendments Report by Finance
 - 3/4
 - Favorable with Amendments Report Adopted
 -      Second Reading Passed with Amendments
 - 3/6
 - Third Reading Passed (41-5)
 - 4/2
 - Returned Passed
 
House Action
- 3/7
 - First Reading Economic Matters
 - 3/25
 - Hearing 4/1 at 1:00 p.m.
 - 4/5
 - Favorable Report by Economic Matters
 - 3/31
 - Favorable Report Adopted
 -      Second Reading Passed
 - 4/1
 - Third Reading Passed (124-12)
 
Action after passage in Senate and House
- 5/22
 - Approved by the Governor
 -      - Chapter 605
 
Sponsored by:
- Senator John C. Astle, District 30
 - Senator Rob Garagiola, District 15
 - Senator Delores G. Kelley, District 10
 - Senator Katherine Klausmeier, District 8
 - Senator Thomas M. Middleton, District 28
 - Senator Catherine E. Pugh, District 40
 
Bill indexed under the following Subjects:
- Bankruptcy
 - Consumer Protection -see also- Unfair Trade Practices
 - Counselors -see also- Social Workers
 - Credit
 - Debt Collection -see also- Attachments and Garnishments
 - Disclosure
 - Education -see also- Driver Ed; Higher Ed; Special Ed; etc
 - Financial Regulation, Division of
 - Licenses -see also- Alcoholic Bev Lic; Drivers` Licenses
 - Notices
 - Records -see also- Land Records; Vital Records
 - Reports
 
Bill affects the following Statutes:
-   Financial Institutions
 - (
 12-901 ,
 12-905 ,
 12-907 ,
 12-908 ,
 12-908 ,
 12-916 ,
 12-916 ,
 12-921 ,
 12-922 
)
 
- Bill Text (Displayed in PDF Format):
 First Reading,
Third Reading, Enrolled, Chapter
 - Fiscal and Policy Note (Displayed in PDF Format):
 Available
 - Amendments (Displayed in PDF Format):
 Senate
- Number: 117478/01     Offered on: March 4, 2008       at:
11:26 a.m.     Status: Adopted
 
- Roll Call Votes (Legislative dates are shown):
 Senate
- March 6, 2008: Third Reading Passed  (41-5)
 
House 
- April 1, 2008: Third Reading Passed  (124-12)