2010 Regular Session

HOUSE BILL 79

CHAPTER NUMBER: 385
File Code: Commercial Law - Credit Regulation Crossfiled with: SENATE BILL 678
Sponsored By:
Chair, Economic Matters Committee (By Request - Departmental - Labor, Licensing and Regulation)
Entitled:
Commercial Law - Credit Services Businesses - Limitation on Fees

Synopsis:

Prohibiting a credit services business, its employees, and independent contractors who sell or attempt to sell the services of a credit services business from charging or receiving any money or other valuable consideration in connection with an extension of credit that, when combined with any interest charged on the extension of credit, would exceed a specified interest rate.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
10/5
Pre-filed
1/13
First Reading Economic Matters
Hearing 1/21 at 10:30 a.m.
3/16
Favorable Report by Economic Matters
3/17
Favorable Report Adopted
Second Reading Passed
3/19
Third Reading Passed (106-29)
3/30
Returned Passed
Senate Action
3/22
First Reading Finance
3/23
Hearing 3/25 at 1:00 p.m.
4/2
Favorable Report by Finance
3/31
Favorable Report Adopted
Second Reading Passed
4/1
Third Reading Passed (47-0)
Action after passage in House and Senate
5/4
Approved by the Governor
- Chapter 385

Sponsored by:

Economic Matters Committee, Chair
Departmental
Labor, Licensing and Regulation, Department of

Bill indexed under the following Subjects:

Consumer Protection -see also- Unfair Trade Practices
Credit
Fees -see also- Attys` Fees; Devt Fees & Taxes; Reimb Rates.
Interest

Bill affects the following Statute:

Commercial Law
( 14-1902 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments: None offered
Committee Votes :
House
Economic Matters
Senate
Finance
Roll Call Votes (Legislative dates are shown):
House
March 19, 2010: Third Reading Passed (106-29)
Senate
April 1, 2010: Third Reading Passed (47-0)