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
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.
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
)
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)