Legislation

Title: Commissioner of Financial Regulation - Consumer Loans - Payments and Fees
Sponsored by: Chair, Finance Committee (By Request - Departmental - Labor)
Status: In the House - House Refuses to Recede
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Prohibiting a person from requiring a borrower to pay a fee for a payment made by or on behalf of the borrow in a certain form including an electronic funds transfer through an Automated Clearing House; and authorizing a person to require a borrower to pay a fee for the transaction of a payment made by or on behalf of the borrower in cases of certain loans made to consumer borrowers if the amount of the fee is disclosed at the time of the payment transaction, the borrower agrees to pay the fee, and the fee does not exceed a certain amount.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Economic Matters Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Pre-Filed

Effective Date(s): January 1, 2023

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 10/04/2021 Legislative Date 10/04/2021 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/12/2022 Legislative Date 1/12/2022 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Commissioner of Financial Regulation - Consumer Loans - Fees Proceedings
Chamber Senate Calendar Date 1/08/2022 Legislative Date 1/08/2022 Action Hearing 1/19 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 1/13/2022 Legislative Date 1/13/2022 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 1/14/2022 Legislative Date 1/14/2022 Action Hearing 2/02 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/28/2022 Legislative Date 2/28/2022 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 3/01/2022 Legislative Date 2/21/2022 Action Favorable with Amendments {203321/1 Adopted Proceedings 33BClick to view Recorded Media
Chamber Senate Calendar Date 3/01/2022 Legislative Date 2/21/2022 Action Second Reading Passed with Amendments Proceedings 33BClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Commissioner of Financial Regulation - Consumer Loans - Payments and Fees Proceedings
Chamber Senate Calendar Date 3/03/2022 Legislative Date 2/23/2022 Action Motion Special Order until 3/4 (Senator Hettleman) Adopted Proceedings 35 Click to view Recorded Media
Chamber Senate Calendar Date 3/07/2022 Legislative Date 2/25/2022 Action Third Reading Passed (45-1) Proceedings 37 Click to view Recorded Media
Chamber House Calendar Date 3/09/2022 Legislative Date 3/03/2022 Action Referred Economic Matters Proceedings 24 Click to view Recorded Media
Chamber House Calendar Date 3/16/2022 Legislative Date 3/16/2022 Action Hearing 3/23 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/06/2022 Legislative Date 4/06/2022 Action Favorable with Amendments Report by Economic Matters Proceedings
Chamber House Calendar Date 4/06/2022 Legislative Date 3/28/2022 Action Favorable with Amendments {853022/1 Adopted Proceedings 49 Click to view Recorded Media
Chamber House Calendar Date 4/06/2022 Legislative Date 3/28/2022 Action Second Reading Passed with Amendments Proceedings 49 Click to view Recorded Media
Chamber House Calendar Date 4/07/2022 Legislative Date 3/29/2022 Action Third Reading Passed (136-0) Proceedings 50 Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2022 Legislative Date 3/27/2022 Action Senate Refuses Concur House Amendments Proceedings 67 Click to view Recorded Media
Chamber Senate Calendar Date 4/08/2022 Legislative Date 3/27/2022 Action Senate Requests House Recede Proceedings 67 Click to view Recorded Media
Chamber House Calendar Date 4/11/2022 Legislative Date 4/05/2022 Action Senate Refuses Concur House Amendments Proceedings 57 Click to view Recorded Media
Chamber House Calendar Date 4/11/2022 Legislative Date 4/05/2022 Action Senate Requests House Recede Proceedings 57 Click to view Recorded Media
Chamber House Calendar Date 4/11/2022 Legislative Date 4/05/2022 Action House Refuses Recede Proceedings 57 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	10/04/2021	10/04/2021	Pre-filed
Senate	1/12/2022	1/12/2022	First Reading Finance
			Text - First - Commissioner of Financial Regulation - Consumer Loans - Fees
Senate	1/08/2022	1/08/2022	Hearing 1/19 at 1:00 p.m.
Senate	1/13/2022	1/13/2022	Hearing canceled
Senate	1/14/2022	1/14/2022	Hearing 2/02 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/28/2022	2/28/2022	Favorable with Amendments Report by Finance
Senate	3/01/2022	2/21/2022	Favorable with Amendments {203321/1 Adopted	33BClick to view Recorded Media
Senate	3/01/2022	2/21/2022	Second Reading Passed with Amendments	33BClick to view Recorded Media
			Text - Third - Commissioner of Financial Regulation - Consumer Loans - Payments and Fees
Senate	3/03/2022	2/23/2022	Motion Special Order until 3/4 (Senator Hettleman) Adopted	35 Click to view Recorded Media
Senate	3/07/2022	2/25/2022	Third Reading Passed (45-1)	37 Click to view Recorded Media
House	3/09/2022	3/03/2022	Referred Economic Matters	24 Click to view Recorded Media
House	3/16/2022	3/16/2022	Hearing 3/23 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	4/06/2022	4/06/2022	Favorable with Amendments Report by Economic Matters
House	4/06/2022	3/28/2022	Favorable with Amendments {853022/1 Adopted	49 Click to view Recorded Media
House	4/06/2022	3/28/2022	Second Reading Passed with Amendments	49 Click to view Recorded Media
House	4/07/2022	3/29/2022	Third Reading Passed (136-0)	50 Click to view Recorded Media
Senate	4/08/2022	3/27/2022	Senate Refuses Concur House Amendments	67 Click to view Recorded Media
Senate	4/08/2022	3/27/2022	Senate Requests House Recede	67 Click to view Recorded Media
House	4/11/2022	4/05/2022	Senate Refuses Concur House Amendments	57 Click to view Recorded Media
House	4/11/2022	4/05/2022	Senate Requests House Recede	57 Click to view Recorded Media
House	4/11/2022	4/05/2022	House Refuses Recede	57 Click to view Recorded Media

File Code

Subjects

Statutes