Legislation

Regulating commercial financing transactions, including by establishing requirements related to disclosures, calculations of annual percentage rates, terms of repayments, and other related items, and the extension of specific offers.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Economic Matters

Committee Testimony

Witness List

Details

Cross-filed with: HB0574

Introduced in a prior session as: SB0496 Session: 2023 Regular Session

Bill File Type: Regular

Effective Date(s): October 1, 2024

History

Legislation History
Chamber Senate Calendar Date 1/24/2024 Legislative Date 1/24/2024 Action First Reading Finance Proceedings
Chamber Senate Calendar Date 1/24/2024 Legislative Date 1/24/2024 Action Hearing 2/14 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Commercial Financing - Small Business Truth in Lending Act Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/26/2024 Legislative Date 2/26/2024 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 2/27/2024 Legislative Date 2/17/2024 Action Favorable with Amendments {783422/1 Adopted Proceedings 33 Click to view Recorded Media
Chamber Senate Calendar Date 2/27/2024 Legislative Date 2/17/2024 Action Second Reading Passed with Amendments Proceedings 33 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Commercial Financing - Small Business Truth in Lending Act Proceedings
Chamber Senate Calendar Date 2/29/2024 Legislative Date 2/19/2024 Action Third Reading Passed (46-0) Proceedings 35 Click to view Recorded Media
Chamber House Calendar Date 3/01/2024 Legislative Date 2/26/2024 Action Referred Economic Matters Proceedings 36 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/24/2024	1/24/2024	First Reading Finance
Senate	1/24/2024	1/24/2024	Hearing 2/14 at 1:00 p.m.
			Text - First - Commercial Financing - Small Business Truth in Lending Act
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/26/2024	2/26/2024	Favorable with Amendments Report by Finance
Senate	2/27/2024	2/17/2024	Favorable with Amendments {783422/1 Adopted	33 Click to view Recorded Media
Senate	2/27/2024	2/17/2024	Second Reading Passed with Amendments	33 Click to view Recorded Media
			Text - Third - Commercial Financing - Small Business Truth in Lending Act
Senate	2/29/2024	2/19/2024	Third Reading Passed (46-0)	35 Click to view Recorded Media
House	3/01/2024	2/26/2024	Referred Economic Matters	36 Click to view Recorded Media

File Code

Subjects

Statutes