Legislation

Title: Credit Regulation - Unsecured Open End Credit Plans - Fees and Charges
Sponsored by: Senator Middleton
Status: Approved by the Governor - Chapter 723
Analysis: Fiscal and Policy Note

Synopsis

Providing that specified fees and charges permitted to be imposed on a consumer borrower under an unsecured open end credit plan, when combined with any interest charged under the plan, may not exceed an effective rate of 33% per annum simple interest; etc.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Economic Matters

Details

Cross-filed with: HB1270

Bill File Type: Regular

Effective Date(s): July 1, 2017

History

Legislation History
Chamber Senate Calendar Date 2/01/2017 Legislative Date 2/01/2017 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Credit Regulation - Unsecured Open End Credit Plans - Fees and Charges Proceedings
Chamber Senate Calendar Date 2/01/2017 Legislative Date 2/01/2017 Action Hearing 2/21 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/03/2017 Legislative Date 2/03/2017 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/03/2017 Legislative Date 2/03/2017 Action Hearing 2/21 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/30/2017 Legislative Date 3/30/2017 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 3/30/2017 Legislative Date 3/26/2017 Action Favorable Adopted Proceedings 55 Click to view Recorded Media
Chamber Senate Calendar Date 3/30/2017 Legislative Date 3/26/2017 Action Second Reading Passed Proceedings 55 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Credit Regulation - Unsecured Open End Credit Plans - Fees and Charges Proceedings
Chamber Senate Calendar Date 3/31/2017 Legislative Date 3/27/2017 Action Third Reading Passed (40-5) Proceedings 56 Click to view Recorded Media
Chamber House Calendar Date 3/31/2017 Legislative Date 3/27/2017 Action Referred Rules and Executive Nominations Proceedings 61 Click to view Recorded Media
Chamber House Calendar Date 4/04/2017 Legislative Date 4/05/2017 Action Rereferred to Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/07/2017 Legislative Date 4/07/2017 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 4/07/2017 Legislative Date 3/31/2017 Action Favorable Adopted Second Reading Passed Proceedings 65 Click to view Recorded Media
Chamber House Calendar Date 4/10/2017 Legislative Date 4/03/2017 Action Motion Special Order until Next Session (Delegate Davis) Adopted Proceedings 68 Click to view Recorded Media
Chamber House Calendar Date 4/10/2017 Legislative Date 4/04/2017 Action Third Reading Passed (139-0) Proceedings 69 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/25/2017 Legislative Date 5/25/2017 Action Approved by the Governor - Chapter 723 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Credit Regulation - Unsecured Open End Credit Plans - Fees and Charges Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/01/2017	2/01/2017	First Reading Finance
			Text - First - Credit Regulation - Unsecured Open End Credit Plans - Fees and Charges
Senate	2/01/2017	2/01/2017	Hearing 2/21 at 1:00 p.m.
Senate	2/03/2017	2/03/2017	Hearing canceled
Senate	2/03/2017	2/03/2017	Hearing 2/21 at 1:30 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/30/2017	3/30/2017	Favorable Report by Finance
Senate	3/30/2017	3/26/2017	Favorable Adopted	55 Click to view Recorded Media
Senate	3/30/2017	3/26/2017	Second Reading Passed	55 Click to view Recorded Media
			Text - Third - Credit Regulation - Unsecured Open End Credit Plans - Fees and Charges
Senate	3/31/2017	3/27/2017	Third Reading Passed (40-5)	56 Click to view Recorded Media
House	3/31/2017	3/27/2017	Referred Rules and Executive Nominations	61 Click to view Recorded Media
House	4/04/2017	4/05/2017	Rereferred to Economic Matters
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	4/07/2017	4/07/2017	Favorable Report by Economic Matters
House	4/07/2017	3/31/2017	Favorable Adopted Second Reading Passed	65 Click to view Recorded Media
House	4/10/2017	4/03/2017	Motion Special Order until Next Session (Delegate Davis) Adopted	68 Click to view Recorded Media
House	4/10/2017	4/04/2017	Third Reading Passed (139-0)	69 Click to view Recorded Media
Post Passage	5/25/2017	5/25/2017	Approved by the Governor - Chapter 723
			Text - Chapter - Credit Regulation - Unsecured Open End Credit Plans - Fees and Charges

File Code

Subjects

Statutes