Legislation

Altering the definition of "unfair or deceptive trade practice" to be "unfair, abusive, or deceptive trade practice"; providing the purpose of the Act is to support enforcement by and funding of the Office of the Attorney General and the Commissioner of Financial Regulation to protect State residents when conducting financial transactions and receiving certain services; requiring the Commissioner to designate an individual as the Student Loan Ombudsman; requiring the establishment of a student loan borrower education course; etc.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance Click to view Recorded Media

Details

Cross-filed with: SB1068

Bill File Type: Regular

Effective Date(s): October 1, 2018

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber House Calendar Date 2/09/2018 Legislative Date 2/09/2018 Action First Reading Economic Matters Proceedings
Chamber House Calendar Date 2/09/2018 Legislative Date 2/09/2018 Action Hearing 2/16 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Consumer Protection Act of 2018 Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/15/2018 Legislative Date 3/15/2018 Action Favorable with Amendments Report by Economic Matters Proceedings
Chamber House Calendar Date 3/15/2018 Legislative Date 3/12/2018 Action Favorable with Amendments {233198/1 Adopted Proceedings 46 Click to view Recorded Media
Chamber House Calendar Date 3/15/2018 Legislative Date 3/12/2018 Action Second Reading Passed with Amendments Proceedings 46 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Financial Consumer Protection Act of 2018 Proceedings
Chamber House Calendar Date 3/17/2018 Legislative Date 3/13/2018 Action Third Reading Passed (87-46) Proceedings 47AClick to view Recorded Media
Chamber Senate Calendar Date 3/19/2018 Legislative Date 3/16/2018 Action Referred Finance Proceedings 48BClick to view Recorded Media
Chamber Senate Calendar Date 3/21/2018 Legislative Date 3/21/2018 Action Hearing 3/29 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 4/05/2018 Legislative Date 4/05/2018 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 4/05/2018 Legislative Date 3/31/2018 Action Favorable with Amendments {417178/1 Adopted Proceedings 62AClick to view Recorded Media
Chamber Senate Calendar Date 4/05/2018 Legislative Date 3/31/2018 Action Second Reading Passed with Amendments Proceedings 62AClick to view Recorded Media
Chamber Senate Calendar Date 4/06/2018 Legislative Date 4/01/2018 Action Floor Amendment {877771/1 (Finance Committee) Proceedings 63 Click to view Recorded Media
Chamber Senate Calendar Date 4/06/2018 Legislative Date 4/01/2018 Action Motion Special Order until 4/9 (Senator Waugh) Rejected (14-29) Proceedings 63 Click to view Recorded Media
Chamber Senate Calendar Date 4/06/2018 Legislative Date 4/01/2018 Action Floor Amendment {877771/1 (Finance Committee) Adopted Proceedings 63 Click to view Recorded Media
Chamber Senate Calendar Date 4/06/2018 Legislative Date 4/01/2018 Action Third Readings Passed with Amendments (32-12) Proceedings 63 Click to view Recorded Media
Chamber House Calendar Date 4/07/2018 Legislative Date 3/30/2018 Action House Concurs Senate Amendments Proceedings 64 Click to view Recorded Media
Chamber House Calendar Date 4/07/2018 Legislative Date 3/30/2018 Action Third Reading Passed (93-42) Proceedings 64 Click to view Recorded Media
Chamber House Calendar Date 4/07/2018 Legislative Date 3/30/2018 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Financial Consumer Protection Act of 2018 Proceedings
Chamber Post Passage Calendar Date 5/15/2018 Legislative Date 5/15/2018 Action Approved by the Governor - Chapter 731 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Financial Consumer Protection Act of 2018 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/09/2018	2/09/2018	First Reading Economic Matters
House	2/09/2018	2/09/2018	Hearing 2/16 at 1:00 p.m.
			Text - First - Financial Consumer Protection Act of 2018
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/15/2018	3/15/2018	Favorable with Amendments Report by Economic Matters
House	3/15/2018	3/12/2018	Favorable with Amendments {233198/1 Adopted	46 Click to view Recorded Media
House	3/15/2018	3/12/2018	Second Reading Passed with Amendments	46 Click to view Recorded Media
			Text - Third - Financial Consumer Protection Act of 2018
House	3/17/2018	3/13/2018	Third Reading Passed (87-46)	47AClick to view Recorded Media
Senate	3/19/2018	3/16/2018	Referred Finance	48BClick to view Recorded Media
Senate	3/21/2018	3/21/2018	Hearing 3/29 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	4/05/2018	4/05/2018	Favorable with Amendments Report by Finance
Senate	4/05/2018	3/31/2018	Favorable with Amendments {417178/1 Adopted	62AClick to view Recorded Media
Senate	4/05/2018	3/31/2018	Second Reading Passed with Amendments	62AClick to view Recorded Media
Senate	4/06/2018	4/01/2018	Floor Amendment {877771/1 (Finance Committee)	63 Click to view Recorded Media
Senate	4/06/2018	4/01/2018	Motion Special Order until 4/9 (Senator Waugh) Rejected (14-29)	63 Click to view Recorded Media
Senate	4/06/2018	4/01/2018	Floor Amendment {877771/1 (Finance Committee) Adopted	63 Click to view Recorded Media
Senate	4/06/2018	4/01/2018	Third Readings Passed with Amendments (32-12)	63 Click to view Recorded Media
House	4/07/2018	3/30/2018	House Concurs Senate Amendments	64 Click to view Recorded Media
House	4/07/2018	3/30/2018	Third Reading Passed (93-42)	64 Click to view Recorded Media
House	4/07/2018	3/30/2018	Passed Enrolled
			Text - Enrolled - Financial Consumer Protection Act of 2018
Post Passage	5/15/2018	5/15/2018	Approved by the Governor - Chapter 731
			Text - Chapter - Financial Consumer Protection Act of 2018

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Subjects

Statutes