File Code: Commercial Law - Credit Regulation
Crossfiled with: HOUSE BILL 1076
- Sponsored By:
-
Senators Glassman, Middleton, and Klausmeier
- Entitled:
-
Credit Regulation - Installment Loans Secured by Motor Vehicle Lien - Balloon
Payments
Authorizing a credit grantor that makes a specified installment loan
secured by a lien on a motor vehicle to a consumer borrower to require
the consumer borrower to pay a balloon payment at maturity of the
installment loan if the loan exceeds $30,000.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/15
- First Reading Senate Rules
- 2/19
- Re-referred Finance
- Hearing 3/2 at 1:00 p.m.
- 3/15
- Favorable with Amendments Report by Finance
- 3/17
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/19
- Third Reading Passed (43-3)
- 4/5
- Senate Concur - House Amendments
- Third Reading Passed (45-1)
- Passed Enrolled
House Action
- 3/20
- First Reading Economic Matters
- 3/24
- Hearing 4/6 at 1:00 p.m.
- 4/7
- Favorable with Amendments Report by Economic Matters
- 3/31
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/1
- Third Reading Passed with Amendments (140-0)
Action after passage in Senate and House
- 5/20
- Approved by the Governor
- - Chapter 632
Sponsored by:
- Senator Barry Glassman, District 35
- Senator Katherine Klausmeier, District 8
- Senator Thomas M. Middleton, District 28
Bill indexed under the following Subjects:
- Consumer Protection -see also- Unfair Trade Practices
- Liens -see also- Mechanics` Liens
- Loans -see also- Mortgages
- Motor Vehicles -see also- Aband Veh; Ambulances; Buses; etc.
Bill affects the following Statute:
- Commercial Law
- (
12-1003
)
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:
Senate
- Number: 277671/01 Offered on: March 17, 2010 at:
11:06 a.m. Status: Adopted
House
- Number: 193596/01 Offered on: April 7, 2010 at:
10:25 a.m. Status: Adopted
-
Committee Votes :
Senate
- Finance
House
- Economic Matters
- Roll Call Votes (Legislative dates are shown):
Senate
- March 19, 2010: Third Reading Passed (43-3)
- April 5, 2010: Third Reading Passed (45-1)
House
- April 1, 2010: Third Reading Passed (140-0)
