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Legislation


2012 Regular Session

SENATE BILL 258

File Code: Commercial Law - Credit Regulation Crossfiled with: HOUSE BILL 730
Sponsored By:
Senator Glassman
Entitled:
Credit Regulation - Installment Loans Secured by Motor Vehicle Lien - Balloon Payments

Synopsis:

Altering the circumstances under which a credit grantor is authorized to require a consumer borrower to pay a balloon payment at maturity of an installment loan secured by a lien on a motor vehicle.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
1/25
First Reading Finance
Hearing 2/7 at 1:00 p.m.
2/8
Favorable Report by Finance
2/9
Favorable Report Adopted
Second Reading Passed
2/13
Third Reading Passed (47-0)
3/31

Senate Concur - House Amendment
Third Reading Passed (45-0)
Passed Enrolled
House Action
2/14
First Reading Economic Matters
3/6
Hearing 3/20 at 1:00 p.m.
4/4
Favorable with Amendments Report by Economic Matters
3/30
Favorable with Amendments {813997/1 Report Adopted
Second Reading Passed with Amendments
3/31
Third Reading Passed with Amendments (138-0)
Action after passage in Senate and House
5/2
Approved by the Governor
- Chapter 202

Bill indexed under the following Subjects:

Credit
Liens -see also- Mechanics' Liens
Loans -see also- Mortgages
Motorcycles and Motor Scooters
Motor Vehicles -see also- Aband Veh; Ambulances; Buses; etc.

Bill affects the following Statute:

Commercial Law
( 12-1003 )

Documents

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:
House
Number: 813997/01     Offered on: April 4, 2012   at: 12:01 p.m.     Status: Adopted
Committee Votes :
Senate
Finance
House
Economic Matters
Roll Call Votes (Legislative dates are shown):
Senate
February 13, 2012: Third Reading Passed (47-0)
March 31, 2012: Third Reading Passed (45-0)
House
March 31, 2012: Third Reading Passed (138-0)
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