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CS/SB 1436: Consumer Finance Loans

GENERAL BILL by Appropriations Committee on Agriculture, Environment, and General Government ; Burton

Consumer Finance Loans; Defining the term “branch”; prohibiting a person from operating a branch of a business making consumer finance loans before obtaining a license from the Office of Financial Regulation; specifying application fees for branch licenses; requiring licensees offering an assistance program to borrowers after a federally declared disaster to send a specified notice to the office within a certain timeframe; requiring certain licensees to suspend specified actions for a certain timeframe after a federally declared disaster, etc.

Effective Date: 7/1/2024
Last Action: 3/4/2024 Senate - Laid on Table, refer to CS/HB 1347 -SJ 647
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/5/2024 Senate • Filed
1/10/2024 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
• Introduced
1/17/2024 Senate • On Committee agenda-- Banking and Insurance, 01/22/24, 4:00 pm, 412 Knott Building
1/22/2024 Senate • Favorable by Banking and Insurance; YEAS 7 NAYS 2
1/23/2024 Senate • Now in Appropriations Committee on Agriculture, Environment, and General Government
2/5/2024 Senate • On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 02/08/24, 2:00 pm, 110 Senate Building --Temporarily Postponed
2/8/2024 Senate • On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 02/13/24, 8:30 am, 110 Senate Building
2/13/2024 Senate • CS by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 8 NAYS 2
2/15/2024 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Fiscal Policy
• CS by Appropriations Committee on Agriculture, Environment, and General Government read 1st time
2/22/2024 Senate • On Committee agenda-- Fiscal Policy, 02/27/24, 9:00 am, 412 Knott Building
2/27/2024 Senate • Favorable by- Fiscal Policy; YEAS 13 NAYS 6
2/28/2024 Senate • Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 03/01/24
3/1/2024 Senate • Retained on Special Order Calendar -SJ 606
3/4/2024 Senate • Read 2nd time -SJ 647
• Substituted CS/HB 1347 -SJ 647
• Laid on Table, refer to CS/HB 1347 -SJ 647