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SB 868: Fla. Title Loan Act

GENERAL BILL by Meek ; (CO-INTRODUCERS) KURTH ; Cowin

Fla. Title Loan Act; creates said act; requires licensure by Banking & Finance Dept. to be in business as title loan lender; provides for redemption of repossessed motor vehicle under certain circumstances; provides entitlement to certain excess proceeds of sale or disposal of motor vehicle; provides for title loan charges & interest rates; provides for title loan lenders lien; provides for more restrictive local ordinances, etc. Amends Ch. 538. APPROPRIATION: $500,000.

Effective Date: 10/01/1999 except as otherwise provided
Last Action: 3/4/1999 Senate - Comm. Action: Unfavorable by Agriculture and Consumer Services, laid on Table -SJ 00131
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/22/1999 Senate • Prefiled
2/8/1999 Senate • Referred to Agriculture and Consumer Services; Banking and Insurance; Fiscal Policy
3/2/1999 Senate • Introduced, referred to Agriculture and Consumer Services; Banking and Insurance; Fiscal Policy -SJ 00061; On Committee agenda-- Agriculture and Consumer Services, 03/04/99, 1:00 pm, Room-301C
3/4/1999 Senate • Comm. Action: Unfavorable by Agriculture and Consumer Services, laid on Table -SJ 00131