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CS/SB 872: Consumer Finance Loans

GENERAL BILL by Banking and Insurance ; Rouson

Consumer Finance Loans; Establishing the Access to Responsible Credit Pilot Program within the Office of Financial Regulation; prohibiting a person from certain activities relating to program loans unless the person obtains a pilot program license from the office; providing requirements for and limitations on program loans; requiring arrangements between a program licensee and a referral partner to be specified in a written agreement; requiring the office to examine program licensees at specified intervals beginning on a specified date, etc.

Effective Date: 7/1/2018
Last Action: 5/5/2017 Senate - Died in Appropriations
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/10/2017 Senate • Filed
2/23/2017 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 102
3/7/2017 Senate • Introduced -SJ 102
3/22/2017 Senate • On Committee agenda-- Banking and Insurance, 03/27/17, 4:00 pm, 110 Senate Office Building
3/27/2017 Senate • CS by Banking and Insurance; YEAS 8 NAYS 1 -SJ 257
3/29/2017 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• CS by Banking and Insurance read 1st time -SJ 265
3/30/2017 Senate • Now in Appropriations Subcommittee on General Government -SJ 257
4/10/2017 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 04/13/17, 2:30 pm, 110 Senate Office Building
4/13/2017 Senate • Subcommittee Recommendation: CS/CS by Appropriations Subcommittee on General Government; YEAS 5 NAYS 3 -SJ 424
4/17/2017 Senate • Now in Appropriations -SJ 424
5/5/2017 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Appropriations