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CS/HB 1353: Commercial Financing Product Brokers and Providers

GENERAL BILL by Commerce Committee ; Bankson ; (CO-INTRODUCERS) Garcia ; Porras ; Steele

Commercial Financing Product Brokers and Providers; Requires providers that consummate commercial financing transactions to provide specified written disclosures; prohibits brokers from taking specified actions; provides exclusive authority of Attorney General to enforce specified provisions.

Effective Date: 7/1/2023
Last Action: 6/26/2023 - Chapter No. 2023-290
Bill Text: PDF
Senate Committee References:
  1. Fiscal Policy (FP)

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  • Bill History

    Date Chamber Action
    3/2/2023 House • Filed
    3/7/2023 House • 1st Reading (Original Filed Version)
    3/9/2023 House • Referred to Insurance & Banking Subcommittee
    • Referred to Justice Appropriations Subcommittee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
    3/23/2023 House • Added to Insurance & Banking Subcommittee agenda
    3/27/2023 House • Favorable by Insurance & Banking Subcommittee
    • Reported out of Insurance & Banking Subcommittee
    • Now in Justice Appropriations Subcommittee
    4/6/2023 House • Added to Justice Appropriations Subcommittee agenda
    4/11/2023 House • Favorable by Justice Appropriations Subcommittee
    • Reported out of Justice Appropriations Subcommittee
    • Now in Commerce Committee
    4/13/2023 House • Added to Commerce Committee agenda
    4/18/2023 House • Favorable with CS by Commerce Committee
    4/19/2023 House • Reported out of Commerce Committee
    4/20/2023 House • Laid on Table under Rule 7.18(a)
    • CS Filed
    • Bill referred to House Calendar
    • Bill added to Special Order Calendar (4/25/2023)
    • 1st Reading (Committee Substitute 1)
    4/25/2023 House • Read 2nd time
    • Amendment 111597 adopted
    • Placed on 3rd reading
    • Added to Third Reading Calendar
    4/26/2023 House • Read 3rd time
    • CS passed as amended; YEAS 113, NAYS 1
    4/26/2023 Senate • In Messages
    • Referred to Fiscal Policy
    • Received
    5/3/2023 Senate • Withdrawn from Fiscal Policy -SJ 735
    • Placed on Calendar, on 2nd reading
    • Substituted for CS/CS/SB 1624 -SJ 736
    • Read 2nd time -SJ 735
    • Placed on 3rd reading
    5/4/2023 Senate • Read 3rd time -SJ 816
    • CS passed; YEAS 39 NAYS 0 -SJ 816
    5/4/2023 House • In Messages
    • Ordered enrolled
    6/14/2023 • Signed by Officers and presented to Governor
    6/23/2023 • Approved by Governor
    6/26/2023 • Chapter No. 2023-290

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  • CS/HB 1353, Enrolled (Current Bill Version) Posted 5/4/2023 at 12:52 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1624 (c2) Commercial Financing Transaction Brokers and Providers Brodeur Similar Last Action: 5/3/2023 S Laid on Table, companion bill(s) passed, see CS/HB 1353 (Ch. 2023-290) -SJ 736

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    559.961 Page 2 (pdf)
    559.9611 Page 2 (pdf)
    559.9612 Page 5 (pdf)
    559.9613 Page 6 (pdf)
    559.9614 Page 8 (pdf)
    559.9615 Page 9 (pdf)

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  • CS/HB 1353, Engrossed 1 Posted 4/25/2023 at 10:13 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1624 (c2) Commercial Financing Transaction Brokers and Providers Brodeur Similar Last Action: 5/3/2023 S Laid on Table, companion bill(s) passed, see CS/HB 1353 (Ch. 2023-290) -SJ 736

    Floor Votes (2)

    Date Chamber Result
    4/26/2023 10:53 AM House 113 Yeas - 1 Nays
    5/4/2023 11:44 AM Senate 39 Yeas - 0 Nays

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    559.961 Page 2 (pdf)
    559.9611 Page 2 (pdf)
    559.9612 Page 5 (pdf)
    559.9613 Page 6 (pdf)
    559.9614 Page 8 (pdf)
    559.9615 Page 9 (pdf)

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  • CS/HB 1353, Committee Substitute 1 Posted 4/20/2023 at 8:28 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1624 (c2) Commercial Financing Transaction Brokers and Providers Brodeur Similar Last Action: 5/3/2023 S Laid on Table, companion bill(s) passed, see CS/HB 1353 (Ch. 2023-290) -SJ 736

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    111597 - Strike All Amendment
    Remove everything after the enacting clause and insert:
    Bankson 4/21/2023
    2:00 PM
    House: Adopted
    4/25/2023
    PDF

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    559.961 Page 1 (pdf)
    559.9611 Page 2 (pdf)
    559.9612 Page 5 (pdf)
    559.9613 Page 6 (pdf)
    559.9614 Page 8 (pdf)
    559.9615 Page 9 (pdf)

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  • HB 1353, Original Filed Version Posted 3/2/2023 at 1:10 PM

    Bill Text:   PDF
    Analyses:   Insurance & Banking Subcommittee (Post-Meeting) 6/26/2023 (pdf)
    Justice Appropriations Subcommittee (Post-Meeting) 4/11/2023 (pdf)
    Commerce Committee (Post-Meeting) 4/19/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1624 (c1) Commercial Financing Transaction Brokers and Providers Brodeur Similar Last Action: 5/3/2023 S Laid on Table, companion bill(s) passed, see CS/HB 1353 (Ch. 2023-290) -SJ 736

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    893001 - Strike All Amendment
    Remove everything after the enacting clause and insert:
    Bankson 4/14/2023
    9:19 PM
    Adopted without Objection
    4/18/2023
    PDF

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    559.961 Page 1 (pdf)
    559.9611 Page 2 (pdf)
    559.9612 Page 5 (pdf)
    559.9613 Page 6 (pdf)
    559.9614 Page 7 (pdf)
    559.9615 Page 9 (pdf)

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