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CS/HB 1045: Debt Settlement

GENERAL BILL by Insurance, Business, and Financial Affairs Policy Committee ; Hudson ; (CO-INTRODUCERS) Schultz

Debt Settlement; Creates "Debt Settlement Services Act"; requires that person be licensed in order to provide or offer debt settlement services to client residing in state; provides exceptions to application of act; provides for application form; requires fee & proof of insurance policy or surety bond; requires debt settlement advisor to notify OFR of change of license information within prescribed time, etc.

Effective Date: 07/01/2009
Last Action: 5/2/2009 House - Indefinitely postponed and withdrawn from consideration; Died in Committee on Civil Justice & Courts Policy (CCJP)
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/20/2009 House • Filed
3/3/2009 House • Introduced -HJ 00083
3/9/2009 House • Referred to Insurance, Business, & Financial Affairs Policy (GGPC); Civil Justice & Courts Policy (CCJP); General Government Policy Council; Government Operations Appropriations (CGHC) -HJ 00188
3/20/2009 House • On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 03/24/09, 8:00 am, Webster Hall
3/24/2009 House • CS by Insurance, Business, & Financial Affairs Policy (GGPC); YEAS 16 NAYS 0 -HJ 00299
3/30/2009 House • CS read 1st time on 03/30/09 -HJ 00294
• Now in Civil Justice & Courts Policy (CCJP) -HJ 00316
3/27/2009 House • CS filed
5/2/2009 House • Indefinitely postponed and withdrawn from consideration; Died in Committee on Civil Justice & Courts Policy (CCJP)