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CS/HB 661: Consumer Finance

GENERAL BILL by Financial Services ; Roberts-Burke ; (CO-INTRODUCERS) Green

Consumer Finance; increases application fee; authorizes Banking & Finance Dept. to adopt rules providing for electronic filing of forms, documents, & fees; requires licensees to notify dept. before relocating business; requires licensee to report bankruptcy filings to dept.; revises methodology by which amount financed is calculated for purposes of required contents of retail installment contracts, etc. Amends FS.

Effective Date: 10/01/1999 except as otherwise provided
Last Action: 4/21/1999 House - Placed on General Calendar; Senate Bill substituted; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/SB 1264 (Ch. 99-164) -HJ 00689
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/9/1999 House • Prefiled
    2/12/1999 House • Referred to Financial Services (CAC); Business Regulation & Consumer Affairs (CAC); General Government Appropriations (FRC)
    3/2/1999 House • Introduced, referred to Financial Services (CAC); Business Regulation & Consumer Affairs (CAC); General Government Appropriations (FRC) -HJ 00061
    3/9/1999 House • On Committee agenda-- Financial Services (CAC), 03/11/99, 1:00 pm, 214C
    3/11/1999 House • Comm. Action: Unanimously CS by Financial Services (CAC) -HJ 00382
    3/24/1999 House • CS read first time on 03/24/99 -HJ 00379
    3/18/1999 House • Pending review of CS under Rule 113
    3/22/1999 House • Original reference(s) removed: Business Regulation & Consumer Affairs (CAC); General Government Appropriations (FRC); CS referred to Business Regulation & Consumer Affairs (CAC); Governmental Rules & Regulations (PRC); General Government Appropriations (FRC) -HJ 00382, -HJ 00518
    3/26/1999 House • Withdrawn from Business Regulation & Consumer Affairs (CAC) -HJ 00405; Now in Governmental Rules & Regulations (PRC); On Committee agenda-- Governmental Rules & Regulations (PRC), 03/30/99, 1:30 pm, 116K
    3/30/1999 House • Comm. Action: Unanimously Favorable by Governmental Rules & Regulations (PRC) -HJ 00512
    4/1/1999 House • Now in General Government Appropriations (FRC) -HJ 00512
    4/7/1999 House • On Committee agenda-- General Government Appropriations (FRC), 04/09/99, 9:45 am, 214C
    4/9/1999 House • Comm. Action:-Unanimously Favorable by General Government Appropriations (FRC) -HJ 00580
    4/12/1999 House • Placed on calendar, available for General Calendar -HJ 00580
    4/21/1999 House • Placed on General Calendar; Senate Bill substituted; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/SB 1264 (Ch. 99-164) -HJ 00689

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  • CS/HB 661, Committee Substitute 1 (Current Bill Version) Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   Financial Services (Post-Meeting) 3/16/1999 (pdf)
    General Government Appropriations (Post-Meeting) 4/7/1999 (pdf)
    General Government Appropriations (Post-Meeting) 4/10/1999 (pdf)
    Governmental Rules & Regulations (Post-Meeting) 3/29/1999 (pdf)
    Governmental Rules & Regulations (Post-Meeting) 3/31/1999 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1264 (e1) Rossin Similar Last Action: 5/13/1999 Approved by Governor; Chapter No. 99-164
    Location:

    Citations - Statutes (22)

    Citation Catchline Location in Bill Location In Bill Help
    516.03 Application for license; fees; etc.
    516.05 License.
    516.07 Grounds for denial of license or for disciplinary action.
    516.11 Investigations and complaints.
    516.12 Records to be kept by licensee.
    520.02 Definitions.
    520.03 Licenses.
    520.07 Requirements and prohibitions as to retail installment contracts.
    520.085 Simple-interest contracts.
    520.31 Definitions.
    520.32 Licenses.
    520.34 Retail installment contracts.
    520.52 Licensees.
    520.61 Definitions.
    520.63 Licensees.
    520.994 Powers of department.
    520.995 Grounds for disciplinary action.
    520.996 Investigations and complaints.
    520.997 Books, accounts, and records.
    559.9232 Definitions; exclusion of rental-purchase agreements from certain regulations.
    681.102 Definitions.
    697.05 Balloon mortgages; scope of law; definition; requirements as to contents; penalties for violations; exemptions.

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  • HB 661, Original Filed Version Posted 8/28/2000 at 9:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   Financial Services (Post-Meeting) 3/8/1999 (pdf)

    Citations - Statutes (21)

    Citation Catchline Location in Bill Location In Bill Help
    516.03 Application for license; fees; etc.
    516.05 License.
    516.07 Grounds for denial of license or for disciplinary action.
    516.11 Investigations and complaints.
    516.12 Records to be kept by licensee.
    520.02 Definitions.
    520.03 Licenses.
    520.07 Requirements and prohibitions as to retail installment contracts.
    520.085 Simple-interest contracts.
    520.31 Definitions.
    520.32 Licenses.
    520.34 Retail installment contracts.
    520.52 Licensees.
    520.61 Definitions.
    520.63 Licensees.
    520.995 Grounds for disciplinary action.
    520.996 Investigations and complaints.
    520.997 Books, accounts, and records.
    559.9232 Definitions; exclusion of rental-purchase agreements from certain regulations.
    681.102 Definitions.
    697.05 Balloon mortgages; scope of law; definition; requirements as to contents; penalties for violations; exemptions.

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