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CS/SB 1834: Fair Accountability in Interest Rate

GENERAL BILL by Governmental Oversight and Productivity ; Latvala ; Meek ; (CO-INTRODUCERS) KURTH ; Saunders

Fair Accountability in Interest Rate; (THIS BILL COMBINES S1834,694) creates "Fair Accountability in Interest Rates Act of 2000"; requires licensure by Banking & Finance Dept. to act as title loan lender; provides remedies for title loans made or serviced without licensure; provides for title loan agreement; provides for reclaiming repossessed motor vehicle under certain circumstances; provides for title loan interest rates, etc. Amends Ch. 538, 560.309. APPROPRIATION: $500,000.

Effective Date: 10/01/2000 except as otherwise provided
 Last Action: 4/27/2000 Senate - Placed on Special Order Calendar -SJ 00520; Read second time -SJ 00550; Amendment(s) adopted -SJ 00550; House Bill substituted -SJ 00551; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/HB 301 (Ch. 2000-138)
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Bill History

Date Chamber Action
2/28/2000 Senate • Prefiled
3/7/2000 Senate • Introduced, referred to Governmental Oversight and Productivity -SJ 00112
3/10/2000 Senate • On Committee agenda-- Governmental Oversight and Productivity, 03/15/00, 3:30 pm, 37-S
3/15/2000 Senate • CS combines this bill with 694; Comm. Action:-CS by Governmental Oversight and Productivity; YEAS 7 NAYS 0 -SJ 00236; CS read first time on 03/16/00 -SJ 00243
3/16/2000 Senate • Placed on Calendar -SJ 00236
4/27/2000 Senate • Placed on Special Order Calendar -SJ 00520; Read second time -SJ 00550; Amendment(s) adopted -SJ 00550; House Bill substituted -SJ 00551; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/HB 301 (Ch. 2000-138)