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Glossary of Legislative Terms

HB 7087: Financial Services [EPCC]

GENERAL BILL by Jobs & Entrepreneurship Council ; Carroll

Financial Services [EPCC]; authorizes certain entities to offer optional guaranteed asset protection products under certain circumstances; includes debt cancellation products under casualty insurance; authorizes machine owners or operators to impose access fees or surcharges for machine use; authorizes state-mandated endowment to be maintained in trust accounts in financial institutions, etc. Amends Chs. 520, 624, 627, 655, 658.

Effective Date: 10/01/2007
 Last Action: 5/2/2008 House - Veto Message transmitted to Secretary of State
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/26/2007 House • Filed
    3/27/2007 House • Introduced, referred to Calendar -HJ 00272
    4/24/2007 House • Placed on Special Order Calendar; Read 2nd time -HJ 00629; Amendment(s) adopted -HJ 00629
    4/25/2007 House • Temporarily postponed, on 3rd Reading -HJ 00651
    4/26/2007 House • Read 3rd time -HJ 00771; Amendment(s) adopted -HJ 00771; Passed as amended; YEAS 117 NAYS 0 -HJ 00771
    4/26/2007 Senate • In Messages
    5/3/2007 Senate • Received, referred to Banking and Insurance; Commerce -SJ 01255; Withdrawn from Banking and Insurance; Commerce -SJ 00924; Substituted for CS/SB 2084 -SJ 00924; Read 2nd time -SJ 00924; Amendment(s) adopted (220468, 052818) -SJ 00925; Read 3rd time -SJ 00926; Passed as amended (220468, 052818); YEAS 38 NAYS 1 -SJ 00926
    5/3/2007 House • In returning messages; Concurred -HJ 01337; Passed as amended; YEAS 116 NAYS 1 -HJ 01338; Ordered engrossed, then enrolled -HJ 01338
    6/19/2007 • Signed by Officers and presented to Governor
    6/28/2007 • Vetoed by Governor
    10/3/2007 House • Veto Message received, referred to Rules & Calendar Council -HJ 00006
    5/2/2008 House • Veto Message transmitted to Secretary of State

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  • HB 7087, Enrolled (Current Bill Version) Posted 5/8/2007 at 12:38 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 2084 (c1) Financial Services [EPCC] Bennett Similar Last Action: 5/3/2007 S Placed on Special Order Calendar; Pending amendment adopted -SJ 00924; Amendment(s) adopted (772140, 163642); Amendment(s) reconsidered, withdrawn -SJ 00924; Substituted HB 7087 (Vetoed by Governor) -SJ 00924; Laid on Table -SJ 00924
    Location:
    H 249 (c1) Automated Teller Machine Transactions [EPCC] Carroll Compare Last Action: 5/4/2007 H Died in returning Messages
    Location:
    H 441 Debt Cancellation Products Brown Compare Last Action: 2/26/2007 H Withdrawn from Financial Institutions (JE); Jobs & Entrepreneurship Council; Withdrawn prior to introduction -HJ 00038
    Location:
    S 744 (e1) Automated Teller Machine Transactions [EPCC] Alexander Compare Last Action: 4/25/2007 S Substituted CS/HB 249 (Died in House returning Messages) -SJ 00531; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 1047 (Ch. 2007-252) -SJ 00531
    Location:

    Citations - Statutes (17)

    Citation Catchline Location in Bill Location In Bill Help
    520.02 Definitions.
    520.07 Requirements and prohibitions as to retail installment contracts.
    520.35 Revolving accounts.
    624.605 "Casualty insurance" defined.
    627.553 Debtor groups.
    627.679 Amount of insurance; disclosure.
    627.681 Term and evidence of insurance.
    655.005 Definitions.
    655.79 Deposits and accounts in two or more names; presumption as to vesting on death.
    655.947
    655.954 Financial institution loans; credit cards.
    655.966 Automated teller machine; surcharge.
    655.967
    658.21 Approval of application; findings required.
    658.34 Shares of capital stock.
    658.36 Changes in capital.
    658.44 Approval by stockholders; rights of dissenters; preemptive rights.

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  • HB 7087, Engrossed 3 Posted 5/3/2007 at 8:47 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (17)

    Citation Catchline Location in Bill Location In Bill Help
    520.02 Definitions.
    520.07 Requirements and prohibitions as to retail installment contracts.
    520.35 Revolving accounts.
    624.605 "Casualty insurance" defined.
    627.553 Debtor groups.
    627.679 Amount of insurance; disclosure.
    627.681 Term and evidence of insurance.
    655.005 Definitions.
    655.79 Deposits and accounts in two or more names; presumption as to vesting on death.
    655.947
    655.954 Financial institution loans; credit cards.
    655.966 Automated teller machine; surcharge.
    655.967
    658.21 Approval of application; findings required.
    658.34 Shares of capital stock.
    658.36 Changes in capital.
    658.44 Approval by stockholders; rights of dissenters; preemptive rights.

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  • HB 7087, Engrossed 2 Posted 4/26/2007 at 7:11 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Amendments (6)

    Amendment Sponsor Filed Last Floor Action Format
    220468 - Amendment
    		Bennett 5/1/2007
    4:34 PM     		Senate: Adopted
    5/3/2007     		Web Page
    PDF
    832466 - Amendment
    		Bennett 5/1/2007
    4:37 PM     		Senate: Withdrawn
    5/3/2007     		Web Page
    PDF
    590668 - Amendment
    		Bennett 5/2/2007
    10:04 AM     		Senate: Withdrawn
    5/3/2007     		Web Page
    PDF
    052818 - Amendment
    		Bennett 5/2/2007
    11:40 AM     		Senate: Adopted
    5/3/2007     		Web Page
    PDF
    244664 - Amendment
    		Wise 5/2/2007
    3:37 PM     		Senate: Withdrawn
    5/3/2007     		Web Page
    PDF
    963080 - Amendment
    		Peaden 5/2/2007
    5:35 PM     		Senate: Withdrawn
    5/3/2007     		Web Page
    PDF

    Floor Votes (2)

    Date Chamber Result
    5/3/2007 12:56 PM Senate 38 Yeas - 1 Nays
    5/3/2007 6:01 PM House 116 Yeas - 1 Nays

    Citations - Statutes (16)

    Citation Catchline Location in Bill Location In Bill Help
    520.02 Definitions.
    520.07 Requirements and prohibitions as to retail installment contracts.
    520.35 Revolving accounts.
    624.605 "Casualty insurance" defined.
    627.553 Debtor groups.
    627.679 Amount of insurance; disclosure.
    627.681 Term and evidence of insurance.
    655.005 Definitions.
    655.79 Deposits and accounts in two or more names; presumption as to vesting on death.
    655.947
    655.954 Financial institution loans; credit cards.
    655.967
    658.21 Approval of application; findings required.
    658.34 Shares of capital stock.
    658.36 Changes in capital.
    658.44 Approval by stockholders; rights of dissenters; preemptive rights.

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  • HB 7087, Engrossed 1 Posted 4/24/2007 at 9:57 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    426387 - Amendment
    		Reagan 4/25/2007
    1:59 PM     		Web Page
    PDF

    Floor Votes (1)

    Date Chamber Result
    4/26/2007 4:37 PM House 117 Yeas - 0 Nays

    Citations - Statutes (16)

    Citation Catchline Location in Bill Location In Bill Help
    520.02 Definitions.
    520.07 Requirements and prohibitions as to retail installment contracts.
    520.35 Revolving accounts.
    624.605 "Casualty insurance" defined.
    627.553 Debtor groups.
    627.679 Amount of insurance; disclosure.
    627.681 Term and evidence of insurance.
    655.005 Definitions.
    655.79 Deposits and accounts in two or more names; presumption as to vesting on death.
    655.947
    655.954 Financial institution loans; credit cards.
    655.967
    658.21 Approval of application; findings required.
    658.34 Shares of capital stock.
    658.36 Changes in capital.
    658.44 Approval by stockholders; rights of dissenters; preemptive rights.

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  • HB 7087, Original Filed Version Posted 3/26/2007 at 6:48 PM

    Bill Text:   Web Page | PDF
    Analyses:   Jobs & Entrepreneurship Council (Post-Meeting) (pdf)

    Floor Amendments (5)

    Amendment Sponsor Filed Last Floor Action Format
    270163 - Amendment
    		Carroll 4/20/2007
    4:52 PM     		Web Page
    PDF
    hierarchy 548829 - Amendment to Amendment (270163)
    		Carroll 4/24/2007
    1:32 PM     		Web Page
    PDF
    623923 - Amendment
    		Carroll 4/24/2007
    1:32 PM     		Web Page
    PDF
    105405 - Amendment
    		Carroll 4/24/2007
    1:32 PM     		Web Page
    PDF
    208187 - Amendment
    		Lopez-Cantera 4/24/2007
    3:08 PM     		Web Page
    PDF

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    520.02 Definitions.
    520.07 Requirements and prohibitions as to retail installment contracts.
    520.35 Revolving accounts.
    624.605 "Casualty insurance" defined.
    627.553 Debtor groups.
    627.679 Amount of insurance; disclosure.
    627.681 Term and evidence of insurance.
    655.005 Definitions.
    655.79 Deposits and accounts in two or more names; presumption as to vesting on death.
    655.947
    655.954 Financial institution loans; credit cards.
    658.21 Approval of application; findings required.
    658.34 Shares of capital stock.
    658.36 Changes in capital.
    658.44 Approval by stockholders; rights of dissenters; preemptive rights.

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