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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Last Action: 5/2/2009 House - Indefinitely postponed and withdrawn from consideration; Died in Committee on Civil Justice & Courts Policy (CCJP)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

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  • 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    5/2/2009 House • Indefinitely postponed and withdrawn from consideration; Died in Committee on Civil Justice & Courts Policy (CCJP)

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  • CS/HB 1045, Committee Substitute 1 (Current Bill Version) Posted 3/27/2009 at 4:14 PM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance, Business, and Financial Affairs Policy Committee (Post-Meeting) (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 2412 Debt Settlement Services Act [CPSC] Bennett Similar Last Action: 5/2/2009 S Indefinitely postponed and withdrawn from consideration; Died in Committee on Governmental Oversight and Accountability
    Location:

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  • HB 1045, Original Filed Version Posted 2/26/2009 at 5:39 PM