SB 142: Debtors and Creditors [CPSC]
GENERAL BILL by Bullard
Debtors and Creditors [CPSC]; Requires lenders or creditors to verify the identity of persons applying for a loan, credit card, or extension of credit. Provides that knowing and willful use of personal identifying information of another individual creates a rebuttable presumption. Provides for the forfeiture of any future indebtedness for failure to verify an applicant's identity.
Effective Date: 07/01/2009
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 12/3/2008 | Senate |
• Filed |
| 12/17/2008 | Senate |
• Referred to Banking and Insurance; Judiciary |
| 3/3/2009 | Senate |
• Introduced, referred to Banking and Insurance; Judiciary -SJ 00014 |
| 5/2/2009 | Senate |
• Indefinitely postponed and withdrawn from consideration; Died in Committee on Banking and Insurance |