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CS/HB 1425: Nonrecourse Loans

GENERAL BILL by Insurance, Business, and Financial Affairs Policy Committee ; Lopez-Cantera

Nonrecourse Loans; Authorizes licensees to charge & receive interest & monthly administrative fee in nonrecourse loan transactions; provides limitations.

Effective Date: 07/01/2009
Last Action: 5/2/2009 House - Indefinitely postponed and withdrawn from consideration; Died in General Government Policy Council
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/2/2009 House • Filed
    3/3/2009 House • Introduced -HJ 00117
    3/9/2009 House • Referred to Insurance, Business, & Financial Affairs Policy (GGPC); Civil Justice & Courts Policy (CCJP); General Government Policy Council -HJ 00194
    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 10 NAYS 6 -HJ 00278
    3/26/2009 House • CS read 1st time on 03/26/09 -HJ 00273; CS filed
    3/30/2009 House • CS referred to General Government Policy Council; Government Operations Appropriations (CGHC) -HJ 00316; Now in General Government Policy Council
    5/2/2009 House • Indefinitely postponed and withdrawn from consideration; Died in General Government Policy Council

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  • CS/HB 1425, Committee Substitute 1 (Current Bill Version) Posted 3/26/2009 at 12:17 PM

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

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    516.01 Definitions.
    516.031 Finance charge; maximum rates.

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  • HB 1425, Original Filed Version Posted 3/2/2009 at 12:35 PM

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

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    516.01 Definitions.
    516.031 Finance charge; maximum rates.

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