HB 67: Credit Counseling Services
GENERAL BILL by Porter ; (CO-INTRODUCERS) Costello
Credit Counseling Services; Requires that debt management & credit counseling services be provided pursuant to debt settlement plan; requires credit counseling agency to make certain disclosures to debtor before debtor consents to payment; prohibits credit counseling agency from making certain misrepresentations to debtor; provides certain conditions that credit counseling agency must meet before receiving payment; provides that debtor may withdraw any account funds placed with credit counseling agency at any time without penalty; authorizes credit counseling agency to hold funds in order to allow funds to accumulate.
Effective Date: 10/1/2012
Last Action: 3/9/2012 House - Died in Business and Consumer Affairs Subcommittee
Bill Text: Web Page | PDF
Last Action: 3/9/2012 House - Died in Business and Consumer Affairs Subcommittee
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 8/3/2011 | House |
• Filed |
| 9/15/2011 | House |
• Referred to Business and Consumer Affairs Subcommittee; Economic Affairs Committee -HJ 12 |
| 1/10/2012 | House |
• Introduced -HJ 12 |
| 3/9/2012 | House |
• Died in Business and Consumer Affairs Subcommittee |
