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Glossary of Legislative Terms

CS/SB 550: Collection of Worthless Payment Instruments

GENERAL BILL by Banking and Insurance ; Simpson

Collection of Worthless Payment Instruments; Applying certain provisions relating to civil actions brought to collect dishonored checks, drafts, and orders of payment to specified types of payment instruments to permit the award of triple damages, court costs, and reasonable attorney fees, the imposition of service charges, and requirements for written demands for payment that must be delivered before commencement of collection actions; authorizing the payee of a dishonored payment instrument to recover bank fees and a service charge without filing a civil action, etc.

Effective Date: 7/1/2013
 Last Action: 5/2/2013 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 457 (Ch. 2013-113) -SJ 1021
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)


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Bill History

Date Chamber Action
1/31/2013 Senate • Filed
2/6/2013 Senate • Referred to Banking and Insurance; Commerce and Tourism; Judiciary -SJ 42
3/5/2013 Senate • Introduced -SJ 42
3/28/2013 Senate • On Committee agenda-- Banking and Insurance, 04/02/13, 12:30 pm, 110 Senate Office Building
4/2/2013 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0
4/4/2013 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Commerce and Tourism -SJ 346
• CS by Banking and Insurance read 1st time -SJ 352
4/10/2013 Senate • On Committee agenda-- Commerce and Tourism, 04/15/13, 3:30 pm, 110 Senate Office Building
4/15/2013 Senate • Favorable by Commerce and Tourism; YEAS 11 NAYS 0 -SJ 476
• Now in Judiciary -SJ 476
4/30/2013 Senate • Withdrawn from Judiciary -SJ 881
• Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 05/02/13
5/2/2013 Senate • Read 2nd time -SJ 1021
• Substituted CS/CS/HB 457 -SJ 1021
• Laid on Table, companion bill(s) passed, see CS/CS/HB 457 (Ch. 2013-113) -SJ 1021