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The Florida Senate

CS/SB 594: Consumer Finance

GENERAL BILL by Banking and Insurance ; Garcia

Consumer Finance; Authorizing a licensee under the Florida Consumer Finance Act to charge, contract for, and receive a specified interest rate on certain loans; specifying limitations for delinquency charges; revising a provision authorizing insufficient funds fees under certain circumstances, etc.

Effective Date: 7/1/2017
Last Action: 5/5/2017 Senate - Died in Appropriations
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Appropriations (AP)
  4. Rules (RC)

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  • Bill History

    Date Chamber Action
    1/30/2017 Senate • Filed
    2/9/2017 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations; Rules -SJ 78
    3/7/2017 Senate • Introduced -SJ 78
    3/22/2017 Senate • On Committee agenda-- Banking and Insurance, 03/27/17, 4:00 pm, 110 Senate Office Building
    3/27/2017 Senate • CS by Banking and Insurance; YEAS 8 NAYS 1 -SJ 257
    3/29/2017 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Appropriations Subcommittee on General Government -SJ 257
    • CS by Banking and Insurance read 1st time -SJ 262
    4/10/2017 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 04/13/17, 2:30 pm, 110 Senate Office Building
    4/13/2017 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on General Government; YEAS 6 NAYS 3 -SJ 412
    4/14/2017 Senate • Now in Appropriations -SJ 412
    5/5/2017 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Appropriations

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  • CS/SB 594, Committee Substitute 1 (Current Bill Version) Posted 3/29/2017 at 8:48 AM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on General Government (Pre-Meeting) 4/12/2017 (pdf)
    Appropriations Subcommittee on General Government (Post-Meeting) 4/14/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 347 Consumer Finance Fine Similar Last Action: 5/5/2017 H Died in Insurance and Banking Subcommittee

    Committee Votes (1)

    Date Committee Result
    4/13/2017 2:30 PM Appropriations Subcommittee on General Government 6 Yeas - 3 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    516.031 Finance charge; maximum rates. Page 1 (pdf)

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  • SB 594, Original Filed Version Posted 1/30/2017 at 2:25 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/24/2017 (pdf)
    Banking and Insurance (Post-Meeting) 3/28/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 347 Consumer Finance Fine Similar Last Action: 5/5/2017 H Died in Insurance and Banking Subcommittee

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    872886 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:
    Banking and Insurance
    (Garcia)
    3/24/2017
    3:17 PM
    Replaced by Committee Substitute
    3/27/2017
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/27/2017 4:00 PM Banking and Insurance 8 Yeas - 1 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    516.031 Finance charge; maximum rates. Page 1 (pdf)
    516.36 Monthly installment requirement. Page 6 (pdf)

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