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Glossary of Legislative Terms

CS/CS/HB 857: Deferred Presentment Transactions

GENERAL BILL by Commerce Committee ; Insurance and Banking Subcommittee ; Grant, J. ; Cruz ; (CO-INTRODUCERS) Cortes, J. ; McGhee

Deferred Presentment Transactions; Authorizes deferred presentment transactions to be repaid in installments; provides requirements & procedures for customers, providers, & OFR for such transactions; revises restrictions & conspicuous disclosures; revises conditions for deposit or redemption of checks.

Effective Date: 7/1/2019
 Last Action: 3/6/2018 House - Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 920 (Ch. 2018-26) -HJ 1014
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    12/4/2017 House • Filed
    12/13/2017 House • Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 76
    1/9/2018 House • Introduced -HJ 76
    1/12/2018 House • On Committee agenda-- Insurance and Banking Subcommittee, 01/17/18, 12:30 pm, Sumner Hall
    1/17/2018 House • CS by Insurance and Banking Subcommittee; YEAS 15 NAYS 0 -HJ 372
    1/19/2018 House • Pending review of CS under Rule 7.18(c)
    • CS by Insurance and Banking Subcommittee read 1st time -HJ 368
    1/23/2018 House • Now in Government Operations and Technology Appropriations Subcommittee -HJ 391
    2/9/2018 House • On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 02/13/18, 9:30 am, Morris Hall
    2/13/2018 House • Favorable by Government Operations and Technology Appropriations Subcommittee; YEAS 9 NAYS 2 -HJ 594
    • Now in Commerce Committee -HJ 594
    2/20/2018 House • On Committee agenda-- Commerce Committee, 02/22/18, 9:00 am, Webster Hall
    2/22/2018 House • CS/CS by- Commerce Committee; YEAS 24 NAYS 0 -HJ 671
    • Pending review of CS -under Rule 7.18(c)
    • CS/CS by Commerce Committee read 1st time -HJ 665, 666
    2/25/2018 House • Placed on Calendar -HJ 679
    3/5/2018 House • Placed on Special Order Calendar, 03/06/18
    3/6/2018 House • Substituted CS/CS/CS/SB 920 -HJ 1014
    • Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 920 (Ch. 2018-26) -HJ 1014

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  • CS/CS/HB 857, Committee Substitute 2 (Current Bill Version) Posted 2/22/2018 at 4:50 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 920 (er) Deferred Presentment Transactions Bradley Similar Last Action: 3/21/2018 Chapter No. 2018-26 Track This Bill

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    560.111 Prohibited acts. Page 17 (pdf)
    560.402 Definitions. Page 3 (pdf)
    560.404 Requirements for deferred presentment transactions. Page 4 (pdf)
    560.405 Deposit; redemption. Page 17 (pdf)

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  • CS/HB 857, Committee Substitute 1 Posted 1/19/2018 at 11:18 AM

    Bill Text:   PDF
    Analyses:   Government Operations and Technology Appropriations Subcommittee (Post-Meeting) 2/13/2018 (pdf)
    Commerce Committee (Post-Meeting) 2/22/2018 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 920 (c2) Consumer Finance Bradley Similar Last Action: 3/21/2018 Chapter No. 2018-26 Track This Bill

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    194611 - Amendment
    Remove lines 386-387 and insert:     		Grant, J. 2/21/2018
    6:37 PM     		Adopted without Objection
    2/22/2018     		PDF
    192545 - Amendment
    Between lines 421 and 422, insert:     		Williams 2/21/2018
    6:39 PM     		Withdrawn
    2/22/2018     		PDF

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    560.111 Prohibited acts. Page 18 (pdf)
    560.402 Definitions. Page 3 (pdf)
    560.404 Requirements for deferred presentment transactions. Page 4 (pdf)
    560.405 Deposit; redemption. Page 17 (pdf)

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  • HB 857, Original Filed Version Posted 12/4/2017 at 9:17 AM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 3/21/2018 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 920 Deferred Presentment Transactions Bradley Identical Last Action: 3/21/2018 Chapter No. 2018-26 Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    850895 - Strike All Amendment
    Remove everything after the enacting clause and insert:     		Grant, J. 1/16/2018
    6:43 PM     		Adopted without Objection
    1/17/2018     		PDF

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    560.111 Prohibited acts. Page 15 (pdf)
    560.402 Definitions. Page 3 (pdf)
    560.404 Requirements for deferred presentment transactions. Page 3 (pdf)
    560.405 Deposit; redemption. Page 14 (pdf)

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