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CS/SB 894: Business Services

GENERAL BILL by Banking and Insurance ; Rouson ; (CO-INTRODUCERS) Gruters

Business Services; Creating the Access to Responsible Credit Pilot Program within the Office of Financial Regulation; requiring a program license from the office to advertise, offer, or make program loans or to impose certain charges or fees; specifying requirements for program licensees, program loans, loan repayments, rescissions, interest rates, program loan refinancing, receipts, disclosures and statements provided by program licensees to borrowers, origination fees, insufficient funds fees, and delinquency charges, etc. APPROPRIATION: $407,520

Effective Date: 1/1/2021
Last Action: 3/14/2020 Senate - Died in Appropriations
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations (AP)
  3. Rules (RC)

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  • Bill History

    Date Chamber Action
    11/13/2019 Senate • Filed
    12/13/2019 Senate • Referred to Banking and Insurance; Appropriations; Rules -SJ 68
    1/10/2020 Senate • On Committee agenda-- Banking and Insurance, 01/15/20, 10:30 am, 412 Knott Building
    1/14/2020 Senate • Introduced -SJ 68
    1/15/2020 Senate • CS by Banking and Insurance; YEAS 5 NAYS 2 -SJ 154
    1/17/2020 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Appropriations
    1/27/2020 Senate • CS by Banking and Insurance read 1st time -SJ 195
    3/14/2020 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Appropriations

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  • CS/SB 894, Committee Substitute 1 (Current Bill Version) Posted 1/17/2020 at 8:49 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 857 Business Services Fernandez-Barquin Similar Last Action: 3/14/2020 H Died in Insurance and Banking Subcommittee

    Citations - Statutes (7)

    Citation Catchline Location in Bill Location In Bill Help
    516.405 Page 3 (pdf)
    516.41 Page 4 (pdf)
    516.42 Page 6 (pdf)
    516.43 Page 10 (pdf)
    516.44 Page 19 (pdf)
    516.45 Page 26 (pdf)
    516.46 Page 27 (pdf)

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  • SB 894, Original Filed Version Posted 11/13/2019 at 9:27 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 1/16/2020 (pdf)
    Banking and Insurance (Post-Meeting) 1/17/2020 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 857 Business Services Fernandez-Barquin Similar Last Action: 3/14/2020 H Died in Insurance and Banking Subcommittee

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    366766 - Amendment
    Delete lines 104 - 114 and insert:
    Banking and Insurance
    (Rouson)
    1/14/2020
    9:40 AM
    Replaced by Committee Substitute
    1/15/2020
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    1/15/2020 10:30 AM Banking and Insurance 5 Yeas - 2 Nays

    Citations - Statutes (7)

    Citation Catchline Location in Bill Location In Bill Help
    516.405 Page 3 (pdf)
    516.41 Page 4 (pdf)
    516.42 Page 6 (pdf)
    516.43 Page 10 (pdf)
    516.44 Page 19 (pdf)
    516.45 Page 26 (pdf)
    516.46 Page 27 (pdf)

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