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The Florida Senate

CS/SB 1478: Consumer Finance Loans

GENERAL BILL by Banking and Insurance ; Gibson

Consumer Finance Loans; Authorizing an applicant for a license to make and collect loans under the Florida Consumer Finance Act to provide certain documents in lieu of evidence of liquid assets; prohibiting a person licensed to make and collect consumer finance loans from charging prepayment penalties for loans; authorizing an applicant for a license to make and collect consumer finance loans or a licensee to provide a surety bond, certificate of deposit, or letter of credit in lieu of evidence of liquid assets, etc.

Effective Date: 10/1/2021
Last Action: 4/30/2021 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Rules (RC)

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  • Bill History

  • CS/SB 1478, Committee Substitute 1 (Current Bill Version) Posted 3/17/2021 at 4:07 PM

  • SB 1478, Original Filed Version Posted 2/19/2021 at 3:36 PM