CS/HB 123: Consumer Finance Loans
GENERAL BILL by Insurance and Banking Subcommittee ; Stevenson ; (CO-INTRODUCERS) Benjamin ; Fernandez-Barquin
Consumer Finance Loans; Authorizes licensee & applicant for license to make & collect loans under Florida Consumer Finance Act to provide surety bond, certificate of deposit, or letter of credit in lieu of liquid assets; prohibits person licensed to make & collect consumer finance loans from charging prepayment penalties for loans; revises grounds for denial of license or disciplinary action; revises exceptions for licensee during Financial Technology Sandbox period.
Effective Date: 10/1/2022
Last Action: 3/3/2022 House - Laid on Table; companion bill(s) passed, see SB 546 (Ch. 2022-130)
Bill Text: PDF
Last Action: 3/3/2022 House - Laid on Table; companion bill(s) passed, see SB 546 (Ch. 2022-130)
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 9/16/2021 | House |
• Filed |
| 9/29/2021 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 11/23/2021 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 12/1/2021 | House |
• Favorable with CS by Insurance & Banking Subcommittee • Reported out of Insurance & Banking Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed |
| 12/3/2021 | House |
• Referred to Commerce Committee • Now in Commerce Committee |
| 1/11/2022 | House |
• 1st Reading (Original Filed Version) • 1st Reading (Committee Substitute 1) |
| 1/14/2022 | House |
• Added to Commerce Committee agenda |
| 1/28/2022 | House |
• Added to Commerce Committee agenda |
| 2/1/2022 | House |
• Favorable by Commerce Committee • Reported out of Commerce Committee • Bill released to House Calendar • Added to Second Reading Calendar |
| 2/28/2022 | House |
• Bill added to Special Order Calendar (3/3/2022) |
| 3/3/2022 | House |
• Substituted SB 546 • Laid on Table; companion bill(s) passed, see SB 546 (Ch. 2022-130) |
