CS/CS/HB 1267: Consumer Finance Loans
GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Fernandez-Barquin
Consumer Finance Loans; Prohibits person from operating branch of business making consumer finance loans before authorized to do so & obtaining license from OFR; revises maximum interest rate on consumer finance loans; revises minimum amount of time before which delinquency charge for each payment in default may be imposed; requires licensees offering assistance program to borrowers after federally declared major disaster to send notice to office; requires licensees to file annual reports; requires licensees to suspend specified actions for after federally declared disaster.
Effective Date: 7/1/2023
Last Action: 10/26/2023 House - Veto Message Received (Special Session 2023C)
Bill Text: PDF
Last Action: 10/26/2023 House - Veto Message Received (Special Session 2023C)
Bill Text: PDF
Senate Committee References:
- Fiscal Policy (FP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/28/2023 | House |
• Filed |
| 3/6/2023 | House |
• Referred to Insurance & Banking Subcommittee • Referred to State Administration & Technology Appropriations Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 3/7/2023 | House |
• 1st Reading (Original Filed Version) |
| 3/23/2023 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 3/27/2023 | House |
• Favorable with CS by Insurance & Banking Subcommittee • Reported out of Insurance & Banking Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed |
| 3/28/2023 | House |
• 1st Reading (Committee Substitute 1) • Referred to State Administration & Technology Appropriations Subcommittee • Referred to Commerce Committee • Now in State Administration & Technology Appropriations Subcommittee |
| 4/10/2023 | House |
• Added to State Administration & Technology Appropriations Subcommittee agenda |
| 4/12/2023 | House |
• Favorable by State Administration & Technology Appropriations Subcommittee • Reported out of State Administration & Technology Appropriations Subcommittee • Now in Commerce Committee |
| 4/13/2023 | House |
• Added to Commerce Committee agenda |
| 4/18/2023 | House |
• Favorable with CS by Commerce Committee |
| 4/19/2023 | House |
• Reported out of Commerce Committee |
| 4/20/2023 | House |
• Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 2) |
| 4/21/2023 | House |
• Bill referred to House Calendar • Added to Second Reading Calendar |
| 4/24/2023 | House |
• Bill added to Special Order Calendar (4/27/2023) |
| 4/27/2023 | House |
• Read 2nd time • Added to Third Reading Calendar • Read 3rd time • CS passed; YEAS 96, NAYS 18 |
| 4/27/2023 | Senate |
• In Messages • Referred to Fiscal Policy • Received |
| 5/1/2023 | Senate |
• Withdrawn from Fiscal Policy -SJ 654 • Placed on Calendar, on 2nd reading • Substituted for CS/SB 580 -SJ 654 • Read 2nd time -SJ 654 • Amendment(s) failed (157894) -SJ 654 • Read 3rd time -SJ 654 • CS passed; YEAS 22 NAYS 9 -SJ 654 |
| 5/1/2023 | House |
• In Messages • Ordered enrolled |
| 6/26/2023 |
• Signed by Officers and presented to Governor • Vetoed by Governor |
|
| 10/26/2023 | House |
• Veto Message Received (Special Session 2023C) |
