CS/HB 1347: Consumer Finance Loans
GENERAL BILL by Commerce Committee ; Brackett ; (CO-INTRODUCERS) López, J.
Consumer Finance Loans; Prohibits person from operating branch of business making consumer finance loans before obtaining license; revises maximum interest rates on consumer finance loans; revises minimum amount of time before delinquency charge may be imposed; requires licensees offering assistance program to borrowers after federally declared major disaster to send notice to office; requires licensees to offer to borrowers credit education programs or seminars; provides requirements for licensee claiming submitted information contains trade secret; requires licensees to suspend actions for certain timeframe after federally declared disaster.
- Fiscal Policy (FP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/5/2024 | House |
• Filed |
| 1/9/2024 | House |
• 1st Reading (Original Filed Version) |
| 1/13/2024 | House |
• Referred to Insurance & Banking Subcommittee • Referred to State Administration & Technology Appropriations Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 1/23/2024 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 1/25/2024 | House |
• Favorable by Insurance & Banking Subcommittee |
| 1/26/2024 | House |
• Reported out of Insurance & Banking Subcommittee • Now in State Administration & Technology Appropriations Subcommittee |
| 2/2/2024 | House |
• Added to State Administration & Technology Appropriations Subcommittee agenda |
| 2/6/2024 | House |
• Favorable by State Administration & Technology Appropriations Subcommittee • Reported out of State Administration & Technology Appropriations Subcommittee • Now in Commerce Committee |
| 2/13/2024 | House |
• Added to Commerce Committee agenda |
| 2/15/2024 | House |
• Favorable with CS by Commerce Committee |
| 2/16/2024 | House |
• Reported out of Commerce Committee • Laid on Table under Rule 7.18(a) • CS Filed |
| 2/19/2024 | House |
• Bill referred to House Calendar • 1st Reading (Committee Substitute 1) • Added to Second Reading Calendar |
| 2/27/2024 | House |
• Bill added to Special Order Calendar (3/1/2024) |
| 3/1/2024 | House |
• Read 2nd time • Placed on 3rd reading • Added to Third Reading Calendar |
| 3/4/2024 | House |
• Read 3rd time • CS passed; YEAS 104, NAYS 10 |
| 3/4/2024 | Senate |
• In Messages • Referred to Fiscal Policy • Withdrawn from Fiscal Policy -SJ 647 • Placed on Calendar, on 2nd reading • Substituted for CS/SB 1436 -SJ 647 • Received • Read 2nd time -SJ 647, 652 • Read 3rd time -SJ 653 • CS passed; YEAS 21 NAYS 18 -SJ 653 |
| 3/4/2024 | House |
• In Messages • Ordered enrolled |
| 6/17/2024 |
• Signed by Officers and presented to Governor |
|
| 6/28/2024 |
• Approved by Governor |
|
| 7/1/2024 |
• Chapter No. 2024-276 |
