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CS/SB 838: Electronic Payments of Retail Installment Contracts

GENERAL BILL by Commerce and Tourism ; Yarborough

Electronic Payments of Retail Installment Contracts; Defining the term “electronic payment”; authorizing a holder of a retail installment contract, or its agent, to collect a fee for processing a retail buyer’s electronic payment only if certain conditions are met, etc.

Effective Date: 7/1/2026
Last Action: 1/30/2026 Senate - On Committee agenda-- Banking and Insurance, 02/04/26, 10:30 am, 412 Knott Building
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Banking and Insurance (BI)
  3. Rules (RC)



Bill History

Date Chamber Action
12/9/2025 Senate • Filed
12/16/2025 Senate • Referred to Commerce and Tourism; Banking and Insurance; Rules
1/8/2026 Senate • On Committee agenda-- Commerce and Tourism, 01/13/26, 4:00 pm, 110 Senate Building
1/13/2026 Senate • CS by Commerce and Tourism; YEAS 10 NAYS 0
• Introduced
1/14/2026 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Banking and Insurance
• CS by Commerce and Tourism read 1st time
1/30/2026 Senate • On Committee agenda-- Banking and Insurance, 02/04/26, 10:30 am, 412 Knott Building