CS/HB 275 (2012) -  Consumer Finance Charges

General Bill by Insurance & Banking Subcommittee and Burgin
Consumer Finance Charges: Increases proportionate loan amounts subject to descending maximum rates of interest; increases maximum delinquency charge that may be imposed for each loan payment in default for not less than specified time; revises maximum amount lender may impose as service charge on borrower who gives lender bad check in full or partial payment of loan; reenacts & revises provisions relating to penalties; provides application.
Effective Date: July 1, 2012, and shall apply to all consumer finance loans entered into on or after that date
Last Event: Died in Economic Affairs Committee on Friday, March 9, 2012 11:59 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: SB 438 Subject: Consumer Finance Charges Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Insurance & Banking Subcommittee 11/21/2011 3:44:21 PM
Chamber: House Committee: Insurance & Banking Subcommittee 11/10/2011 5:11:30 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Economic Affairs Committee Time: 03/09/2012 - 11:59 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H 1st Reading Time: 01/10/2012 - 11:59 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 01/10/2012 - 11:59 PM Member: Committee: Version: __
Event: H Now in Economic Affairs Committee Time: 11/22/2011 - 1:33 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H Referred to Economic Affairs Committee Time: 11/22/2011 - 1:33 PM Member: Committee: Economic Affairs Committee Version: c1
Event: H CS Filed Time: 11/21/2011 - 3:54 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 11/21/2011 - 3:54 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 11/21/2011 - 3:45 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 11/16/2011 - 10:30 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 11/09/2011 - 4:14 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 10/17/2011 - 6:27 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 10/17/2011 - 6:27 PM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 10/17/2011 - 6:27 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 10/05/2011 - 11:14 AM Member: Burgin Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
516.031 SB 438, SB 1894
516.19 SB 438, SB 1894