HB 1177 (2016) -  Deferred Presentment Transactions

by Watson, B.
Provides maximum amount that may be charged per annum for interest, fees, or other charges in deferred presentment transaction; prohibits engaging in device or subterfuge in order to evade specified requirements; declares that deferred presentment transaction that does not comply with specified requirements is void; declares that deferred presentment transaction in which certain interest, fees, or other charges are charged is usurious.
Effective Date: July 1, 2016
Last Event: Died in Insurance & Banking Subcommittee on Friday, March 11, 2016 6:45 PM

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Insurance & Banking Subcommittee Time: 03/11/2016 - 6:45 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 01/13/2016 - 1:13 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Regulatory Affairs Committee Time: 01/13/2016 - 1:13 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Referred to Civil Justice Subcommittee Time: 01/13/2016 - 1:13 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 01/13/2016 - 1:13 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/12/2016 - 8:37 PM Member: Committee: Version: __
Event: H Filed Time: 01/07/2016 - 12:17 PM Member: Watson, B. Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
560.404 SB 1524
687.02