CS/SB 894 (2020) -  Business Services

General Bill by Banking and Insurance and Rouson (CO-SPONSORS) Gruters
Business Services: Creating the Access to Responsible Credit Pilot Program within the Office of Financial Regulation; requiring a program license from the office to advertise, offer, or make program loans or to impose certain charges or fees; specifying requirements for program licensees, program loans, loan repayments, rescissions, interest rates, program loan refinancing, receipts, disclosures and statements provided by program licensees to borrowers, origination fees, insufficient funds fees, and delinquency charges, etc.
Effective Date: 01/01/2021
Last Event: 03/14/20 S Died in Appropriations on Saturday, March 14, 2020 12:00 AM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 01/15/20 10:30 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 5   Nays 2
  • Appropriations
  • Rules

Related Bills

Bill # Subject Relationship
Bill #: HB 857 Subject: Business Services Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Banking and Insurance 1/17/2020 8:45:23 AM
Chamber: Senate Committee: Banking and Insurance 1/16/2020 9:44:05 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Appropriations Time: 03/14/2020 - 12:00 AM Member: Committee: Appropriations Version: c1
Event: S Indefinitely postponed and withdrawn from consideration Time: 03/14/2020 - 12:00 AM Member: Committee: Version: c1
Event: S CS by Banking and Insurance read 1st time -SJ 195 Time: 01/27/2020 - 3:20 PM Member: Committee: Banking and Insurance Version: c1
Event: S Now in Appropriations Time: 01/17/2020 - 1:06 PM Member: Committee: Appropriations Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 01/17/2020 - 8:47 AM Member: Committee: Banking and Insurance Version: __
Event: S CS by Banking and Insurance; YEAS 5 NAYS 2 -SJ 154 Time: 01/15/2020 - 12:39 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced -SJ 68 Time: 01/14/2020 - 11:02 AM Member: Committee: Version: __
Event: S On Committee agenda-- Banking and Insurance, 01/15/20, 10:30 am, 412 Knott Building Time: 01/10/2020 - 2:09 PM Member: Committee: Banking and Insurance Version: __
Event: S Referred to Banking and Insurance; Appropriations; Rules -SJ 68 Time: 12/13/2019 - 11:34 AM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 11/13/2019 - 9:28 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
516.405 HB 857
516.41 HB 857
516.42 HB 857
516.43 HB 857
516.44 HB 857
516.45 HB 857
516.46 HB 857