HB 123 Florida House · 2022 Regular Session

Consumer Finance Loans

Summary

Consumer Finance Loans; Authorizes licensee & applicant for license to make & collect loans under Florida Consumer Finance Act to provide surety bond, certificate of deposit, or letter of credit in lieu of liquid assets; prohibits person licensed to make & collect consumer finance loans from charging prepayment penalties for loans; revises grounds for denial of license or disciplinary action; revises exceptions for licensee during Financial Technology Sandbox period.

Bill status passed 3 of 5 stages cleared

Introduction

Dec 2021

Committee Review

Feb 2022

House Passage

Mar 2022

Senate Passage

Governor

Introduced Dec 1, 2021 Last action Mar 3, 2022

Floor votes · House Feb 1, 2022

How they voted

20–0

Passed · 2 other

Total votes 22

Feb 1, 2022

D Democratic6

6 Yea

100% Yea

R Republican16

14 Yea 2

87% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 3, 2022

Lower · Passed

Laid on Table; companion bill(s) passed, see SB 546 (Ch. 2022-130)

lower

Feb 1, 2022

House · Passed

House Vote: pass (20-0-2)

house

Feb 1, 2022

Lower · Passed

Reported out of Commerce Committee

lower

Feb 1, 2022

Lower · Passed

Favorable by Commerce Committee

lower

Jan 28, 2022

Lower · Passed

Added to Commerce Committee agenda

lower

Jan 14, 2022

Lower · Passed

Added to Commerce Committee agenda

lower

Dec 3, 2021

Lower · Passed

Now in Commerce Committee

lower

Dec 3, 2021

Committee

Referred to Commerce Committee

lower

Dec 1, 2021

Introduced

CS Filed

lower

Dec 1, 2021

Lower · Passed

Reported out of Insurance & Banking Subcommittee

lower

Dec 1, 2021

Lower · Passed

Favorable with CS by Insurance & Banking Subcommittee

lower

Nov 23, 2021

Lower · Passed

Added to Insurance & Banking Subcommittee agenda

lower

Sep 29, 2021

Lower · Passed

Now in Insurance & Banking Subcommittee

lower

Sep 29, 2021

Committee

Referred to Commerce Committee

lower

Sep 29, 2021

Committee

Referred to Insurance & Banking Subcommittee

lower

1 primary · 2 co-sponsors