Consumer Finance Loans
Summary
Consumer Finance Loans; Prohibiting a person from operating a branch of a business making consumer finance loans before obtaining a license from the Office of Financial Regulation; revising the maximum interest rate and the calculation of interest rates on consumer finance loans; requiring licensees offering an assistance program to borrowers after a federally declared major disaster to send a specified notice to the office within a certain timeframe; requiring certain licensees to suspend specified actions for a certain timeframe after a federally declared disaster, etc.
Bill status
vetoed
2 of 3 stages cleared
Introduction
Mar 2023
Committee Review
Apr 2023
Vetoed
May 2023
Introduced Mar 7, 2023
Vetoed May 1, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
18
Key actions
7
Committee
8
May 1, 2023
Vetoed
Substituted CS/CS/HB 1267 (Vetoed by Governor)
upper
Apr 25, 2023
Upper · Passed
Favorable by- Fiscal Policy; YEAS 15 NAYS 4
upper
Apr 20, 2023
Upper · Passed
On Committee agenda-- Fiscal Policy, 04/25/23, 10:00 am, 412 Knott Building
upper
Apr 18, 2023
Upper · Passed
Favorable by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 10 NAYS 3
upper
Apr 13, 2023
Upper · Passed
On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 04/18/23, 12:00 pm, 110 Senate Building
upper
Mar 31, 2023
Upper · Passed
Now in Appropriations Committee on Agriculture, Environment, and General Government
upper
Mar 31, 2023
Upper · Passed
Pending reference review under Rule 4.7(2) - (Committee Substitute)
upper
Mar 24, 2023
Upper · Passed
On Committee agenda-- Banking and Insurance, 03/29/23, 8:30 am, 412 Knott Building
upper
Mar 7, 2023
Introduced
Introduced
upper
Feb 16, 2023
Committee
Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joe Gruters
RRepublican
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