COLLECTION AGENCY ACT
Summary
Amends the Regulatory Sunset Act. Removes the Collection Agency Act from the list of Acts being repealed under the Act. Amends the Collection Agency Act. Makes changes concerning defined terms; exempt persons and entities under the Act; unlicensed practice; disciplinary actions; communication; informal conferences; penalties; investigations; the record of hearing; oaths; findings and recommendations; hearings; orders; and returned payments. Provides that the fee rate a collection agency can charge may be modified by rule to not less than 25% of the amount of child support actually collected by the collection agency but not greater than 35%. Repeals provisions concerning the Collection Agency Licensing and Disciplinary Board and provisions concerning when a person acts as a collection agency. Makes other changes.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2025
Committee Review
Apr 2025
Senate Passage
May 2025
House Passage
May 2025
Signed into Law
Aug 2025
Introduced Apr 9, 2025
Signed Aug 1, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
Engrossed
→
Enrolled
·
2 edits
·
Aug 1, 2025
MINOR
The primary change between the Engrossed and Enrolled versions of SB 2457 is the update of the document title from 'Engrossed' to 'Enrolled,' indicating the bill has been finalized and approved for signature by the Governor. Additionally, there is a minor formatting adjustment in the definition of 'Consumer debt,' where extra spacing was removed from the text.
TECHNICAL
The document header was updated to reflect the bill's final 'Enrolled' status, signifying it is ready for the Governor's signature.
Minor formatting correction was made to the definition of 'Consumer debt' by removing unnecessary extra spaces between words.
Floor votes · Senate Apr 9, 2025 · House May 22, 2025
How they voted
55–0
Passed · 3 other
Total votes 58
Apr 9, 2025
D
Democratic39
92% Yea
R
Republican19
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
38
Key actions
9
Committee
9
Amendments
6
Aug 1, 2025
Signed into law
Governor Approved
upper
May 22, 2025
Upper · Passed
Passed Both Houses
upper
May 22, 2025
Lower · Passed
Third Reading - Short Debate - Passed 113-000-000
lower
Apr 29, 2025
Lower · Passed
Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000
lower
Apr 17, 2025
Committee
Assigned to Financial Institutions and Licensing Committee
lower
Apr 9, 2025
Committee
Referred to Rules Committee
lower
Apr 9, 2025
Introduced
Arrived in House
lower
Apr 9, 2025
Upper · Passed
Third Reading - Passed; 056-000-000
upper
Apr 3, 2025
Upper · Passed
Senate Floor Amendment No. 2 Adopted; Walker
upper
Apr 3, 2025
Introduced
Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 008-000-000
upper
Apr 1, 2025
Introduced
Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions
upper
Apr 1, 2025
Committee
Senate Floor Amendment No. 2 Referred to Assignments
upper
Apr 1, 2025
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Mark L. Walker
upper
Mar 19, 2025
Upper · Passed
Do Pass as Amended Financial Institutions; 008-000-000
upper
Mar 19, 2025
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 18, 2025
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
upper
Mar 17, 2025
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Mar 17, 2025
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker
upper
Mar 4, 2025
Committee
Assigned to Financial Institutions
upper
Feb 7, 2025
Committee
Referred to Assignments
upper
2 primary · 3 co-sponsors
Sponsors
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