Relating to requiring consumers to repay certain outstanding consumer loans before lenders make new consumer loans; and prescribing an effective date.
Summary
Prohibits title loan lender and payday loan lender from making loan to consumer until seven days after consumer has fully repaid outstanding title loan or payday loan. Becomes operative on January 1, 2020. Takes effect on 91st day following adjournment sine die.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2019
Committee Review
May 2019
House Passage
May 2019
Senate Passage
May 2019
Signed into Law
May 2019
Introduced Jan 14, 2019
Signed May 30, 2019
Floor votes · Senate May 22, 2019 · House Mar 26, 2019
How they voted
24–4
Passed · 1 other
Total votes 29
May 22, 2019
D
Democratic18
100% Yea
I
Independent1
100% Nay
R
Republican10
60% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
20
Key actions
7
Committee
4
May 30, 2019
Signed into law
Governor signed.
lower
May 23, 2019
Upper · Passed
President signed.
upper
May 23, 2019
Lower · Passed
Speaker signed.
lower
May 22, 2019
Upper · Passed
Third reading. Carried by Fagan. Passed.
upper
May 20, 2019
Upper · Passed
Recommendation: Do pass.
upper
Mar 29, 2019
Committee
Referred to Judiciary.
upper
Mar 28, 2019
Introduced
First reading. Referred to President's desk.
upper
Mar 26, 2019
Lower · Passed
Third reading. Carried by Alonso Leon. Passed.
lower
Mar 22, 2019
Lower · Passed
Recommendation: Do pass.
lower
Jan 15, 2019
Committee
Referred to Business and Labor.
lower
Jan 14, 2019
Introduced
First reading. Referred to Speaker's desk.
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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