FL H0857 | 2020 | Regular Session

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Failed on March 14 2020 - 100% progression
Action: 2020-03-14 - Died in Insurance and Banking Subcommittee
Text: Latest bill text (Introduced) [PDF]

Summary

Creates Access to Responsible Credit Pilot Program within OFR to provide consumer loans; requires persons to obtain program license from office before engaging in certain actions relating to program loans; requires program licensee's program branch offices to be licensed; provides requirements for program licensees, program loans, loan repayments, loan rescissions, interest rates, program loan refinancing, receipts, disclosures & statements provided by program licensees to borrowers, origination fees, insufficient funds fees, & delinquency charges; authorizes program licensees to provide program loans only to residents of specified counties; specifies program loan underwriting requirements for program licensees.

Tracking Information

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Title

Business Services

Sponsors


History

DateChamberAction
2020-03-14HouseDied in Insurance and Banking Subcommittee
2020-03-14HouseIndefinitely postponed and withdrawn from consideration
2020-01-14HouseIntroduced
2019-12-16HouseReferred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee
2019-12-04HouseFiled

Same As/Similar To

S894 (Similar To) 2020-03-14 - Died in Appropriations

Code Citations

ChapterArticleSectionCitation TypeStatute Text
516405Amended CodeSee Bill Text
51641Amended CodeSee Bill Text
51642Amended CodeSee Bill Text
51643Amended CodeSee Bill Text
51644Amended CodeSee Bill Text
51645Amended CodeSee Bill Text
51646Amended CodeSee Bill Text

Florida State Sources


Bill Comments

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