Hawaii Senate Bill 974 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Engrossed on March 9 2021 - 50% progression, died in committee
Action: 2021-03-25 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and none excused (0).
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]

Beginning 7/1/2023: provides for new viable installment-based small dollar loan transactions; specifies various consumer protection requirements for small dollar loans; requires licensure for small dollar lenders, subject to the oversight of the division of financial institutions of the department of commerce and consumer affairs; specifies licensing requirements for small dollar lenders; and caps the maximum allowable loan size at $1,500. Amends requirements for check cashers, including requiring check cashers to be licensed with the department of commerce and consumer affairs, to offer voluntary payment plans to consumers, and make various notice and disclosure requirements. Requires the division of financial institutions to conduct an analysis of the regulation of payday lenders and deferred deposit agreements and report to the legislature. Effective 7/1/2050. (HD1)

Relating To Consumer Protection.

Sen. Rosalyn Baker [D]

Sen. Bennette Misalucha [D]

2021-03-24 - House - House Consumer Protection & Commerce: Passed, With Amendments (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-23 - Senate - Senate Judiciary: Passed, With Amendments (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2021-02-23 - Senate - Senate Ways and Means: Passed, With Amendments (Y: 10 N: 0 NV: 0 Abs: 1) [PASS]
2021-02-09 - Senate - Senate Commerce and Consumer Protection: Passed, With Amendments (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2021-03-25	House	Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and none excused (0).
2021-03-25	House	Reported from CPC (Stand. Com. Rep. No. 1514) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2021-03-24	House	The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 11 Ayes: Representative(s) Johanson, Kitagawa, Aquino, Har, Hashem, Kong, Mizuno, Morikawa, Onishi, Tarnas, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
2021-03-22	House	Bill scheduled to be heard by CPC on Wednesday, 03-24-21 2:00PM in House conference room 329 Via Videoconference.
2021-03-11	House	Referred to CPC, FIN, referral sheet 22
2021-03-11	House	Pass First Reading
2021-03-09	House	Received from Senate (Sen. Com. No. 314) in amended form (SD 2).
2021-03-09	Senate	Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2021-03-05	Senate	48 Hrs. Notice 03-09-21.
2021-03-05	Senate	Reported from WAM/JDC (Stand. Com. Rep. No. 913) with recommendation of passage on Third Reading, as amended (SD 2).
2021-02-23	Senate	The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 7 Aye(s): Senator(s) Rhoads, Keohokalole, Acasio, Gabbard, Kim, Lee, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2021-02-23	Senate	The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 10 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, English, Inouye, Kanuha, Kidani, Moriwaki, Shimabukuro, Taniguchi, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Wakai.
2021-02-19	Senate	The committee(s) on WAM/JDC will hold a public decision making on 02-23-21 10:35AM; CR 211 & Videoconference.
2021-02-12	Senate	Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.
2021-02-12	Senate	Reported from CPN (Stand. Com. Rep. No. 169) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.
2021-02-09	Senate	The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 7 Aye(s): Senator(s) Baker, Chang, Misalucha, Nishihara, Riviere, San Buenaventura, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2021-02-05	Senate	The committee(s) on CPN has scheduled a public hearing on 02-09-21 9:30AM in conference room 229.
2021-01-29	Senate	Referred to CPN, WAM/JDC.
2021-01-27	Senate	Passed First Reading.
2021-01-27	Senate	Introduced.

SB974 (Carry Over) 2021-03-25 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and none excused (0).

Type	Source
Summary	http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=974&year=2021
Text	https://www.capitol.hawaii.gov/session2021/bills/SB974_.HTM
Text	https://www.capitol.hawaii.gov/session2021/bills/SB974_SD1_.HTM
Text	https://www.capitol.hawaii.gov/session2021/bills/SB974_SD2_.HTM
Text	https://www.capitol.hawaii.gov/session2021/bills/SB974_HD1_.HTM
Roll Call	https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=974&year=2021