CS/CS/HB 1267 (2023) -  Consumer Finance Loans

General Bill by Commerce Committee and Insurance & Banking Subcommittee and Fernandez-Barquin
Consumer Finance Loans: Prohibits person from operating branch of business making consumer finance loans before authorized to do so & obtaining license from OFR; revises maximum interest rate on consumer finance loans; revises minimum amount of time before which delinquency charge for each payment in default may be imposed; requires licensees offering assistance program to borrowers after federally declared major disaster to send notice to office; requires licensees to file annual reports; requires licensees to suspend specified actions for after federally declared disaster.
Effective Date: July 1, 2023
Last Event: Vetoed by Governor on Monday, June 26, 2023 4:58 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 580 Subject: Consumer Finance Loans Relationship: Similar

Bill Text

Veto Message

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 6/29/2023 2:43:46 PM
Chamber: House Committee: Final Bill Analysis 5/17/2023 11:42:14 AM
Chamber: House Committee: Commerce Committee 4/19/2023 7:38:50 PM
Chamber: House Committee: Commerce Committee 4/15/2023 12:54:33 PM
Chamber: House Committee: State Administration & Technology Appropriations Subcommittee 4/12/2023 6:17:34 PM
Chamber: House Committee: State Administration & Technology Appropriations Subcommittee 4/10/2023 4:39:31 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/27/2023 4:00:24 PM
Chamber: House Committee: Insurance & Banking Subcommittee 3/25/2023 7:28:08 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/27/2023 03:32 PM   Yeas: 96 Nays: 18 Action: Action 2: Passage Vote Detail: Vote [Seq# 313] Barcode:
Chamber: Senate Date: 05/01/2023 02:11 PM   Yeas: 22 Nays: 9 Action: Action 2: Vote Detail: Vote [Seq# 31] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Vetoed by Governor Time: 06/26/2023 - 4:58 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/26/2023 - 10:30 AM Member: Committee: Version: er
Event: H Ordered enrolled Time: 05/01/2023 - 2:38 PM Member: Committee: Version: c2
Event: H In Messages Time: 05/01/2023 - 2:38 PM Member: Committee: Version: c2
Event: S CS passed; YEAS 22 NAYS 9 -SJ 654 Time: 05/01/2023 - 2:11 PM Member: Committee: Version: c2
Event: S Read 3rd time -SJ 654 Time: 05/01/2023 - 2:10 PM Member: Committee: Version: c2
Event: S Amendment(s) failed (157894) -SJ 654 Time: 05/01/2023 - 2:10 PM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 654 Time: 05/01/2023 - 2:08 PM Member: Committee: Version: c2
Event: S Substituted for CS/SB 580 -SJ 654 Time: 05/01/2023 - 2:08 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading Time: 05/01/2023 - 2:08 PM Member: Committee: Version: c2
Event: S Withdrawn from Fiscal Policy -SJ 654 Time: 05/01/2023 - 2:08 PM Member: Committee: Version: c2
Event: S Received Time: 04/27/2023 - 9:18 PM Member: Committee: Version: c2
Event: H Message sent to senate Time: 04/27/2023 - 4:35 PM Member: Committee: Version: c2
Event: S Referred to Fiscal Policy Time: 04/27/2023 - 4:08 PM Member: Committee: Fiscal Policy Version: c2
Event: S In Messages Time: 04/27/2023 - 3:56 PM Member: Committee: Version: c2
Event: H CS passed; YEAS 96, NAYS 18 Time: 04/27/2023 - 3:32 PM Member: Committee: Version: c2
Event: H Read 3rd time Time: 04/27/2023 - 3:14 PM Member: Committee: Version: c2
Event: H Added to Third Reading Calendar Time: 04/27/2023 - 3:14 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 04/27/2023 - 2:55 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (4/27/2023) Time: 04/24/2023 - 6:23 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 04/21/2023 - 5:36 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 04/21/2023 - 5:36 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 04/20/2023 - 8:44 PM Member: Committee: Version: c2
Event: H CS Filed Time: 04/20/2023 - 8:30 AM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.18(a) Time: 04/20/2023 - 8:30 AM Member: Committee: Version: c1
Event: H Reported out of Commerce Committee Time: 04/19/2023 - 7:40 PM Member: Committee: Commerce Committee Version: c1
Event: H Favorable with CS by Commerce Committee Time: 04/18/2023 - 4:44 PM Member: Committee: Commerce Committee Version: c1
Event: H Added to Commerce Committee agenda Time: 04/13/2023 - 4:21 PM Member: Committee: Commerce Committee Version: c1
Event: H Now in Commerce Committee Time: 04/12/2023 - 6:19 PM Member: Committee: Commerce Committee Version: c1
Event: H Reported out of State Administration & Technology Appropriations Subcommittee Time: 04/12/2023 - 6:19 PM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: c1
Event: H Favorable by State Administration & Technology Appropriations Subcommittee Time: 04/12/2023 - 5:25 PM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: c1
Event: H Added to State Administration & Technology Appropriations Subcommittee agenda Time: 04/10/2023 - 4:10 PM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: c1
Event: H Now in State Administration & Technology Appropriations Subcommittee Time: 03/28/2023 - 6:51 PM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: c1
Event: H Referred to Commerce Committee Time: 03/28/2023 - 6:51 PM Member: Committee: Commerce Committee Version: c1
Event: H Referred to State Administration & Technology Appropriations Subcommittee Time: 03/28/2023 - 6:51 PM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: c1
Event: H 1st Reading Time: 03/28/2023 - 4:56 PM Member: Committee: Version: c1
Event: H CS Filed Time: 03/27/2023 - 4:11 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 03/27/2023 - 4:11 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 03/27/2023 - 4:01 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 03/27/2023 - 3:32 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 03/23/2023 - 4:02 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 03/07/2023 - 10:01 PM Member: Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 03/06/2023 - 7:32 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 03/06/2023 - 7:32 PM Member: Committee: Commerce Committee Version: __
Event: H Referred to State Administration & Technology Appropriations Subcommittee Time: 03/06/2023 - 7:32 PM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 03/06/2023 - 7:32 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 02/28/2023 - 2:51 PM Member: Fernandez-Barquin Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
516.01 CS/SB 580
516.02 CS/SB 580
516.03 CS/SB 580
516.031 CS/SB 580
516.15 CS/SB 580
516.19 CS/SB 580
516.38 CS/SB 580
516.39 CS/SB 580