CS/HB 1347 -  Consumer Finance Loans

General Bill by Commerce Committee and Brackett (CO-SPONSORS) López, J.
Consumer Finance Loans: Prohibits person from operating branch of business making consumer finance loans before obtaining license; revises maximum interest rates on consumer finance loans; revises minimum amount of time before delinquency charge may be imposed; requires licensees offering assistance program to borrowers after federally declared major disaster to send notice to office; requires licensees to offer to borrowers credit education programs or seminars; provides requirements for licensee claiming submitted information contains trade secret; requires licensees to suspend actions for certain timeframe after federally declared disaster.
Effective Date: July 1, 2024
Last Event: Ordered enrolled on Monday, March 4, 2024 7:55 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 1436 Subject: Consumer Finance Loans Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 3/12/2024 1:34:28 PM
Chamber: House Committee: Commerce Committee 2/16/2024 2:46:18 PM
Chamber: House Committee: Commerce Committee 2/13/2024 8:11:55 PM
Chamber: House Committee: State Administration & Technology Appropriations Subcommittee 2/6/2024 3:53:20 PM
Chamber: House Committee: State Administration & Technology Appropriations Subcommittee 2/5/2024 8:29:41 AM
Chamber: House Committee: Insurance & Banking Subcommittee 1/26/2024 8:48:47 AM
Chamber: House Committee: Insurance & Banking Subcommittee 1/23/2024 4:07:03 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 03/04/2024 12:48 PM   Yeas: 104 Nays: 10 Action: Action 2: Passage Vote Detail: Vote [Seq# 813] Barcode:
Chamber: Senate Date: 03/04/2024 07:25 PM   Yeas: 21 Nays: 18 Action: Action 2: Vote Detail: Vote [Seq# 44] Barcode:

Bill History

Event Time Member Committee Ver.
Event: H Ordered enrolled Time: 03/04/2024 - 7:55 PM Member: Committee: Version: c1
Event: H In Messages Time: 03/04/2024 - 7:55 PM Member: Committee: Version: c1
Event: S CS passed; YEAS 21 NAYS 18 -SJ 653 Time: 03/04/2024 - 7:25 PM Member: Committee: Version: c1
Event: S Read 3rd time -SJ 653 Time: 03/04/2024 - 7:13 PM Member: Committee: Version: c1
Event: S Read 2nd time -SJ 647, 652 Time: 03/04/2024 - 6:47 PM Member: Committee: Version: c1
Event: S Received Time: 03/04/2024 - 6:46 PM Member: Committee: Version: c1
Event: S Substituted for CS/SB 1436 -SJ 647 Time: 03/04/2024 - 6:45 PM Member: Committee: Version: c1
Event: S Placed on Calendar, on 2nd reading Time: 03/04/2024 - 6:45 PM Member: Committee: Version: c1
Event: S Withdrawn from Fiscal Policy -SJ 647 Time: 03/04/2024 - 6:45 PM Member: Committee: Version: c1
Event: S Referred to Fiscal Policy Time: 03/04/2024 - 1:35 PM Member: Committee: Fiscal Policy Version: c1
Event: S In Messages Time: 03/04/2024 - 1:13 PM Member: Committee: Version: c1
Event: H Message sent to senate Time: 03/04/2024 - 1:12 PM Member: Committee: Version: c1
Event: H CS passed; YEAS 104, NAYS 10 Time: 03/04/2024 - 12:48 PM Member: Committee: Version: c1
Event: H Read 3rd time Time: 03/04/2024 - 12:47 PM Member: Committee: Version: c1
Event: H Added to Third Reading Calendar Time: 03/01/2024 - 6:00 PM Member: Committee: Version: c1
Event: H Placed on 3rd reading Time: 03/01/2024 - 4:37 PM Member: Committee: Version: c1
Event: H Read 2nd time Time: 03/01/2024 - 4:36 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (3/1/2024) Time: 02/27/2024 - 6:00 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 02/19/2024 - 4:47 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 02/19/2024 - 4:46 PM Member: Committee: Version: c1
Event: H Bill referred to House Calendar Time: 02/19/2024 - 8:22 AM Member: Committee: Version: c1
Event: H CS Filed Time: 02/16/2024 - 2:54 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 02/16/2024 - 2:54 PM Member: Committee: Version: __
Event: H Reported out of Commerce Committee Time: 02/16/2024 - 2:49 PM Member: Committee: Commerce Committee Version: __
Event: H Favorable with CS by Commerce Committee Time: 02/15/2024 - 2:35 PM Member: Committee: Commerce Committee Version: __
Event: H Added to Commerce Committee agenda Time: 02/13/2024 - 4:07 PM Member: Committee: Commerce Committee Version: __
Event: H Now in Commerce Committee Time: 02/06/2024 - 3:46 PM Member: Committee: Commerce Committee Version: __
Event: H Reported out of State Administration & Technology Appropriations Subcommittee Time: 02/06/2024 - 3:46 PM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: __
Event: H Favorable by State Administration & Technology Appropriations Subcommittee Time: 02/06/2024 - 1:11 PM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: __
Event: H Added to State Administration & Technology Appropriations Subcommittee agenda Time: 02/02/2024 - 3:56 PM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: __
Event: H Now in State Administration & Technology Appropriations Subcommittee Time: 01/26/2024 - 8:50 AM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 01/26/2024 - 8:50 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable by Insurance & Banking Subcommittee Time: 01/25/2024 - 11:40 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 01/23/2024 - 3:58 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 01/13/2024 - 9:36 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 01/13/2024 - 9:36 AM Member: Committee: Commerce Committee Version: __
Event: H Referred to State Administration & Technology Appropriations Subcommittee Time: 01/13/2024 - 9:36 AM Member: Committee: State Administration & Technology Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 01/13/2024 - 9:36 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/09/2024 - 11:31 PM Member: Committee: Version: __
Event: H Filed Time: 01/05/2024 - 3:35 PM Member: Brackett Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
516.01 CS/SB 1436
516.02 CS/SB 1436
516.03 CS/SB 1436
516.031 CS/SB 1436
516.15 CS/SB 1436
516.19 CS/SB 1436
516.38 CS/SB 1436
516.39 CS/SB 1436