Bill Summary
HB 123 Consumer Finance Loans (2022 Session)
Consumer Finance Loans: Authorizes licensee & applicant for license to make & collect loans under Florida Consumer Finance Act to provide surety bond, certificate of deposit, or letter of credit in lieu of liquid assets; prohibits person licensed to make & collect consumer finance loans from charging prepayment penalties for loans; revises grounds for denial of license or disciplinary action; revises exceptions for licensee during Financial Technology Sandbox period. Effective Date: October 1, 2022
09/16/21
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Filed
09/29/21
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Referred to Insurance & Banking Subcommittee; Commerce Committee
09/29/21
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Now in Insurance & Banking Subcommittee
11/23/21
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On Committee agenda - Insurance & Banking Subcommittee, 12/01/21, 11:00 am, 17 H
12/01/21
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Favorable with CS by Insurance & Banking Subcommittee; 14 Yeas, 0 Nays
12/01/21
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Committee Substitute Text (C1) Filed
12/03/21
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Now in Commerce Committee
01/14/22
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On Committee agenda - Commerce Committee, 01/19/22 9:30 am, 212 K
01/19/22
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Temporarily Postponed by Commerce Committee
01/28/22
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On Committee agenda - Commerce Committee, 02/01/22, 12:30 pm, 212 K
02/01/22
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Favorable by Commerce Committee; 21 Yeas, 0 Nays
02/01/22
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Placed on Calendar, on 2nd reading
02/28/22
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Placed on Special Order Calendar, 03/03/22
03/03/22
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Read Second Time; Substituted for SB 0546; Laid on Table, Refer to SB 0546
516.03
516.031
516.05
516.07
559.952
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