HI HB2471 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Engrossed on March 6 2018 - 50% progression, died in chamber
Action: 2018-04-25 - Received notice of Senate conferees (Sen. Com. No. 835).
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on March 6 2018 - 50% progression, died in chamber
Action: 2018-04-25 - Received notice of Senate conferees (Sen. Com. No. 835).
Text: Latest bill text (Amended) [HTML]
Summary
Transitions from lump sum deferred deposit transactions to installment-based small dollar loan transactions. Specifies various consumer protection requirements for small dollar loans. Beginning 1/1/2019, requires licensure for small dollar lenders that offer small dollar loans to consumers. Specifies licensing requirements for small dollar lenders. Authorizes the division of financial institutions to appoint 1.0 FTE examiner position, funded via the compliance resolution fund, to carry out the purposes of the small dollar installment loan program. Effective 7/1/2050. (SD2)
Title
Relating To Consumer Protection.
Sponsors
| Sen. Chris Lee [D] | Rep. Tom Brower [D] | Rep. Nicole Lowen [D] | Rep. Roy Takumi [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-04-25 | House | Received notice of Senate conferees (Sen. Com. No. 835). |
| 2018-04-24 | Senate | Senate Conferees Appointed: Baker Chair; English Co-Chair; S. Chang. |
| 2018-04-13 | Senate | Received notice of disagreement (Hse. Com. No. 608). |
| 2018-04-12 | House | House disagrees with Senate amendment (s). |
| 2018-04-10 | House | Returned from Senate (Sen. Com. No. 736) in amended form (SD 2). |
| 2018-04-10 | Senate | Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Senator(s) Harimoto). Transmitted to House. |
| 2018-04-06 | Senate | 48 Hrs. Notice 04-10-18. |
| 2018-04-06 | Senate | Reported from WAM (Stand. Com. Rep. No. 3681) with recommendation of passage on Third Reading, as amended (SD 2). |
| 2018-04-04 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, English, Galuteria, Harimoto, Inouye, K. Kahele, Kidani, Riviere, Shimabukuro, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. |
| 2018-04-02 | Senate | The committee on WAM has added the measure to decision making scheduled on 04-04-18 10:30AM in conference room 211. |
| 2018-03-23 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2018-03-23 | Senate | Reported from CPH (Stand. Com. Rep. No. 3202) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2018-03-20 | Senate | The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 4 Aye(s): Senator(s) Baker, S. Chang, Espero, Ihara; Aye(s) with reservations: none ; 0 No(es): none; and 3 Excused: Senator(s) Tokuda, Nishihara, Ruderman. |
| 2018-03-16 | Senate | The committee(s) on CPH added the measure to the public hearing scheduled on 03-20-18 9:00AM in conference room 229. |
| 2018-03-08 | Senate | Referred to CPH, WAM. |
| 2018-03-08 | Senate | Passed First Reading. |
| 2018-03-08 | Senate | Received from House (Hse. Com. No. 345). |
| 2018-03-06 | House | Passed Third Reading with Representative(s) DeCoite, Har, Ito, McKelvey, Ohno, Onishi, Say, Tokioka, Tupola voting aye with reservations; Representative(s) Gates, Holt voting no (2) and none excused (0). Transmitted to Senate. |
| 2018-03-02 | House | Reported from FIN (Stand. Com. Rep. No. 1133-18), recommending passage on Third Reading. |
| 2018-03-01 | House | The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 13 Ayes: Representative(s) Luke, Cullen, Cachola, Fukumoto, Kobayashi, Lowen, Todd, Yamashita, Ward; Ayes with reservations: Representative(s) DeCoite, Gates, Nakamura, Tupola; 1 Noes: Representative(s) Holt; and 1 Excused: Representative(s) Keohokalole. |
| 2018-03-01 | House | Bill scheduled to be heard by FIN on Thursday, 03-01-18 2:30PM in House conference room 308. |
| 2018-02-16 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) McKelvey, Say voting aye with reservations; Representative(s) Har, Tokioka voting no (2) and Representative(s) DeCoite, Ing, Nakamura, Onishi, Woodson excused (5). |
| 2018-02-16 | House | Reported from CPC (Stand. Com. Rep. No. 754-18) as amended in HD 1, recommending passage on Second Reading and referral to FIN. |
| 2018-02-14 | House | The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Takumi, Ichiyama, Johanson, LoPresti, Mizuno, McDermott; Ayes with reservations: none; 3 Noes: Representative(s) Ito, Say, Tokioka; and 2 Excused: Representative(s) Aquino, Yamane. |
| 2018-02-12 | House | Bill scheduled to be heard by CPC on Wednesday, 02-14-18 2:00PM in House conference room 329. |
| 2018-01-29 | House | Referred to CPC, FIN, referral sheet 9 |
| 2018-01-24 | House | Introduced and Pass First Reading. |
| 2018-01-23 | House | Pending introduction. |
