HI SB2840 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 24 2018 - 25% progression, died in committee
Action: 2018-01-24 - Referred to CPH, WAM.
Pending: Senate Commerce, Consumer Protection, and Health Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Requires check cashers to register with the department of commerce and consumer affairs. Requires check cashers to offer consumers the option to participate in a payment plan, if certain conditions are met. Requires posting of certain information and written notice containing specific information to be provided to consumers. Amends the limit, deposit deferral, and fees charged for deferred deposit transactions. Removes the exemption for entities engaged in the retail sale of good or services that periodically cash items for a fee. Effective 7/1/2020.

Tracking Information

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Title

Relating To Check Cashing.

Sponsors


History

DateChamberAction
2018-01-24SenateReferred to CPH, WAM.
2018-01-24SenatePassed First Reading.
2018-01-24SenateIntroduced.

Subjects


Hawaii State Sources


Bill Comments

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