ID S1314 | 2014 | Regular Session
Status
Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on March 26 2014 - 100% progression
Action: 2014-03-26 - Signed by Governor on 03/26/14 Session Law Chapter 270 Effective: 07/01/2014
Text: Latest bill text (Introduced) [PDF]
Spectrum: Committee Bill
Status: Passed on March 26 2014 - 100% progression
Action: 2014-03-26 - Signed by Governor on 03/26/14 Session Law Chapter 270 Effective: 07/01/2014
Text: Latest bill text (Introduced) [PDF]
Summary
Amends and adds to existing law to provide that a payday lender shall not make more than two electronic representations of a borrower's check; to provide that a payday loan shall not exceed 25% of a borrower's gross monthly income; to provide that a lender shall obtain information on a borrower's gross monthly income; to provide for extended payment plans and the provisions for extended payment plans; and to provide for written disclosures to a borrower before funds are disbursed.
Title
Amends and adds to existing law to provide that a payday lender shall not make more than two electronic representations of a borrower's check; to provide that a payday loan shall not exceed 25% of a borrower's gross monthly income; to provide that a lender shall obtain information on a borrower's gross monthly income; to provide for extended payment plans and the provisions for extended payment plans; and to provide for written disclosures to a borrower before funds are disbursed.
Sponsors
Roll Calls
2014-03-17 - House - House Third Reading (Y: 35 N: 34 NV: 0 Abs: 1) [PASS]
2014-03-10 - Senate - Senate Third Reading (Y: 21 N: 13 NV: 0 Abs: 1) [PASS]
2014-03-10 - Senate - Senate Third Reading (Y: 21 N: 13 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2014-03-26 | Senate | Signed by Governor on 03/26/14 Session Law Chapter 270 Effective: 07/01/2014 |
| 2014-03-20 | Senate | Reported delivered to Governor on 03/20/14 |
| 2014-03-19 | Senate | Reported signed by the Speaker & ordered delivered to Governor |
| 2014-03-19 | House | Received from Senate; Signed by Speaker; Returned to Senate |
| 2014-03-18 | Senate | Reported enrolled; signed by President; to House for signature of Speaker |
| 2014-03-18 | Senate | Returned From House Passed; referred to enrolling |
| 2014-03-17 | House | to Senate |
| 2014-03-17 | House | Title apvd |
| 2014-03-17 | House | VanOrden |
| 2014-03-17 | House | 35-34-1 AYES -- Anderson(01), Anderson(31), Anderst, Bateman, Chew, Clow, Dayley, Eskridge, Gibbs, Hancey, Harris, Hartgen, Henderson, Hixon, Holtzclaw, Horman, Loertscher, Malek, McDonald, Mendive, Moyle, Packer, Pence, Perry, Raybould, Romrell, Rubel, Smith, Thompson, VanOrden, Wills, Wood(27), Woodings, Youngblood, Mr. Speaker NAYS -- Agidius, Andrus, Barbieri, Barrett, Batt, Bell, Bolz, Boyle, Burgoyne, Collins, Crane, DeMordaunt, Denney, Erpelding, Gannon, Gestrin, Kauffman, King, Kloc, Luker, McMillan, Meline, Miller, Monks, Morse, Palmer, Ringo, Rusche, Shepherd, Sims, Stevenson, Trujillo, Vander Woude, Wood(35) Absent -- Nielsen Floor Sponsor |
| 2014-03-17 | House | PASSED |
| 2014-03-17 | House | Rules Suspended: Ayes 68 Nays 0 Abs/Excd 2, read three times |
| 2014-03-17 | House | Read second time; Filed for Third Reading |
| 2014-03-14 | House | Reported out of Committee with Do Pass Recommendation, Filed for Second Reading |
| 2014-03-11 | House | Read First Time, Referred to Commerce & Human Resources |
| 2014-03-11 | House | Received from the Senate, Filed for First Reading |
| 2014-03-10 | Senate | to House |
| 2014-03-10 | Senate | Title apvd |
| 2014-03-10 | Senate | PASSED -- 21-13-1 |
| 2014-03-10 | Senate | Read third time in full |
| 2014-03-07 | Senate | Read second time; filed for Third Reading |
| 2014-03-06 | Senate | Reported out of Committee with Do Pass Recommendation; Filed for second reading |
| 2014-02-10 | Senate | Reported Printed; referred to Commerce & Human Resources |
| 2014-02-07 | Senate | Introduced; read first time; referred to JR for Printing |
