Bill Title: Requires certain providers that extend specific terms of commercial financing to a recipient to disclose certain information about the offer to the recipient, including information concerning the financing amount, finance charges, the annual percentage rate, the total repayment amount, the term, payment amounts, other potential fees, any prepayment costs and a description of any collateral requirements.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Passed) 2020-12-23 - APPROVAL MEMO.65 [S05470 Detail]

Text: Latest bill text (Amended) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Senate Floor Vote - Final Passage	2020-07-23	43	17	0	0	60	Passed	Link	View
Assembly	Assembly Floor Vote - Final Passage	2020-07-23	125	16	0	4	145	Passed	Link	View
Senate	Senate Rules Committee Vote	2020-07-22	15	4	0	0	19	Passed	Link	View
Senate	Senate Banks Committee Vote	2020-07-21	9	2	0	0	11	Passed	Link	View

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