Tennessee Senate Bill 1140 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 9 2017 - 25% progression, died in committee
Action: 2017-04-05 - Assigned to General Subcommittee of Senate Commerce and Labor Committee
Pending: Senate Commerce and Labor Committee
Text: Latest bill text (Draft #1) [PDF]

As introduced, requires the department, in collaboration with the Tennessee financial literacy commission, to report the amounts allocated from fees collected from licensees under the Flexible Credit Act to the commission and whether any of the amounts allocated were used to assist individuals who are susceptible to predatory lending practices; requires that the department report its findings to the insurance and banking committee of the house of representatives and the commerce and labor committee of the senate no later than January 15, 2018. - Amends TCA Title 45 and Title 47.

As introduced, requires the department, in collaboration with the Tennessee financial literacy commission, to report the amounts allocated from fees collected from licensees under the Flexible Credit Act to the commission and whether any of the amounts allocated were used to assist individuals who are susceptible to predatory lending practices; requires that the department report its findings to the insurance and banking committee of the house of representatives and the commerce and labor committee of the senate no later than January 15, 2018. - Amends TCA Title 45 and Title 47.

Sen. Sara Kyle [D]

Date	Chamber	Action
2017-04-05	Senate	Assigned to General Subcommittee of Senate Commerce and Labor Committee
2017-04-03	Senate	Placed on Senate Commerce and Labor Committee calendar for 4/4/2017
2017-04-03	Senate	Action deferred in Senate Commerce and Labor Committee to 4/4/2017
2017-03-28	Senate	Placed on Senate Commerce and Labor Committee calendar for 4/3/2017
2017-03-28	Senate	Action deferred in Senate Commerce and Labor Committee to 4/4/2017
2017-03-22	Senate	Placed on Senate Commerce and Labor Committee calendar for 3/28/2017
2017-02-13	Senate	Passed on Second Consideration, refer to Senate Commerce and Labor Committee
2017-02-09	Senate	Introduced, Passed on First Consideration
2017-02-09	Senate	Filed for introduction

HB1305 (Crossfiled) 2017-04-06 - Meeting Cancelled- No action taken.

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1140&ga=110
Text	https://www.capitol.tn.gov/Bills/110/Bill/SB1140.pdf
Supplement	https://www.capitol.tn.gov/Bills/110/Fiscal/HB1305.pdf