TN SB2018 | 2015-2016 | 109th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 20 2016 - 25% progression, died in chamber
Action: 2016-03-15 - Action deferred in Senate Commerce and Labor Committee to 3/22/2016
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on January 20 2016 - 25% progression, died in chamber
Action: 2016-03-15 - Action deferred in Senate Commerce and Labor Committee to 3/22/2016
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, requires the department to implement a database no later than January 1, 2018, for licensees providing deferred presentment and flex loan transactions to ensure that customers are not exceeding certain limits under present law for such transactions; requires licensees to conduct database checks before entering into such transactions; authorizes a fee to be charged per transaction. - Amends TCA Title 45, Chapter 1; Title 45, Chapter 12 and Title 45, Chapter 17.
Title
As introduced, requires the department to implement a database no later than January 1, 2018, for licensees providing deferred presentment and flex loan transactions to ensure that customers are not exceeding certain limits under present law for such transactions; requires licensees to conduct database checks before entering into such transactions; authorizes a fee to be charged per transaction. - Amends TCA Title 45, Chapter 1; Title 45, Chapter 12 and Title 45, Chapter 17.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-15 | Senate | Action deferred in Senate Commerce and Labor Committee to 3/22/2016 |
| 2016-03-09 | Senate | Placed on Senate Commerce and Labor Committee calendar for 3/15/2016 |
| 2016-01-25 | Senate | Passed on Second Consideration, refer to Senate Commerce and Labor Committee |
| 2016-01-21 | Senate | Introduced, Passed on First Consideration |
| 2016-01-20 | Senate | Filed for introduction |
Same As/Similar To
HB1954 (Crossfiled) 2016-03-15 - Taken off notice for cal in s/c Insurance and Banking Subcommittee of Insurance and Banking Committee
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB2018&ga=109 |
| Text | https://www.capitol.tn.gov/Bills/109/Bill/SB2018.pdf |
