Florida House Bill 857 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Failed on March 14 2020 - 100% progression
Action: 2020-03-14 - Died in Insurance and Banking Subcommittee
Text: Latest bill text (Introduced) [PDF]

Creates Access to Responsible Credit Pilot Program within OFR to provide consumer loans; requires persons to obtain program license from office before engaging in certain actions relating to program loans; requires program licensee's program branch offices to be licensed; provides requirements for program licensees, program loans, loan repayments, loan rescissions, interest rates, program loan refinancing, receipts, disclosures & statements provided by program licensees to borrowers, origination fees, insufficient funds fees, & delinquency charges; authorizes program licensees to provide program loans only to residents of specified counties; specifies program loan underwriting requirements for program licensees.

Business Services

Rep. Juan Fernandez-Barquin [R]	Rep. Thad Altman [R]	Sen. Shevrin Jones [D]	Rep. Daniel Perez [R]
Rep. David Santiago [R]

Date	Chamber	Action
2020-03-14	House	Died in Insurance and Banking Subcommittee
2020-03-14	House	Indefinitely postponed and withdrawn from consideration
2020-01-14	House	Introduced
2019-12-16	House	Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee
2019-12-04	House	Filed

S894 (Similar To) 2020-03-14 - Died in Appropriations

Chapter	Article	Section	Citation Type	Statute Text
516	405		Amended Code	See Bill Text
516	41		Amended Code	See Bill Text
516	42		Amended Code	See Bill Text
516	43		Amended Code	See Bill Text
516	44		Amended Code	See Bill Text
516	45		Amended Code	See Bill Text
516	46		Amended Code	See Bill Text

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2020/857
Text	https://www.flsenate.gov/Session/Bill/2020/857/BillText/Filed/PDF