IN SB0373 | 2015 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Enrolled on April 1 2015 - 75% progression, died in chamber
Action: 2015-04-21 - House Advisors appointed: Eberhart, Washburne and DeLaney
Text: Latest bill text (Engrossed) [PDF]
Status: Enrolled on April 1 2015 - 75% progression, died in chamber
Action: 2015-04-21 - House Advisors appointed: Eberhart, Washburne and DeLaney
Text: Latest bill text (Engrossed) [PDF]
Summary
Civil proceeding advance payment transactions. Defines a "civil proceeding advance payment transaction", or "CPAP transaction", as a nonrecourse transaction in which a person (CPAP provider) provides to a consumer claimant in a civil proceeding a funded amount, the repayment of which is: (1) required only if the consumer claimant prevails in the civil proceeding; and (2) sourced from the proceeds of the civil proceeding. Requires a CPAP provider to register with the department of financial institutions (department). Sets forth requirements, including disclosure requirements, for a contract (CPAP contract) entered into by a CPAP provider and a consumer claimant. Sets forth
Title
Civil proceeding advance payment transactions. Defines a "civil proceeding advance payment transaction", or "CPAP transaction", as a nonrecourse transaction in which a person (CPAP provider) provides to a consumer claimant in a civil proceeding a funded amount, the repayment of which is: (1) required only if the consumer claimant prevails in the civil proceeding; and (2) sourced from the proceeds of the civil proceeding. Requires a CPAP provider to register with the department of financial institutions (department). Sets forth requirements, including disclosure requirements, for a contract (CPAP contract) entered into by a CPAP provider and a consumer claimant. Sets forth
Sponsors
Sen. Randall Head [R] | Sen. Michael Young [R] | Sen. Greg Taylor [D] | Rep. Matthew Lehman [R] |
Rep. Terri Jo Austin [D] |
Roll Calls
2015-03-31 - House - House - Third reading (Y: 60 N: 35 NV: 3 Abs: 2) [PASS]
2015-03-25 - House - House Committee on Financial Institutions - Committee Vote (Y: 10 N: 0 NV: 0 Abs: 3) [PASS]
2015-02-23 - Senate - Senate - Third reading (Y: 47 N: 2 NV: 1 Abs: 0) [PASS]
2015-02-09 - Senate - Senate Committee on Civil Law - Committee Vote (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2015-03-25 - House - House Committee on Financial Institutions - Committee Vote (Y: 10 N: 0 NV: 0 Abs: 3) [PASS]
2015-02-23 - Senate - Senate - Third reading (Y: 47 N: 2 NV: 1 Abs: 0) [PASS]
2015-02-09 - Senate - Senate Committee on Civil Law - Committee Vote (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2015-04-21 | House | House Advisors appointed: Eberhart, Washburne and DeLaney |
2015-04-21 | House | House Conferees appointed: Lehman and Austin |
2015-04-20 | Senate | Senate Advisors appointed: Young R Michael, Tallian and Holdman |
2015-04-20 | Senate | Senate Conferees appointed: Head and Taylor |
2015-04-20 | Senate | Senate dissented from House amendments |
2015-04-20 | Senate | Motion to dissent filed |
2015-04-01 | House | Returned to the Senate with amendments |
2015-03-31 | House | Third reading: passed; Roll Call 353: yeas 62, nays 34 |
2015-03-30 | House | Representative Austin added as cosponsor |
2015-03-30 | House | Second reading: ordered engrossed |
2015-03-26 | House | Committee report: amend do pass, adopted |
2015-03-03 | House | First Reading: referred to Committee on Financial Institutions |
2015-02-24 | Senate | Referred to the House |
2015-02-23 | Senate | Representative Lehman added as sponsor |
2015-02-23 | Senate | Third reading: passed; Roll Call 210: yeas 47, nays 2 |
2015-02-19 | Senate | Amendment #6 (Head) prevailed; voice vote |
2015-02-19 | Senate | Reread second time: amended, ordered engrossed |
2015-02-17 | Senate | Placed back on second reading |
2015-02-17 | Senate | Amendment #4 (Young R Michael) prevailed; Division of the Senate: yeas 39, nays 9 |
2015-02-17 | Senate | Amendment #5 (Head) prevailed; voice vote |
2015-02-17 | Senate | Amendment #1 (Head) prevailed; voice vote |
2015-02-17 | Senate | Second reading: amended, ordered engrossed |
2015-02-12 | Senate | Senator Young, M. added as second author |
2015-02-10 | Senate | Senator Taylor added as coauthor |
2015-02-09 | Senate | Committee report: amend do pass, adopted |
2015-01-12 | Senate | Pursuant to Senate Rule 68(b); reassigned to Committee on Civil Law |
2015-01-12 | Senate | First Reading: referred to Committee on Judiciary |
2015-01-12 | Senate | Authored by Senator Head |