TN SB2426 | 2019-2020 | 111th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 5 2020 - 25% progression, died in chamber
Action: 2020-03-17 - Action deferred in Senate Commerce & Labor Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 5 2020 - 25% progression, died in chamber
Action: 2020-03-17 - Action deferred in Senate Commerce & Labor Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, requires the commissioner of financial institutions to report by January 31, 2021, and every January 31 thereafter, to the commerce committee of the house of representatives and the commerce and labor committee of the senate the rules and strategies utilized by the commissioner to prevent abuses in the collection of interest charges made in connection with or in relation to single payment loans. - Amends TCA Title 45 and Title 47.
Title
As introduced, requires the commissioner of financial institutions to report by January 31, 2021, and every January 31 thereafter, to the commerce committee of the house of representatives and the commerce and labor committee of the senate the rules and strategies utilized by the commissioner to prevent abuses in the collection of interest charges made in connection with or in relation to single payment loans. - Amends TCA Title 45 and Title 47.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-03-17 | Senate | Action deferred in Senate Commerce & Labor Committee |
| 2020-03-10 | Senate | Placed on Senate Commerce and Labor Committee calendar for 3/17/2020 |
| 2020-02-10 | Senate | Passed on Second Consideration, refer to Senate Commerce and Labor Committee |
| 2020-02-06 | Senate | Introduced, Passed on First Consideration |
| 2020-02-05 | Senate | Filed for introduction |
Same As/Similar To
HB2349 (Crossfiled) 2020-03-10 - Taken off notice for cal in s/c Banking & Investments Subcommittee of Commerce Committee
