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Latest Update: Thursday, July, 24th 2008
Banks and Financial Institutions - Removes the exemption from the Check Cashing Act for licensed money transmitters and registered industrial loan and thrift companies; allows those entities to continue business of check cashing without a license until license granted if the entity applies for licensure by December 31, 2007; prohibits non-licensed persons from advertising engagement in the check cashing business. - Amends TCA Sections 45-18-103 and 45-18-104. Fiscal Summary for *HB2238 / SB2180Increase State Revenues - $34,800 One-Time/Dept. of Financial Institutions $29,000 Recurring/Beginning in Year 2/ Dept. of Financial Institutions Increase State Expenditures - Not Significant
Latest Actions
- 05/07/2007 - Companion became Public Chapter 80
- 04/18/2007 - Companion Senate Bill Substituted
- 04/12/2007 - H. Placed on Regular Calendar for 4/18/07
- 04/10/2007 - Placed on Calendar Calendar & Rules Committee for 04/12/2007
- 04/10/2007 - Recommended For Passage Referred to: Calendar & Rules Committee
show all actions- 05/07/2007 - Companion became Public Chapter 80
- 04/18/2007 - Companion Senate Bill Substituted
- 04/12/2007 - H. Placed on Regular Calendar for 4/18/07
- 04/10/2007 - Placed on Calendar Calendar & Rules Committee for 04/12/2007
- 04/10/2007 - Recommended For Passage Referred to: Calendar & Rules Committee
- 04/04/2007 - Placed on Calendar Finance, Ways & Means Committee for 04/10/2007
- 04/04/2007 - Recommended For Passage by Subcommittee Referred to Finance, Ways & Means Committee
- 03/28/2007 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/04/2007
- 03/28/2007 - Assigned to Subcommittee Budget of FW&M
- 03/27/2007 - Recommended For Passage Referred to: Finance, Ways & Means Committee
- 03/21/2007 - Placed on Calendar Commerce Committee for 03/27/2007
- 03/20/2007 - Recommended For Passage by Subcommittee Referred to Commerce Committee
- 03/14/2007 - Placed on Subcommittee Calendar Utilities & Banking of Commerce for 03/20/2007
- 03/06/2007 - Assigned to Subcommittee Utilities & Banking of COM
- 03/02/2007 - Sponsor change.
- 02/22/2007 - Passed second consideration, Referred to Commerce
- 02/21/2007 - Passed first consideration
- 02/15/2007 - Introduced
- 02/15/2007 - Filed for Introduction
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Fiscal Notes
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