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Latest Update: Saturday, July, 05th 2008
Companion Bill SB1488. Tax Return Preparers - Imposes restrictions on facilitators, which are persons who receive or accept for delivery an application for a refund anticipation loan, deliver a check in payment of refund anticipation loan proceeds, or act to allow the making of a refund anticipation loan. - Amends TCA Title 62, Chapter 29, Part 1. Fiscal Summary for HB1226 / *SB1488Increase Local Govt. Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for HB1226 / *SB1488 This bill requires that all federal income tax refund anticipation loan contracts entered into between a preparer of federal tax returns and a consumer have printed on the contract: (1) The annual percentage rate of interest on the loan; and (2) The average time required for the IRS to transmit the refund to a consumer's [...] show full description
Latest Actions
- 05/23/2007 - Public Chapter 172
- 05/23/2007 - Effective date(s) 01/01/08
- 05/16/2007 - Signed by Governor.
- 05/03/2007 - Transmitted to Governor for his action.
- 05/03/2007 - Signed by Senate Speaker
show all actions- 05/23/2007 - Public Chapter 172
- 05/23/2007 - Effective date(s) 01/01/08
- 05/16/2007 - Signed by Governor.
- 05/03/2007 - Transmitted to Governor for his action.
- 05/03/2007 - Signed by Senate Speaker
- 05/03/2007 - Signed by House Speaker
- 05/01/2007 - Enrolled; ready for sig. of House Speaker.
- 04/30/2007 - Passed Senate, Ayes 28, Nays 0
- 04/30/2007 - Senate Substituted House Bill for Companion Senate Bill
- 04/19/2007 - Received from House, Passed first consideration
- 04/18/2007 - Engrossed; ready for transmission to Sen.
- 04/18/2007 - Passed House, as am., Ayes 98, Nays 0
- 04/18/2007 - H. adopted am.(Amendment 1 of 0 - HA0232)
- 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 if Am. Referred to: Calendar & Rules Committee
- 04/04/2007 - Placed on Calendar Commerce Committee for 04/10/2007
- 04/03/2007 - Recommended for Passage if am. by Subcommittee Referred to Commerce Committee
- 03/28/2007 - Placed on Subcommittee Calendar Utilities, Banking and Small Business of Commerce for 04/03/2007
- 03/27/2007 - Action Deferred in Subcommittee Utilities & Banking of Commerce to 4/3/2007
- 03/21/2007 - Placed on Subcommittee Calendar Utilities, Banking and Small Business of Commerce for 03/27/2007
- 03/20/2007 - Action Deferred in Subcommittee Utilities & Banking of Commerce to 3/27/2007
- 03/14/2007 - Placed on Subcommittee Calendar Utilities & Banking of Commerce for 03/20/2007
- 03/14/2007 - Assigned to Subcommittee Utilities & Banking of COM
- 02/14/2007 - Passed second consideration, Referred to Commerce
- 02/12/2007 - Introduced, Passed first consideration
- 02/08/2007 - Filed for Introduction
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