Top Legislation - View All

Latest Action: 04/24/2007 - Taken Off Notice For Calendar in Subcommittee Utilities, Banking and Small Business of Commerce of Commerce Committee

Bill Text
Companion Bill SB1584. Loan Companies - Limits amount of fees charged by title pledge lender; increases monthly payment amount required by such lenders; gives persons aggrieved by title pledge lenders certain rights including a private right of action; and makes other modifications to the title pledge lenders law. - Amends TCA Title 45, Chapter 15, Part 1. Fiscal Summary for HB2132 / *SB1584Increase State Revenues - Not Significant Increase State Expenditures - Not Significant Increase Local Govt. Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for HB2132 / *SB1584 This bill revises regulations of title pledge loans and lenders. Title pledge loans are loans in which the lender takes possession of the certificate of title of personal property and either takes possession of the property or takes [...]

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SB1584

SB1584 Sponsored by Roy Herron
Latest Action: 02/12/2007 - Passed second consideration, Referred to Senate C,L&A Comm.

Bill Text
Companion Bill HB2132. Loan Companies - Limits amount of fees charged by title pledge lender; increases monthly payment amount required by such lenders; gives persons aggrieved by title pledge lenders certain rights including a private right of action; and makes other modifications to the title pledge lenders law. - Amends TCA Title 45, Chapter 15, Part 1. Fiscal Summary for *SB1584 / HB2132Increase State Revenues - Not Significant Increase State Expenditures - Not Significant Increase Local Govt. Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for *SB1584 / HB2132 This bill revises regulations of title pledge loans and lenders. Title pledge loans are loans in which the lender takes possession of the certificate of title of personal property and either takes possession of the property or takes [...]

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Latest Action: 04/01/2008 - Taken Off Notice For Calendar in Subcommittee Utilities, Banking and Small Business of Commerce of Commerce Committee

Bill Text

Banks and Financial Institutions - Limits fee that high-cost home loan lenders may charge for third or subsequent pay-off statement provided to borrow in 12-month period to $10.00. - Amends TCA Title 45 and Title 62, Chapter 13.

Fiscal Summary for *HB3188 / SB3580

MINIMAL

Latest Action: 03/05/2008 - Assigned to Gen. Sub of Senate C,L&A Comm.

Bill Text

Banks and Financial Institutions - Limits fee that high-cost home loan lenders may charge for third or subsequent pay-off statement provided to borrow in 12-month period to $10.00. - Amends TCA Title 45 and Title 62, Chapter 13.

Fiscal Summary for SB3580 / *HB3188

MINIMAL

Latest Action: 02/13/2008 - Assigned to Subcommittee Utilities, Banking and Small Business of COM

Bill Text

Loan Companies - Requires commissioner of financial institutions to annually, instead of biennially, submit report to governor and general assembly; requires licensee who provides deferred presentment services to notify department seven days instead of five days before change in location or name. - Amends TCA Title 45, Chapter 15 and Title 45, Chapter 17.

Fiscal Summary for *HB4038 / SB4070

Increase State Expenditures - $1,500/One-Time/Dept. of Financial Institutions $59,400/Recurring/Dept. of Financial Institutions Other Fiscal Impact - The expenditures required to implement the provisions of this bill will be paid from current service revenue from the Department of Financial Institutions. Such an increase in expenditures will result in a proportional reduction in the Departments reversion to the General Fund.

Latest Action: 02/12/2008 - Assigned to Gen. Sub of: Senate C,L&A Comm.

Bill Text

Loan Companies - Requires commissioner of financial institutions to annually, instead of biennially, submit report to governor and general assembly; requires licensee who provides deferred presentment services to notify department seven days instead of five days before change in location or name. - Amends TCA Title 45, Chapter 15 and Title 45, Chapter 17.

Fiscal Summary for SB4070 / *HB4038

Increase State Expenditures - $1,500/One-Time/Dept. of Financial Institutions $59,400/Recurring/Dept. of Financial Institutions Other Fiscal Impact - The expenditures required to implement the provisions of this bill will be paid from current service revenue from the Department of Financial Institutions. Such an increase in expenditures will result in a proportional reduction in the Departments reversion to the General Fund.

Latest Legislation - View All

Latest Action: 02/13/2008 - Assigned to Subcommittee Utilities, Banking and Small Business of COM

Bill Text

Loan Companies - Requires commissioner of financial institutions to annually, instead of biennially, submit report to governor and general assembly; requires licensee who provides deferred presentment services to notify department seven days instead of five days before change in location or name. - Amends TCA Title 45, Chapter 15 and Title 45, Chapter 17.

Fiscal Summary for *HB4038 / SB4070

Increase State Expenditures - $1,500/One-Time/Dept. of Financial Institutions $59,400/Recurring/Dept. of Financial Institutions Other Fiscal Impact - The expenditures required to implement the provisions of this bill will be paid from current service revenue from the Department of Financial Institutions. Such an increase in expenditures will result in a proportional reduction in the Departments reversion to the General Fund.

Latest Action: 02/12/2008 - Assigned to Gen. Sub of: Senate C,L&A Comm.

Bill Text

Loan Companies - Requires commissioner of financial institutions to annually, instead of biennially, submit report to governor and general assembly; requires licensee who provides deferred presentment services to notify department seven days instead of five days before change in location or name. - Amends TCA Title 45, Chapter 15 and Title 45, Chapter 17.

Fiscal Summary for SB4070 / *HB4038

Increase State Expenditures - $1,500/One-Time/Dept. of Financial Institutions $59,400/Recurring/Dept. of Financial Institutions Other Fiscal Impact - The expenditures required to implement the provisions of this bill will be paid from current service revenue from the Department of Financial Institutions. Such an increase in expenditures will result in a proportional reduction in the Departments reversion to the General Fund.

Latest Action: 04/01/2008 - Taken Off Notice For Calendar in Subcommittee Utilities, Banking and Small Business of Commerce of Commerce Committee

Bill Text

Banks and Financial Institutions - Limits fee that high-cost home loan lenders may charge for third or subsequent pay-off statement provided to borrow in 12-month period to $10.00. - Amends TCA Title 45 and Title 62, Chapter 13.

Fiscal Summary for *HB3188 / SB3580

MINIMAL

Latest Action: 03/05/2008 - Assigned to Gen. Sub of Senate C,L&A Comm.

Bill Text

Banks and Financial Institutions - Limits fee that high-cost home loan lenders may charge for third or subsequent pay-off statement provided to borrow in 12-month period to $10.00. - Amends TCA Title 45 and Title 62, Chapter 13.

Fiscal Summary for SB3580 / *HB3188

MINIMAL

Latest Action: 04/24/2007 - Taken Off Notice For Calendar in Subcommittee Utilities, Banking and Small Business of Commerce of Commerce Committee

Bill Text
Companion Bill SB1584. Loan Companies - Limits amount of fees charged by title pledge lender; increases monthly payment amount required by such lenders; gives persons aggrieved by title pledge lenders certain rights including a private right of action; and makes other modifications to the title pledge lenders law. - Amends TCA Title 45, Chapter 15, Part 1. Fiscal Summary for HB2132 / *SB1584Increase State Revenues - Not Significant Increase State Expenditures - Not Significant Increase Local Govt. Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for HB2132 / *SB1584 This bill revises regulations of title pledge loans and lenders. Title pledge loans are loans in which the lender takes possession of the certificate of title of personal property and either takes possession of the property or takes [...]

show full description

SB1584

SB1584 Sponsored by Roy Herron
Latest Action: 02/12/2007 - Passed second consideration, Referred to Senate C,L&A Comm.

Bill Text
Companion Bill HB2132. Loan Companies - Limits amount of fees charged by title pledge lender; increases monthly payment amount required by such lenders; gives persons aggrieved by title pledge lenders certain rights including a private right of action; and makes other modifications to the title pledge lenders law. - Amends TCA Title 45, Chapter 15, Part 1. Fiscal Summary for *SB1584 / HB2132Increase State Revenues - Not Significant Increase State Expenditures - Not Significant Increase Local Govt. Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for *SB1584 / HB2132 This bill revises regulations of title pledge loans and lenders. Title pledge loans are loans in which the lender takes possession of the certificate of title of personal property and either takes possession of the property or takes [...]

show full description