CS/HB 123 -  Consumer Finance Loans

by Insurance & Banking Subcommittee and Stevenson
Authorizes licensee & applicant for license to make & collect loans under Florida Consumer Finance Act to provide surety bond, certificate of deposit, or letter of credit in lieu of liquid assets; prohibits person licensed to make & collect consumer finance loans from charging prepayment penalties for loans; revises grounds for denial of license or disciplinary action; revises exceptions for licensee during Financial Technology Sandbox period.
Effective Date: October 1, 2022
Last Event: Added to Commerce Committee agenda on Friday, January 14, 2022 3:34 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill Text

Staff Analysis

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Added to Commerce Committee agenda Time: 01/14/2022 - 3:34 PM Member: Committee: Commerce Committee Version: c1
Event: H 1st Reading Time: 01/11/2022 - 9:25 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 01/11/2022 - 9:25 PM Member: Committee: Version: __
Event: H Now in Commerce Committee Time: 12/03/2021 - 10:03 AM Member: Committee: Commerce Committee Version: c1
Event: H Referred to Commerce Committee Time: 12/03/2021 - 10:03 AM Member: Committee: Commerce Committee Version: c1
Event: H CS Filed Time: 12/01/2021 - 3:18 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 12/01/2021 - 3:18 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 12/01/2021 - 2:51 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 12/01/2021 - 12:29 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 11/23/2021 - 2:24 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 09/29/2021 - 12:26 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 09/29/2021 - 12:26 PM Member: Committee: Commerce Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 09/29/2021 - 12:26 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 09/16/2021 - 4:15 PM Member: Stevenson Committee: Version: __

Statutes Referenced by this Bill