AN ACT CONCERNING VARIOUS REVISIONS TO THE BANKING STATUTES.
To (1) redefine "APR" and "small loan", (2) define "finance charge", (3) require additional persons to obtain small loan licenses, (4) provide that certain small loan requirements apply to loans that are between five thousand and fifty thousand dollars, (5) provide that certain small loans shall not provide for an advance exceeding unpaid principal of fifty thousand dollars, (6) redefine "goods" and "sales finance company", (7) establish that guaranteed asset protection waivers are cancellable, (8) provide that certain qualified public depository reports shall be certified under oath unless such reports are filed electronically, (9) provide that certain persons shall not engage the services of certain lead generators, and (10) eliminate a requirement that certain persons demonstrate an ability to supervise mortgage servicing offices in person.
Introduced by:
Banking Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Public Act No. 23-126 [doc] | |
| File No. 209 [doc] | |
| BA Joint Favorable Substitute [doc] | |
| Raised Bill [doc] |
| Called Amendments | |
| Senate Schedule A LCO# 8726 (J) [doc] |
| Uncalled Amendments | |
| Senate LCO Amendment #7725 (D) [doc] | |
| Senate LCO Amendment #7221 (D) [doc] |
| Votes | |
| House Roll Call Vote 300 AS AMENDED | |
| Senate Roll Call Vote 292 |
| Committee Actions | |
| BA Joint Fav. Rpt | |
| BA Vote Tally Sheet (Joint Favorable Substitute) |
| Bill Analyses | |
| Bill Analysis for SB-1033, as amended by Senate "A" | |
| Bill Analysis For File Copy 209 | |
| Summary for Public Act No. 23-126 |
Add Notes to SB-1033
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Co-sponsors for Amendment LCO:
Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 6/29/2023 | Signed by the Governor | ||
| 6/22/2023 | Transmitted by Secretary of the State to Governor | ||
| 6/22/2023 | Transmitted to the Secretary of State | ||
| 6/15/2023 | (LCO) | Public Act 23-126 | |
| 6/6/2023 | In Concurrence | ||
| 6/6/2023 | House Passed as Amended by Senate Amendment Schedule A | ||
| 6/6/2023 | House Adopted Senate Amendment Schedule A | ||
| 6/2/2023 | House Calendar Number 626 | ||
| 6/2/2023 | Favorable Report, Tabled for the Calendar, House | ||
| 5/31/2023 | Senate Passed as Amended by Senate Amendment Schedule A | ||
| 5/31/2023 | Senate Adopted Senate Amendment Schedule A 8726 | ||
| 3/23/2023 | (LCO) | File Number 209 | |
| 3/23/2023 | Senate Calendar Number 137 | ||
| 3/23/2023 | Favorable Report, Tabled for the Calendar, Senate | ||
| 3/23/2023 | (LCO) | Reported Out of Legislative Commissioners' Office | |
| 3/17/2023 | (LCO) | Referred to Office of Legislative Research and Office of Fiscal Analysis 03/22/23 5:00 PM | |
| 3/8/2023 | (LCO) | Filed with Legislative Commissioners' Office | |
| 3/7/2023 | (BA) | Joint Favorable Substitute | |
| 2/28/2023 | Public Hearing 03/02 | ||
| 2/17/2023 | Public Hearing 02/21 | ||
| 2/16/2023 | Referred to Joint Committee on Banking |
Co-sponsors of SB-1033
NOTE: Please direct all inquiries regarding the status of bills to the Office of the House Clerk and/or Senate Clerks' Office.
